Exhibit 99.2

Exception Grades

Run Date - 10/11/2017 6:15:03 PM

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064146	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064146	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201064146	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/12/2016
201064146	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/10/24/2016)
201064146	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201064146	Compliance	Compliance	Federal Compliance	TRID - Ten Percent Fee Tolerance	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,599.00 exceeds tolerance of $1,412.00 plus 10% or $1,553.20 (0)
201064146	Credit	Credit	Misc	Credit Exception:
201064146	Credit	Credit	Misc	Missing Document: Credit Letter of Explanation (LOE) not provided
201064161	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064161	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/04/2016

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-01): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/01/2016
		Reviewer Comment (2016-12-19): Seller provided a Post Close Fraud report with an “Auto Refer”. All items were verified. Exception request required. Reviewer Comment (2016-12-06): Seller provided a Post Close Fraud report with an “Auto Refer”. All items were verified. Exception request required. Reviewer Comment (2016-12-05): Seller provided a request for an extension for the requirement for the Fraud report. AIG to review.	12/19/2016
		Reviewer Comment (2016-12-28): Seller provided the LOX and Pay history.	12/28/2016
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2016-12-05): Seller provided evidence that the initial CD was provided to the borrower at least 3 days prior to closing.	12/05/2016
Disclosure reflects TIP of (66.762%) but calculated TIP is (66.721%).		Reviewer Comment (2016-12-28): The seller paid the prepaid interest and the TIP calculation on the final CD was correct. Condition cleared. Reviewer Comment (2016-12-20): Exception remains. A PCCD and LOX is required to the borrowers reflecting the correct TIP for the transaction. Reviewer Comment (2016-12-05): Seller provided the final CD which reflects the TIP of 66.762%. Calculated Tip is 66.721. Final CD reflects inaccurate TIP.	12/28/2016
($45.80) violation due to increase in (Title fee(s)).		Reviewer Comment (2016-11-23): Cure provided on Final CD.		11/23/2016
Homeowner association information is not complete. Missing contact name/number HOA address and Tax ID number.		Reviewer Comment (2016-12-01): Seller provided the Complete HOA information.	12/01/2016
Approved Exception from AIG for the missing Fraud report required. Post Close Fraud report was provided and all information verified however the report was run prior to close. AIG to approve.		Reviewer Comment (2016-12-29): Provided by AIG. Reviewer Comment (2016-12-20): Exception remains. AIG exception to approve is required.	12/29/2016
		Reviewer Comment (2016-12-01): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/01/2016
		Reviewer Comment (2016-12-27): Provided Pay History and LOX	12/27/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064161	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201064161	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of 5.05 is less than Guideline PITIA months reserves of 9.00.
201064161	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201064161	Compliance	Compliance	Federal Compliance	TRID - Ten Percent Fee Tolerance	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $157.50 exceeds tolerance of $143.00 plus 10% or $157.30 (0)
201064161	Compliance	Compliance	Federal Compliance	TRID - Fee Tolerance without Cure	TILA-RESPA Integrated Disclosure: Tolerance violation without evidence of sufficient cure provided.
201064161	Credit	Credit	Misc	Credit Exception:
201064161	Credit	Assets	Asset Documentation	Aged document: Asset Account is older than guidelines permit	Financial Institution: [REDACTED] / End Date: 06/30/2016 // Account Type: 401(k)/403(b) Account / Account Number: xxxx
201064167	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064167	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Demand Feature	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan contains a Demand Feature. (Final/[MM/DD/YYYY])
201064167	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID Non-Compliant: Missing payee for Tax Service fee reflected in sectiuon B. CD reflects paid to Third Party.		Reviewer Comment (2016-12-10): Seller provided a PCCD and LOX to the borrower reflecting the correction to the third party.		12/10/2016
		Reviewer Comment (2016-12-10): seller provided additional Asset Statements.	12/10/2016
Cure for Recording fee of $14.50 was not provided.		Reviewer Comment (2016-12-10): Seller provided Change in Circumstance.	12/10/2016
$14.50 violation due to increase in Recording Fees. No evidence of Cure.		Reviewer Comment (2016-12-10): Seller provided Change in Circumstance.	12/10/2016
Cure for Recording fee of $14.50 was not provided.		Reviewer Comment (2016-12-10): Seller provided Change in Circumstance.	12/10/2016
Homeowner association information is not complete. Missing contact name/number HOA address and Tax ID number.		Reviewer Comment (2016-12-13): Seller provided the complete HOA information. Reviewer Comment (2016-12-13): Seller provided letter from Mortgage company stating the HOA is not willing to provide the Tax ID information.	12/13/2016
New Condition - Assets provided to cure reserve requirements are date 06/30/16. Guidelines allow 120 days from note date which would be [MM/DD/YYYY]. Assets are more than 120 days aged from note date by 22 days. Please provide updated statement for 401K.		Reviewer Comment (2016-12-13): Seller provided updated account statements.	12/13/2016
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-01): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/01/2016
Demand Feature is blank.		Reviewer Comment (2016-11-29): Data was corrected on post close CD (SFIG).		11/29/2016
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY].		Reviewer Comment (2016-11-29): Data was corrected on post close CD (SFIG).		11/29/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064167	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/04/2016
201064167	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] VVOE
201064167	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201064167	Credit	Credit	Misc	Credit Exception:
201064191	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064191	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201064191	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201064191	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/02/2016
201064191	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201064199	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-02-13): LOX and Pay History Provided. Reviewer Comment (2016-12-06): Seller provided the Pay History, however all other conditions have not been met. Exception will remain open until all conditions have been addressed and cleared.	02/13/2017
Missing VVOE within 10 days of closing for Borrower’s additional jobs.		Reviewer Comment (2016-12-10): Seller provided the VVOE.	12/10/2016
The Final Closing Disclosure reflects a closing and disbursement date of [MM/DD/YYYY]. The Right to Cancel was signed on [MM/DD/YYYY] with an expiration date of [MM/DD/YYYY]. The Post Closing Disclosure was not provided until 10/31/2016, after the disbursement date on the prior closing disclosure. File did not contain documentation to support the Lender re-opened the rescission period or gave the borrower the proper notifications. Lender did not provide an explanation to the borrower explaining the reason for the post closing disclousre.		Reviewer Comment (2016-12-10): Seller provided the LOX and PCCD. Reviewer Comment (2016-12-06): Seller provided evidence of disbursement date which is after the expiration of the ROR, however the Post Close CD provided to the borrower did not have an LOX to the borrower. Please provide the LOX tot the borrower that was sent with the PCCD.	12/10/2016
Payoffs include a HELOC opened 01/2008 and last active on 09/2016. Page 387 of Drive report shows borrower acquired property 02/05/2002. HELOC was not a purchase money mortgage. Guidelines allow payoff of a seasoned non-purchase money subordinate lien. However, a seasoned HELOC cannot have cumulative draws greater than $2,000 in the past 12 months. Withdrawal activity was not documented for the HELOC with a transaction history. Provide a 12 months’ transaction history for the HELOC. If the history shows cumulative draws that exceed $2,000, the loan is subject to re-underwriting based on different loan terms as the purpose will be a cash out versus a limited cash out.		Reviewer Comment (2016-12-10): Seller provided proof of no Draws on the HELOX via Transaction History.	12/10/2016
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-07): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/07/2016
Disclosure reflects closing date as [MM/DD/YYYY]; mortgage notary date is [MM/DD/YYYY]. There is no PCCD with the Correct Closing and disbursement date in file. Provide PCCD and LOX to the borrower.		Reviewer Comment (2016-12-09): The seller provided a copy of the post-close CD and the LOX to the borrower for the changes, correcting the closing date.		12/09/2016
Subject loan closed [MM/DD/YYYY], rescission expired [MM/DD/YYYY]; earliest possible disbursement date [MM/DD/YYYY]. Final CD dated 10/18/2016 reflects disbursement date of [MM/DD/YYYY]. There is no PCCD with the Correct Closing and disbursement date in file. Provide PCCD and LOX to the borrower and proof of disbursement date.		Reviewer Comment (2016-12-09): The seller provided a copy of the post-close CD and the LOX to the borrower for the changes, correcting the disbursement date.		12/09/2016
		Reviewer Comment (2017-01-05): Seller provided payment/disbursement history.	01/05/2017
Provide a copy of the refund check sent to the borrower for $xx. A post-close CD was delivered to the borrower on 11/17/2016 to correct the consummation date and the disbursement date. The CD also reduced fees and the borrower received additional cash-out of $xx due to the changes,		Reviewer Comment (2017-01-02): Seller provided a PCCD as well as proof of disbursement that reduced the fees. Borrower disbursement figures indicate that there is no tolerance refund required, Reviewer Comment (2016-12-30): Seller provided same LOEand final refinance statement for review. Exception remains.		01/02/2017
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-08): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/08/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064199	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201064199	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/06/2016
201064199	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201064199	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201064201	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064201	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for homeowner’s insurance under Prepaids. (Final/[MM/DD/YYYY])
201064201	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201064201	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201064201	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/06/2016
201064201	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2016-12-15): Seller provided the Fraud report.	12/15/2016
		Reviewer Comment (2017-01-10): LOX and Pay History was provided	01/10/2017
Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed of $xx. The actual amount of closing costs financed is $xx. The lender reduced the closing costs financed by the amount of cash-out the borrower received at closing, $xx.		Reviewer Comment (2017-01-10): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower Reviewer Comment (2017-01-08): Seller comment states “The above reviewer comment is not taking into account the lender credit of $499.59 on page 2, section J. Per CFPB 1026.37(g)(6)(a copy is provided below), lender credits are included. Also, the reviewer is excluding the $497 paid before closing in the calculation. There is nothing in the CFPB regulations that requires that the closing costs paid before closing be excluded. The relevant sections are CFPB Regulations - 12 CFR Part 1026 (Regulation Z) - 1026.37 (h) (copy provided below). In that section it says the closing costs financed is calculated by subtracting payoffs not disclosed pursuant to 1026.37(f) and (g) (so, everything in section K) from the loan amount. The difference is the amount financed, as long as it does not exceed the total amount of closing costs disclosed under 1026.37(g)(6) - this section includes the lender credits and nowhere does it indicate that the charges paid before closing are to be excluded (I have provided a copy of this section below as well). Including the lender credit and the amount paid by borrower before closing, puts the closing costs at $xx. The calculation of subtracting section K from loan amount is $xx which does not exceed total closing costs ($xx) so it is accurate.” If a closing cost is being financed, it is being included in the loan. Therefore it does not include POC figures or lender credits to the borrower because these are not included in the actual loan and therefore can’t be “financed” Exception Remains.		01/10/2017
		Reviewer Comment (2016-12-15): Seller provided the Compliance report.	12/15/2016
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-08): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/08/2016
Section F (Prepaids) of the final CD disclosed 0 months of homeowner’s insurance premium.		Reviewer Comment (2016-12-28): Seller provided a corrected Closing Disclosure disclosing 1 month of homeowner’s insurance in Section F (Prepaids).		12/28/2016
Section F (Prepaids) of the final CD disclosed 0 months of property taxes.		Reviewer Comment (2016-12-28): Seller provided a correct Closing Disclosure disclosing 4 months of property taxes in Section F (Prepaids).		12/28/2016
The final CD dated and executed 10/22/2016 disclosed the disbursement date as [MM/DD/YYYY]. The Notice of Right to Cancel had an expiration date of [MM/DD/YYYY], [MM/DD/YYYY] is the earliest compliant disbursement date.		Reviewer Comment (2016-12-28): Seller provided Post Consummation Closing Disclosure with Disbursement date corrected to [MM/DD/YYYY]. Reviewer Comment (2016-12-28): Seller provided a correct post consummation Closing Disclosure correcting the disbursement date, however Letter of Explanation and Proof of Delivery was not provided. Exception remains.		12/28/2016
		Reviewer Comment (2017-01-04): Lox and Pay History were provided.	01/04/2017
The Post Close CD dated 12/16/16 disclosed escrow figures that are not consistent with the initial escrow disclosure. Per CD monthly Escrow is 836.05 and Per the Disclosure the Monthly Payment is xx		Reviewer Comment (2017-01-19): The CD that was provided to the borrowe was accurate and matches the funds received. The borrower first payment letter matches and an updated Escrow disclosure was provided to the borrower.	01/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064202	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064202	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201064202	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/05/2016
201064202	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/10/18/2016)
201064202	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201064202	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent,, ComplianceEase, etc.) not provided
201064202	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201064221	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064221	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/02/2016
201064221	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-09): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/09/2016
Estimates cost new is $xx. Insurance coverage of $xx. Insurance coverage is short $xx		Reviewer Comment (2016-12-18): Insurance estimate of cost to rebuild has been provided.	12/18/2016
		Reviewer Comment (2016-12-18): LOE on delay has been provided. Satisfactory loan history has been provided.	12/18/2016
		Reviewer Comment (2016-12-18): Received email confirmation from borrower that initial CD was received.	12/18/2016
Disclosed charge of $xx does not match calculated charge of $xx		Reviewer Comment (2016-12-18): Finance Charge was disclosed as $xx, which is within tolerance of actual Finance Charge $xx.	12/18/2016
		Reviewer Comment (2016-12-18): Compliance Report (PredProtect) has been provided.	12/18/2016
		Reviewer Comment (2016-12-18): Fraud Report (FraudGuard) dated 10/14/16 has been provided.	12/18/2016
		Reviewer Comment (2016-12-06): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/06/2016
		Reviewer Comment (2016-12-30): Seller provided the Pay History and LOX	12/30/2016
TRID non-compliant. Seller paid fees on the Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Recording fee $xx, Real Estate Commission $xx and warranty reserve $xx were disclosed on the Seller’s Closing Disclosure but were not disclosed on the Buyer’s Final Closing Disclosure.		Reviewer Comment (2016-12-29): Seller provided LOE to the borrow and proof of delivery with corrected post close Closing Disclosure. Seller paid Recording fee $xx, Real Estate Commission $xx and Realtor/Broker Service fee $xx are reflected on page 2. Reviewer Comment (2016-12-15): Seller provided a revised PCCD , however, page two reflects seller fees of $xx only. Warranty Reserve Fee of $xx and Commission to Lafferty of $xx were not reflected. Condition remains. Reviewer Comment (2016-12-13): Seller provided a PCCD, however page 2 of the CD does not reflect the seller paid fee’s. Provide a PCCD reflecting seller paid fee’s on page 2. Condition remains.		12/29/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064221	Compliance	Compliance	Federal Compliance	TRID - Ten Percent Fee Tolerance	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $200.00 exceeds tolerance of $150.00 plus 10% or $165.00 (0)
201064221	Credit	Credit	Misc	Credit Exception:
201064223	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian	12/16/2016
201064223	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201064223	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201064223	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201064223	Compliance	Compliance	Federal Compliance	TRID - Fee Tolerance without Cure	TILA-RESPA Integrated Disclosure: Tolerance violation without evidence of sufficient cure provided.
201064223	Compliance	Compliance	Federal Compliance	TRID - Zero Percent Fee Tolerance	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $59.63 exceeds tolerance of $50.00. (7520)
201064223	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/16/2016
201064223	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 9/21/2016 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Interim/09/21/2016)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
($35) violation due to increase in recording fee.		Reviewer Comment (2016-12-06): Cure of $xx was disclosed on the final CD.		12/06/2016
Post Close CD reflects a change in the escrows from the time of closing to the PCCD. The taxes now reflect a lower figure of $543.62 from the $590.14. This is not consistent with the initial Escrow disclosure provided to the borrower or the funds collected at closing for the escrow.		Reviewer Comment (2017-01-16): Seller provided an IEAD reflecting the accurate escrows which match the PCCD. Additionally a final settlement statement was provided reflecting that the borrower was charged the correct figures at the time of closing.	01/16/2017
		Reviewer Comment (2016-12-09): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/09/2016
		Reviewer Comment (2016-12-21): Seller provided the Post Close CD and LOX to borrower reflecting the seller paid fees Reviewer Comment (2016-12-18): Rebuttal provided stating that the borrower’s CD is not required to disclosure the seller’s fees. The regulation allows for the omission of the Borrower paid fees from Page 2 of the Seller’s CD. The regulation does not allow the omission of the Seller paid fees from page 2 of the Borrower’s CD.		12/21/2016
Cure for Credit Report Fee of $9.63 was not provided.		Reviewer Comment (2016-12-27): Client elects to waive. Reviewer Comment (2016-12-18): Summary of Changed Circumstance was provided. This reflects the $59.63was due to “New Information Was Provided”. Missing evidence of the new information (the changed event) that caused the increase in credit report fee.			12/27/2016
		Reviewer Comment (2016-12-18): Evidence of Toolkit has been provided.	12/18/2016
Cure for Credit Report Fee of $9.63 was not provided.		Reviewer Comment (2017-01-02): Seller provided a CIC allowing the increase in the credit report fee. Reviewer Comment (2016-12-29): Supplemental credit provided matches the original credit report in file. There is still no indication as to what valid change took place to cause the fee to increase. Reviewer Comment (2016-12-18): Summary of Changed Circumstance was provided. This reflects the $59.63 was due to “New Information Was Provided”. Missing evidence of the new information (the changed event) that caused the increase in credit report fee.	01/02/2017
Fee disclosed as $50.00 on LE dated 09/19/2016, but disclosed as $59.63 on Final Closing Disclosure.		Reviewer Comment (2017-01-02): Seller provided a CIC allowing the increase in the credit report fee. Reviewer Comment (2016-12-29): Original supplemental credit report and Summary of Change of Circumstance was provided again, however this information matches the original credit report in file. There is still no indication as to what valid change took place to cause the fee to increase. Reviewer Comment (2016-12-21): Supplemental credit report was provided however this information matches the original credit report in file. There is no indication as to what valid change took place to cause the fee to increase. Reviewer Comment (2016-12-18): Summary of Changed Circumstance was provided. This reflects the $59.63 was due to “New Information Was Provided”. Missing evidence of the new information (the changed event) that caused the increase in credit report fee.	01/02/2017
		Reviewer Comment (2017-01-02): Seller provided the Pay History and LOX	01/02/2017
Esign Consent in file is dated 10/24/2016, however file shows evidence that CD dated 9/21/2016 was electronically received by borrower, as it is electronically signed on 9/21/2016.		Reviewer Comment (2016-12-18): E-Sign consent dated has been provided.	12/18/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064229	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064229	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201064229	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/10/2016
201064229	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201064236	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064236	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for homeowner’s insurance under Prepaids. (Final/[MM/DD/YYYY])
201064236	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201064236	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Tax Prepaid Other 1 Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Tax Prepaid - Other under Prepaids. (Final/[MM/DD/YYYY])
201064236	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201064236	Compliance	Compliance	Federal Compliance	TRID - Fee Tolerance without Cure	TILA-RESPA Integrated Disclosure: Tolerance violation without evidence of sufficient cure provided.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2016-12-09): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/09/2016
Estimated replacement cost from appraisal is $xx. Insurance coverage is $xx. Coverage shortfall of $xx.		Reviewer Comment (2016-12-27): The policy states 100% replacement cost coverage is provided.	12/27/2016
		Reviewer Comment (2016-12-29): Provided Pay History and LOX	12/29/2016
		Reviewer Comment (2016-12-15): Seller provided E-consent executed by the borrower.	12/15/2016
		Reviewer Comment (2016-12-09): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/09/2016
The field in Section F is blank.		Reviewer Comment (2016-12-09): Post-Close CD and Letter of Explanation provided in file. The CD properly reflects the number of months on line 01 (Section F).		12/09/2016
The field in Section F is blank.		Reviewer Comment (2016-12-09): Post-Close CD and Letter of Explanation provided in file. The CD properly reflects the number of months on line 01 (Section F).		12/09/2016
The field in Section F is blank.		Reviewer Comment (2016-12-09): Post-Close CD and Letter of Explanation provided in file. The CD properly reflects the number of months on line 01 (Section F).		12/09/2016
Cure of $xx was reflected, which is insufficient for the required cure of $87.49, due to the increase in Lender’s Title Insurance premium from $2,830.00 to $2,917.49.		Reviewer Comment (2016-12-30): PCCD dated 12/22/16 reflecting cure of $xx has been provided along with letter to borrower, check for $xx and proof of delivery. Reviewer Comment (2016-12-22): Seller comment states that the cure at closing discrepancy is due to the difference in calculating the actual amount in Encompass vs the amount rounded and disclosed in LE. They believe actual amounts should be acceptable. However, the borrower is due a refund of the full amount of the tolerance overages. The cure at close did not cover the full violation.		12/30/2016
Cure of $xx was reflected, which is insufficient for the required cure of $87.49, due to the increase in Lender’s Title Insurance premium from $2,830.00 to $2,917.49.		Reviewer Comment (2016-12-30): PCCD dated 12/22/16 reflecting cure of $xx has been provided along with letter to borrower, check for $xx and proof of delivery. Reviewer Comment (2016-12-22): Seller comment states that the cure at closing discrepancy is due to the difference in calculating the actual amount in Encompass vs the amount rounded and disclosed in LE. They believe actual amounts should be acceptable. However, the borrower is due a refund of the full amount of the tolerance overages. The cure at close did not cover the full violation.		12/30/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064236	Compliance	Compliance	Federal Compliance	TRID - Zero Percent Fee Tolerance	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender’s Title Insurance. Fee Amount of $xx exceeds tolerance of $xx. (7567)
201064236	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/12/2016
201064237	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064237	Compliance	Compliance	County Compliance	ILAPLD - Missing Certificate of Compliance/Exemption	IL Predatory Lending Database Program (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.
201064237	Credit	Loan Package Documentation	Closing / Title	Final Title Policy is Missing
201064237	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/11/2016
201064239	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064239	Credit	Credit	Misc	Credit Exception:
201064239	Credit	Property - Appraisal	Appraisal Documentation	Missing Document: Final Inspection / 442 not provided
201064239	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as $xxx on LE dated 09/23/2016, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2016-12-30): PCCD dated 12/22/16 reflecting cure of $xx has been provided along with letter to borrower, check for $xx and proof of delivery. Reviewer Comment (2016-12-22): Seller comment states that the cure at closing discrepancy is due to the difference in calculating the actual amount in Encompass vs the amount rounded and disclosed in LE. They believe actual amounts should be acceptable. However, the borrower is due a refund of the full amount of the tolerance overages. The cure at close did not cover the full violation.		12/30/2016
		Reviewer Comment (2016-12-30): Letter of explanation and payment history has been provided.	12/30/2016
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-09): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/09/2016
		Reviewer Comment (2016-12-15): Certificate of Compliance or Exemption provided.	12/15/2016
		Reviewer Comment (2016-12-09): Not required on New origination files.	12/09/2016
		Reviewer Comment (2016-12-23): All conditions cleared and LOX provided.	12/23/2016
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-09): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/09/2016
Name, address, contact information, evidence of current status of dues and Tax ID number for Association or Management Company not provided		Reviewer Comment (2016-12-20): Seller provided all HOA information. Reviewer Comment (2016-12-19): Lender provided statement that HOA was not willing to provide their tax ID info, and asked for waiver on this item. Reviewer Comment (2016-12-15): Name, address, contact information, evidence of current status was provided. However,, Tax ID number for Association or Management Company is still missing.	12/20/2016
Appraisal is subject to the roof being replaced. Final inspection has not been provided.		Reviewer Comment (2016-12-15): Final 442 inspection was provided.	12/15/2016
FraudGuard not located in file for either borrower.		Reviewer Comment (2016-12-19): Fraud Report (Drive Report) dated 10/13/16 has been provided. Reviewer Comment (2016-12-15): Fraud Disclosure was provided; however, fraud guard report is still required.	12/19/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064239	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/05/2016
201064239	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
201064243	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064243	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/12/2016
201064243	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $xx is less than amount of binding Lender Credit previously disclosed in the amount of $xx. (9300)
201064243	Compliance	Compliance	Federal Compliance	TRID - Fee Tolerance without Cure	TILA-RESPA Integrated Disclosure: Tolerance violation without evidence of sufficient cure provided.
201064243	Compliance	Compliance	Federal Compliance	TRID - Zero Percent Fee Tolerance	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $xx exceeds tolerance of $9.00. (7520)
201064243	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Fee Terminology and Order	TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on [MM/DD/YYYY] did not use the same fee terminology or did not list the fees in the same sequential order as the Loan Estimate. (Final/[MM/DD/YYYY])
201064243	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201064243	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2016-12-20): Seller provided Pay History and LOX.	12/20/2016
Seller paid owners policy is disclosed as a negative number.		Reviewer Comment (2016-12-15): Final Closing Disclosure was provided on 12/13/16 vie email to Borrower. Seller paid Owner’s Policy was corrected to reflect a positive number of $ 1,067.00		12/15/2016
		Reviewer Comment (2016-12-09): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/09/2016
		Reviewer Comment (2016-12-30): Letter of explanation and payment history has been provided.	12/30/2016
Lender credit of $xx was disclosed on LE dated 9/28/2016. Final CD did not provide any lender credit outside of a tolerance cure.		Reviewer Comment (2016-12-21): Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD		12/21/2016
Cure of $xx was reflected, which is insufficient to cure $1,511.36.		Reviewer Comment (2016-12-21): Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD was provided.		12/21/2016
Fee disclosed as $xx on LE dated 9/19/2016, but disclosed as $xx on Final CD.		Reviewer Comment (2016-12-21): Credit cure at closing		12/21/2016
LE disclosed “Title - Endorsements” fee in Section C. Final CD, Section C, reflects the following Fees which are Endorsements: “Title - Environmental Protection”, “Title - T-19 Res Endorsement”, and “Title - Tax Deletion”. The Fee name as reflected on the LE was not reflected on the Final CD.		Reviewer Comment (2016-12-21): The change in terminology is due to the fee requirement not being finalized until closing. At closing fees are removed, changed or comment added	12/21/2016
Section F disclosed 3 months collected Homeowner’s Insurance Premium for $1,026.00 total. Section G confirms monthly Homeowner’s Insurance premium amount is $85.50. The total collected in Section F ($1,026.00) is 12 months, vs the 3 months, as reflected.		Reviewer Comment (2016-12-21): Post Close CD was provided with LOX to the borrower correcting Section F.		12/21/2016
Cure of $xx was reflected, which is insufficient to cure $1,511.36.		Reviewer Comment (2016-12-21): Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD was provided.		12/21/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064243	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201064243	Credit	Credit	Misc	Credit Exception:
201064243	Credit	Credit	Misc	Missing Document: Credit Letter of Explanation (LOE) not provided
201064245	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064245	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201064245	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase
201064245	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201064245	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201064245	Compliance	Compliance	Federal Compliance	TRID Revised Loan Estimate Timing vs Closing Disclosure	TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (Initial/09/16/2016)
201064245	Compliance	Compliance	Federal Compliance	TRID Revised Loan Estimate Timing vs Closing Disclosure	TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (Interim/09/28/2016)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller’s CD disclosed seller paid fees of $xx vs Final Borrower CD which reflected total seller paid fees of $xx.		Reviewer Comment (2016-12-21): Seller provided a PCCD and LOX to borrower reflecting the seller paid fees		12/21/2016
File includes “Review Scope Report” for appraisal with value of $xx as required per Guidelines. The report score of xx is not acceptable per guidelines, and indicates the appraisal is not acceptable. A 2nd appraisal was provided in the loan file with value of $xx, however, there is not a corresponding Review Scope Report.		Reviewer Comment (2016-12-16): Seller provided correspondence approving the use of 2nd appraisal with no score.	12/16/2016
Final purchase approval is subject to an exception from AIG’s Portfolio Manager for the use of a second appraisal due to the FNC score < guidelines		Reviewer Comment (2017-01-04): Exception Approved by AIG.	01/04/2017
		Reviewer Comment (2016-12-07): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/07/2016
File has copy of Lease Agreement, however guidelines require 12 months cancelled checks for rental history verification. Per the final 1003 borrower has been renting at current address for 1 year 5 months. Please provide Verification of Rent.		Reviewer Comment (2016-12-29): Seller provided Account Summary verifying monthly transfers for 19 months to landlord matching rental agreement in file. Reviewer Comment (2016-12-15): Please Provide Account summary you are referencing. Additionally, going forward, it a document is not loaded and only a comment AMC will be unable to address per AIG requirements.	12/29/2016
		Reviewer Comment (2016-12-29): LOX and Pay History Provided.	12/29/2016
The issue date says [YYYY] on the Closing disclosure.		Reviewer Comment (2016-12-14): Seller provided a PCCD and LOX		12/14/2016
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-27): Client elects to waive. Reviewer Comment (2016-12-15): Seller comment states “The Seller Credit being questioned has nothing to do with our borrower . The Seller Credit reflected of $2,492.00 is going towards the owner policy paid by the seller. Their were no Seller Paid fees on behalf of the borrower please clear this suspense”. However reg Z requires all fee’s be fully disclosed on the consumer CD. Provide PCCD and LOX to the borrower per the Regs.			12/27/2016
CD reflects issue date of [MM/DD/YYYY].		Reviewer Comment (2016-12-15): Seller provided Attestation that the year is a Typo. Additionally a PCCD with the corrected year was provided to the borrower with the LOX.	12/15/2016
CD reflects issue date of [MM/DD/YYYY].		Reviewer Comment (2016-12-15): Seller provided Attestation that the year is a Typo. Additionally a PCCD with the corrected year was provided to the borrower with the LOX.	12/15/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064245	Compliance	Compliance	Federal Compliance	Retirement Documentation	Qualified Mortgage (Dodd-Frank 2014): Retirement income documentation insufficient. ([REDACTED] [REDACTED]/IRA Distribution)
201064245	Compliance	Compliance	Federal Compliance	Initial Loan Application Status Test	No evidence of application date located in file. Compliance tests were run using an application date of [MM/DD/YYYY] which is 1 month(s) prior to consummation. A 7 month lookback was used to determine this application date.
201064245	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201064252	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064252	Credit	Credit	Misc	Credit Exception:
201064252	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/09/2016
201064252	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: Investor qualifying total debt ratio discrepancy.	Calculated investor qualifying total debt ratio of 44.55365% exceeds Guideline total debt ratio of 43.00000%.
201064252	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of .
201064252	Compliance	Compliance	Federal Compliance	QM DTI	Qualified Mortgage (Dodd-Frank 2014): Total Debt to Income Ratio exceeds 43% and the images do not provide evidence loan is eligible for purchase, guarantee or insurance by the appropriate agency.
201064252	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing 2 years signed personal tax returns to support the IRA distribution income as required to meet QM.		Reviewer Comment (2016-12-15): The tax return reflects the retirement income paid to the consumer for part of last year. The bank statements backstop current distributions and the total balance indicates this will be sustained. Reviewer Comment (2016-12-14): Appendix Q requires a 2 year history reflecting in the borrower tax return. While this is allowed per the guides, Appendix Q does not. Condition remains.	12/15/2016
		Reviewer Comment (2016-12-29): Seller provided initial application with an application date of [MM/DD/YYYY]. Reviewer Comment (2016-12-14): Seller commented that the initial 1003 is in the file, however this is not in the file.	12/29/2016
Non-QM due to missing signed tax returns for IRA distribution.		Reviewer Comment (2016-12-15): The borrower has not been retired for two years and the account indicates continuance well into the future. Reviewer Comment (2016-12-14): Appendix Q requires a 2 year history reflecting in the borrower tax return. While this is allowed per the guides, Appendix Q does not. Condition remains.	12/15/2016
		Reviewer Comment (2016-12-09): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/09/2016
Name, address, contact information, evidence of current status of dues and Tax ID number for Homeowner’s Association or Management Company not provided		Reviewer Comment (2016-12-30): Name, address, tax ID and current status/frequency has been provided.	12/30/2016
		Reviewer Comment (2017-01-17): Conditions provided	01/17/2017
DU and 1008 show two installment payments ($xx and $xx) were omitted from borrower’s total monthly liabilities, totaling $xx per month. Data Entry Proof Sheet shows that a closing condition was that the 2 liabilities be paid (pg 508). Evidence of payoff prior to or at closing has not been provided. Account transaction ledger reflects the monthly payments on both of these accounts from the borrowers personal checking account on 10/26/16 (p308).		Reviewer Comment (2017-01-13): Seller provided a PCCD 11/20/16 reflecting the payoff of two installment loans. Reviewer Comment (2016-12-30): Seller provided loan payout quote for the two installment payments ($876 & $818), however evidence that loans have been paid has not been provided. Exception remains.	01/13/2017
DU and 1008 show two installment payments ($xx and $xx) were omitted from borrower’s total monthly liabilities, totaling $xx per month. Data Entry Proof Sheet shows that a closing condition was that the 2 liabilities be paid (pg 508). Evidence of payoff prior to or at closing has not been provided. Account transaction ledger reflects the monthly payments on both of these accounts from the borrowers personal checking account on 10/26/16 (p308).		Reviewer Comment (2017-01-13): Seller provided a PCCD 11/20/16 reflecting the payoff of two installment loans. Reviewer Comment (2016-12-30): Seller provided loan payout quote for the two installment payments ($876 & $818), however evidence that loans have been paid has not been provided. Exception remains.	01/13/2017
Two installment payments were removed from recurring payments totaling $xx per month. Evidence of payoff prior to or at closing has not been provided. Transaction ledger reflects the monthly payments on both of these accounts from the borrowers personal checking account on 10/26/16 (p308).		Reviewer Comment (2017-01-13): Seller provided a PCCD 11/20/16 reflecting the payoff of two installment loans. Reviewer Comment (2016-12-30): Seller provided loan payout quote for the two installment payments ($876 & $818), however evidence that loans have been paid has not been provided. Exception remains.	01/13/2017
Sellers CD reflects $xx in seller paid fees. Borrower Final CD reflects $xx in seller paid fees.		Reviewer Comment (2017-01-13): Per the client’s guidance, condition is waived. Reviewer Comment (2016-12-30): Seller provided Post-Close CD dated 11/20/2016 reflecting seller paid fees of $xx. Exception remains. A Post-Close CD and LOE to the borrower reflecting all correct seller fees affiliated with the transaction is required.			01/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064252	Credit	Credit	Misc	Credit Exception:
201064259	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064259	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201064259	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201064259	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201064259	Compliance	Compliance	Federal Compliance	TRID Invalid Section B Combinations	TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [MM/DD/YYYY] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/[MM/DD/YYYY])
201064259	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201064259	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/10/2016
201064266	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064266	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller provided Post-Close CD dated 11/20/2016 reflecting a total cash to close from borrower of $xx (cash to close required + deposit of $xx + closing costs paid before closing). Have verified assets of $xx. Based on post-close CD borrowers do not have sufficient funds to meet reserve requirement of 9 months for subject and 6 months for other financed property.		Reviewer Comment (2017-01-17): Assets verified were sufficient to meet the post-close CD requirement.	01/17/2017
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-08): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/08/2016
The Esign disclosure has not been provided.		Reviewer Comment (2016-12-09): Seller provided a copy of the econsent disclosure.	12/09/2016
Final CD disclosed a closing date of [MM/DD/YYYY], consummation did not take place until [MM/DD/YYYY].		Reviewer Comment (2016-12-15): Seller provided a PCCD and LOX to the borrower reflecting the correct Closing date.		12/15/2016
The Home Loan Toolkit has not been provided.		Reviewer Comment (2016-12-09): Seller provided a copy of the Home Loan Toolkit.	12/09/2016
The appraisal and final inspection are disclosed as being paid to the lender.		Reviewer Comment (2016-12-15): Seller provided a PCCD and LOX to the borrower indicating that the appraisal products were paid to the appraisal company.		12/15/2016
Sellers CD is missing from the loan documents.		Reviewer Comment (2016-12-21): Seller CD provided.	12/21/2016
		Reviewer Comment (2017-01-10): Seller provided the Clear Pay History and lox. Reviewer Comment (2017-01-02): LOX is received however the first payment was due [MM/DD/YYYY]. Please provide a payhistory as evidence that this payment was made.	01/10/2017
		Reviewer Comment (2016-12-08): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/08/2016
The final Closing Disclosure did not list any Seller paid fees; Consumer CD is required to accurately reflect all fee’s associated with the transaction.		Reviewer Comment (2016-12-15): Seller provided PCCD and LOX to the borrower reflecting the seller paid fee’s on the CD.		12/15/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064266	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201064266	Compliance	Compliance	Federal Compliance	TRID Invalid Section B Combinations	TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [MM/DD/YYYY] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/[MM/DD/YYYY])
201064266	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/15/2016
201064266	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/10/26/2016)
201064272	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064272	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201064272	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/05/2016
201064272	Credit	Assets	Asset Documentation	Assets Error: Borrower was not provided
201064272	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/10/21/2016)
201064272	Compliance	Compliance	Federal Compliance	(Missing Data) Last Rate Set Date	Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2016-12-09): Seller provided a copy of the Home Toolkit.	12/09/2016
The desktop appraisal analysis fee of $150 was performed by the Lender and the fee charged by the Lender.		Reviewer Comment (2016-12-15): Seller provided a PCCD and LOX to the borrower correcting the fee paid to the appraiser.Z		12/15/2016
		Reviewer Comment (2016-12-15): Seller provided the LOX and Pay history	12/15/2016
no evidence in file of when the borrower received the initial CD.		Reviewer Comment (2016-12-09): Seller provided documentation verifying the receipt of the initial CD.	12/09/2016
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-08): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/08/2016
		Reviewer Comment (2016-12-18): Seller provided the fraud report.	12/18/2016
		Reviewer Comment (2017-01-02): Seller provided the Pay History and LOX.	01/02/2017
Asset documentation was not provided. Unable to determine if reserve requirement was met.		Reviewer Comment (2016-12-22): Seller provided the 2 most recent bank statements prior to close reflecting sufficient assets for 9 month reserve requirement. Reviewer Comment (2016-12-18): Income docs are not in the file. Please provide.	12/22/2016
		Reviewer Comment (2016-12-18): Seller provided proof that borrower received the appraisal.	12/18/2016
Please provide confirmation of the rate lock.		Reviewer Comment (2016-12-18): Seller provided the Rate Lock.	12/18/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064272	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201064272	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201064272	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Loan Type	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Loan Type that does not match the actual loan type for the loan. (Final/[MM/DD/YYYY])
201064272	Compliance	Compliance	Federal Compliance	(Missing Data) QM Test Data Missing - Last Rate Set Date	Qualified Mortgage (Dodd-Frank 2014): Last Date Rate Set not provided. Testing will use worst-case (lowest) APOR in the period between Creditor Application Date and Transaction Date.
201064272	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of is less than Guideline PITIA months reserves of 9.00.
201064272	Credit	Credit	Misc	Credit Exception:
201064272	Compliance	Compliance	Federal Compliance	TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 3, 5, 7, 8, 9, 10 or DC)	Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used.
201064272	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/10/21/2016)
201064272	Credit	Credit	Misc	Credit Exception:
201064276	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2016-12-18): Seller Provided proof of E-consent.	12/18/2016
Final closing disclosure shows Homeowners Premium under prepaids for 12 months as $xx ($xx per month). Initial Escrow for homeowners is $xx per month.		Reviewer Comment (2016-12-29): Post close CD provided correcting Homeowners Premium under prepaids to $xx. Reviewer Comment (2016-12-19): Seller provided a Post Close CD, however it still reflects Homeowners Premium under prepaids (section F) for 12 months as $1,292.00 ($103.76 per month). and Section G Initial Escrow payment at closing for homeowners is $95.75 per month. 95.75 per month only equals 1,149 per month. a $143 difference.		12/29/2016
Final Closing Disclosure reflects the Loan Type as Other-Jumbo and not Conventional.		Reviewer Comment (2016-12-19): Seller provided the PCCD reflecting the correct loan type as well as the LOX to the borrower.		12/19/2016
Due to missing Rate lock.		Reviewer Comment (2016-12-18): Seller provided the Rate Lock.	12/18/2016
Guidelines require reserves of 9 months PITIA. Asset documentation was not provided. Borrower received cash back at closing		Reviewer Comment (2016-12-22): Seller provided the 2 most recent bank statements prior to close reflecting sufficient assets for 9 month reserve requirement. Reviewer Comment (2016-12-18): Asset Docs not in file. Please provide. No Document loaded to Mtrade, only comments.	12/22/2016
Homeowner Counseling list did not reflect at least 10 agencies.		Reviewer Comment (2016-12-18): Seller provided the full complete Disclosure including the 10 agencies.	12/18/2016
Title report shows the primary Mortgage beneficiary is the same as subject lender. Credit report shows a different lender.		Reviewer Comment (2017-01-02): Client elects to waive. Reviewer Comment (2016-12-29): Seller provided a payoff letter reflecting same lender as credit report, however preliminary title is still reflects that the prior lender is [Redacted] from a Mortgage obtained in 2014, which is the same as the new lender. Reviewer Comment (2016-12-18): Seller comment states “We were not the creditor on the previous loan. The verbiage is correct on the NRTC. Please waive- I will email [Redacted] the difference in the two documents” However, the preliminary title reflects that the Prior lender is [Redacted] from a Mortgage obtained in 2014 which the same as the new lender and therefore, the wrong form was used.			01/02/2017
The appraisal was provided to the borrower prior to the appraiser signature.		Reviewer Comment (2017-01-02): Client elects to waive. Reviewer Comment (2016-12-29): Seller provided original appraisal dated [MM/DD/YYYY] with proof of delivery on 10/7/2016, however please provide evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal was sent to the borrower.			01/02/2017
Seller to provide source (paper trail) for large deposit of $xx on [MM/DD/YYYY] into [REDACTED] #[REDACTED]. Exception added 12/22/2016 after review of bank statements provided.		Reviewer Comment (2016-12-29): Account #xxxx with [REDACTED] was removed from the asset calculations and there are sufficient assets to meet the reserve requirement.	12/29/2016
		Reviewer Comment (2016-12-08): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/08/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	No Defined Cure
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
3	C	XXXX	XX	Primary	Refinance - Cash-out - Other	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064276	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201064276	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201064276	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201064276	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201064276	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/10/26/2016)
201064276	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201064276	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/10/26/2016)
201064283	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064283	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201064283	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-02): Seller provided the Pay History and LOX.	01/02/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2016-12-22): Seller provided initial CD to the borrower dated 10/28/2016. Reviewer Comment (2016-12-19): Seller provided the tracking indicating that a CD was sent to the borrower with an issue date of 10/28, however this CD is not in the file. Only CD in file has an issue date of [MM/DD/YYYY]. Provided initial disclosure.	12/22/2016
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-30): Seller provided LOE to the borrower and Post-Close CD dated 12/23/2016. Post-Close CD reflects the accurate seller paid fees of $xx. Reviewer Comment (2016-12-27): Client elects to waive. Reviewer Comment (2016-12-19): Seller provided the final Settlement statement, however per Reg Z the borrower CD is to reflect all fees related to the transaction. AMC reviewed this issue with outside counsel. Although the text within the regulation allows the exclusion of the consumers fees from the Sellers CD, there is not a corollary option to exclude the seller paid fees from page 2 of the consumers CD. In addition to the language within the regulation, the informal guidance provided by CFPB affirms this position. Of Note the current TRID proposed updates that were out for commentary reference the previously provided guidance from the April 12, 2016 webinar.			12/27/2016
		97. A recording of the webinar posted on a Web site by the Federal Reserve System (registration required) can be found on the Bureau’s Web site at http://www.consumerfinance.gov/policy-compliance/guidance/implementation-guidance/tila-respa-disclosure-rule/. The webinar is clear and restates the issue several times: although the consumer costs can be omitted from the sellers CD, there is no corollary allowance for the exclusion of the Seller paid costs from the consumer’s Closing Disclosure. If one opts to revisit the recorded webinar from April 12, 2016, see slide 25 at 43.01 through 46:50. (They also specifically address the requirement for the real estate commission fees paid by the seller as being required on the consumer’s closing disclosure.) The regulation is clear that the consumer paid fees can be omitted from the sellers disclosure, but there is not a reference to allow omission or exclusion of seller paid amounts from the consumers disclosure. In addition, since it unlikely the seller’s disclosure is provided to the consumer, Lacking the clear disclosure to the consumer of the seller paid fee amounts, the consumer would be unable to confirm compliance with the HOEPA points and fees threshold as well as the 3% tests for QM adherence. In the event the seller is providing a lump sum credit to the consumer that is not specific to certain fees or charges, we would expect to see the non-specified charges as paid by the consumer on page 2 of the CD. If the seller is paying specific fees, then the seller column was created to reflect those specific payments and to disclose those amounts to the consumer.
		Reviewer Comment (2016-12-19): Seller provided evidence that the toolkit was provided to the borrower.	12/19/2016
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2016-12-19): Seller provided evidence that the appraisal was provided to the borrower.	12/19/2016
		Reviewer Comment (2016-12-19): Seller provided the Executed E-consent.	12/19/2016
Evidence that appraisal was provided reflects that the appraisal was given to the borrower prior to the appraiser signature date.		Reviewer Comment (2017-01-02): Client elects to waive. Reviewer Comment (2016-12-30): Seller provided evidence appraisal was provided on 10/18/2016, prior to appraisal report date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with ECOA § 1002.14(a)(1). Please provide evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal was sent to the borrower.			01/02/2017
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-08): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/08/2016
		Reviewer Comment (2016-12-29): Loan was locked prior to 10/15/2016 and the Fraud Report is not required.	12/29/2016
		Reviewer Comment (2017-01-04): Dec Page Provided.	01/04/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064283	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201064283	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/15/2016
201064283	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201064283	Compliance	Compliance	Federal Compliance	TRID - Fee Tolerance without Cure	TILA-RESPA Integrated Disclosure: Tolerance violation without evidence of sufficient cure provided.
201064283	Compliance	Compliance	Federal Compliance	TRID - Zero Percent Fee Tolerance	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $758.00 exceeds tolerance of $425.00. (8304)
201064283	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/10/28/2016)
201064283	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201064283	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
201064283	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201064283	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Hazard coverage $xx estimated cost new $xx shortfall $xx.		Reviewer Comment (2017-01-04): Proof of sufficient coverage was provided. Reviewer Comment (2016-12-22): Seller provided an endorsement showing an additional amount of insurance of 50%. This endorsement is not a complete hazard policy. Unable to verify coverage applies to borrower and subject property.	01/04/2017
		Reviewer Comment (2017-01-16): Seller provided clear pay history.	01/16/2017
		Reviewer Comment (2016-12-22): Erroneous Reg ID 2933. No tolerance violation of $333 for Transfer Tax fee. Violation appears due to transfer tax fee disclosed as $425, but $758 paid at closing. The borrower paid $xx at closing and the seller paid $xx at closing. Overall the transfer tax fee paid by the borrower at closing was only $xx, which is lesser than the disclosed fee of $425.	12/22/2016
Cure for (transfer tax fee) of ($333.00) was not provided.		Reviewer Comment (2016-12-22): Erroneous Reg ID 2933. No tolerance violation of $333 for Transfer Tax fee. Violation appears due to transfer tax fee disclosed as $425, but $758 paid at closing. The borrower paid $xx at closing and the seller paid $xx at closing. Overall the transfer tax fee paid by the borrower at closing was only $xx, which is lesser than the disclosed fee of $425.	12/22/2016
Fee disclosed as ($xx) on (LE dated 09/15/2016), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2016-12-22): Erroneous Reg ID 2933. No tolerance violation of $333 for Transfer Tax fee. Violation appears due to transfer tax fee disclosed as $425, but $758 paid at closing. The borrower paid $xx at closing and the seller paid $xx at closing. Overall the transfer tax fee paid by the borrower at closing was only $xx, which is lesser than the disclosed fee of $425.	12/22/2016
Valuation Received Date [MM/DD/YYYY] > Note Date [MM/DD/YYYY].		Reviewer Comment (2017-01-10): Seller provided evidence that the appraisal was provided to the borrower.	01/10/2017
CD Finance Charge as $xx. Calculated Finance Charge is $xx.		Reviewer Comment (2017-01-04): Post Close CD and LOX to the borrower were provided. Refund not required as the Settlement statement from closing reflects accurate figures.		01/04/2017
Disclosure reflects a negative fee for (Title - Owners Title Ins $282.00) in Section (H). This is TRID non-compliant.		Reviewer Comment (2017-01-04): Letter of Explanation & Corrected Closing Disclosure was provided Reviewer Comment (2016-12-30): Seller rebuttal states that the negative OTP reflected on the CD is a result of how the Rule Requires the Lenders Title and Owners title policies to be disclosed on the LE and CD. Reg ID 3370 states that negative fee’s are not allowed to be disclosed on the borrower CD. The -282 in Section H should be reflected as a credit to the borrower from the settlement agent in the correct section of the CD rather than as a negative fee on page 2. A PCCD with an LOE to the borrower is required to cure.		01/04/2017
Disclosure reflects TIP of (66.721%) but calculated TIP is (66.732%).		Reviewer Comment (2017-01-04): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower. Reviewer Comment (2016-12-30): Seller rebuttal states the per-diem on this loan was paid by the seller, so only the interest payments over the life of loan are included: $404,537.53/ $606,308.00 = 66.721%. A PCCD and LOE to borrower would need to be provided to reflect this fee as seller paid.		01/04/2017
Seller CD Seller Paid Fees Total $xx < CD Calculated Closing Costs Subtotals Paid By Seller At Closing $xx.		Reviewer Comment (2017-01-04): Client Elects to waive. Reviewer Comment (2016-12-30): Seller provided post-close CD dated 11/02/2016, which has been previously provided.			01/04/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064285	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064285	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201064285	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201064285	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/09/2016
201064285	Credit	Credit	Misc	Credit Exception:
201064285	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201064285	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Phone is blank
201064286	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064286	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/02/2016
201064286	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2016-12-08): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/08/2016
		Reviewer Comment (2016-12-19): Compliance Report (Mavent) dated 10/25/16 has been provided.	12/19/2016
Final CD dated 10/25/2016 reflects $xx seller paid fees; Seller CD dated 10/25/2016 reflects $xx seller paid fees		Reviewer Comment (2017-01-02): Client elects to waive Reviewer Comment (2016-12-29): Seller provided LOE and Post-Close CD dated 12/20/2016 reflecting accurate seller fees of $xx, however some fees were disclosed in the wrong sections: a) The title fees (except owners) should be in section C; b) If the survey was required, it should be in section C, but if it wasn’t required it should be in H and reflect “(Optional)”; c) County Property Taxes if current taxes, this should be in section F, and if defaulted taxes, this should be reflected in the Summaries/Payoff section. Please provide LOE and Post-Close CD. Reviewer Comment (2016-12-22): Seller comments state that the CD was revised to include seller obligated fees that were on the seller CD but not included on the CD the borrower signed at closing. They believe they just need to push back and state they have added the seller fees to section H as those fees are NOT subject to tolerance. AMC reviewed this issue with outside counsel. Although the text within the regulation allows the exclusion of the consumers fees from the Sellers CD, there is not a corollary option to exclude the seller paid fees from page 2 of the consumers CD. In addition to the language within the regulation, the informal guidance provided by CFPB affirms this position. Of Note the current TRID proposed updates that were out for commentary reference the previously provided guidance from the April 12, 2016 webinar. 97. A recording of the webinar posted on a Web site by the Federal Reserve System (registration required) can be found on the Bureau’s Web site at http://www.consumerfinance.gov/policy-compliance/guidance/implementation-guidance/tila-respa-disclosure-rule/. The webinar is clear and restates the issue several times: although the consumer costs can be omitted from the sellers CD, there is no corollary allowance for the exclusion of the Seller paid costs from the consumer’s Closing Disclosure. If one opts to revisit the recorded webinar from April 12, 2016, see slide 25 at 43.01 through 46:50. (They also specifically address the requirement for the real estate commission fees paid by the seller as being required on the consumer’s closing disclosure.) The regulation is clear that the consumer paid fees can be omitted from the sellers disclosure, but there is not a reference to allow omission or exclusion of seller paid amounts from the consumers disclosure. In addition, since it unlikely the seller’s disclosure is provided to the consumer, Lacking the clear disclosure to the consumer of the seller paid fee amounts, the consumer would be unable to confirm compliance with the HOEPA points and fees threshold as well as the 3% tests for QM adherence. In the event the seller is providing a lump sum credit to the consumer that is not specific to certain fees or charges, we would expect to see the non-specified charges as paid by the consumer on page 2 of the CD. If the seller is paying specific fees, then the seller column was created to reflect those specific payments and to disclose those amounts to the consumer. Reviewer Comment (2016-12-19): PCCD dated 12/13/16, Proof of Delivery and LOE have been provided. The PCCD reflects additional seller fees, however the seller fee totals on the PCCD is $79550.21, while the seller CD reflects $75628.21.			01/02/2017
		Reviewer Comment (2017-01-02): Seller provided an LOX and Pay History.	01/02/2017
Missing HOI information verifying Name of Association or Management Company, Address, Contact information, Tax ID and information pretaining to amount and frequency of dues.		Reviewer Comment (2016-12-19): Lender provided statement dated 12/12/16 reflecting HOA data and that dues are current.	12/19/2016
PCCD dated 12/13/16 was provided to add seller paid fees (to section H). These deficiencies are reflected on this PCCD: a) The title fees (except owners) should be in section C; b) If the survey was required, it should be in section C, but if it wasn’t required it should be in H and reflect “(Optional)”; c) County Property Taxes if current taxes, this should be in section F, and if defaulted taxes, this should be reflected in the Summaries/Payoff section. Exception added upon receipt of 12/13/16 PCCD.		Reviewer Comment (2017-01-02): Seller provided the Corrected documentation for fees. Reviewer Comment (2016-12-29): Seller provided LOE and Post-Close CD dated 12/20/2016, however some fees were disclosed in the wrong sections: a) The title fees (except owners) should be in section C; b) If the survey was required, it should be in section C, but if it wasn’t required it should be in H and reflect “(Optional)”; c) County Property Taxes if current taxes, this should be in section F, and if defaulted taxes, this should be reflected in the Summaries/Payoff section.		01/02/2017
Missing phone number of HOA contact.		Reviewer Comment (2017-01-02): Seller provided the HOA information	01/02/2017
		Reviewer Comment (2016-12-06): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/06/2016
		Reviewer Comment (2017-01-04): Pay History and LOX were provided.	01/04/2017
		Reviewer Comment (2016-12-21): Letter of Explanation & Corrected Closing Disclosure provided to the borrower. Reviewer Comment (2016-12-09): The Seller CD was provided, however it is a Reg Z requirement that the seller paid fee’s be also reflected on the consumer CD. A Post Close CD and LOX to the borrower are required.		12/21/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064286	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
201064286	Credit	Loan Package Documentation	Application / Processing	Missing Document: AUS not provided
201064286	Credit	Credit	Misc	Credit Exception:
201064288	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064288	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/13/2016
201064288	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/10/18/2016)
201064288	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201064288	Compliance	Compliance	Federal Compliance	TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 3, 5, 7, 8, 9, 10 or DC)	Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used.
201064288	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201064288	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Fee Terminology and Order	TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on [MM/DD/YYYY] did not use the same fee terminology or did not list the fees in the same sequential order as the Loan Estimate. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
“Deposit” field is blank; Missing a numeric value.		Reviewer Comment (2016-12-09): The buyer did not make a deposit on the property per the Docs in file. the Blank and Zero are equal.	12/09/2016
Guidelines require the use of Fannie Mae Desktop Underwriter or Freddie Mac Loan Product Advisor for automated underwriting decisions on all loans. There was none located in the file.		Reviewer Comment (2016-12-09): Seller provided the DU with the required Approve/Ineligible status.	12/09/2016
File is missing evidence of monthly tax payment on departure residence that was retained by borrowers. Monthly mortgage statement shows the payment is not escrowed. Unable to determine actual monthly PITIA payment to consider in liabilities without this information.		Reviewer Comment (2016-12-21): Seller provided evidence that the Property was sold.	12/21/2016
		Reviewer Comment (2016-12-08): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/08/2016
		Reviewer Comment (2016-12-28): Pay History was provided as well as the LOX.	12/28/2016
		Reviewer Comment (2016-12-16): Seller provided proof delivery of appraisal report(s) sent to Borrower on 10/19/16.	12/16/2016
		Reviewer Comment (2016-12-08): The funding date is corrected to [MM/DD/YYYY] on the 11/03/2016 post funding Closing Disclosure.		12/08/2016
		Reviewer Comment (2016-12-20): Seller provided an LOX, Proof of delivery and re-opened Rescission using the correct form		12/20/2016
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Note: This is not corrected on the 11/03/2016 post closing CD.		Reviewer Comment (2016-12-28): Seller provided a PCCD with the Correct Closing date of [MM/DD/YYYY] and an LOX to the borrower with Corrections. Reviewer Comment (2016-12-20): The CD with an Issue date of [MM/DD/YYYY] still does not reflect the accurate closing date. The Closing date has to accurately reflect the Notary/consummation date of [MM/DD/YYYY].		12/28/2016
Title - Courier changed to Title - Courier/Delivery Fee, Title - Lender’s Title Insurance changed to Title - Lender’s Title Insurance Policy, Title - Rec Serv Fee changed to Title - Recording Service Fee, Title - Settlement or Closing changed to Title - Settlement/Closing/Escrow Fee.		Reviewer Comment (2016-12-16): Seller provided LOX. Naming convention terminology for fees were incidental. Borrower could clearly understand what fees were being charged.		12/16/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064292	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201064292	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201064292	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/10/25/2016)
201064292	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201064292	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201064292	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201064292	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201064292	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201064292	Compliance	Compliance	Federal Compliance	TRID - Zero Percent Fee Tolerance	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $xx exceeds tolerance of $xx. (7520)
201064292	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	___

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-08): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/08/2016
		Reviewer Comment (2016-12-18): Seller provided the LOX and income docs for the self employed borrower.	12/18/2016
		Reviewer Comment (2016-12-18): Seller provided the LOX and income docs for the self employed borrower.	12/18/2016
		Reviewer Comment (2016-12-18): Seller provided the LOX and income docs for the self employed borrower.	12/18/2016
		Reviewer Comment (2016-12-18): Seller provided the Esign agreement.	12/18/2016
		Reviewer Comment (2016-12-15): Seller provided a PCCD and LOX to the borrower with the correct consummation date.		12/15/2016
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-27): Client elects to waive. Reviewer Comment (2016-12-18): Seller provided the seller CD, however it is required per appendix Q that the consumer CD accurately reflect all fees associated with the Transaction.			12/27/2016
		Reviewer Comment (2016-12-18): Seller provided evidence that the toolkit was provided.	12/18/2016
$4.00 cure by lender appears on final CD.		Reviewer Comment (2016-12-08): Cured at close by lender		12/08/2016
		Reviewer Comment (2017-01-02): Client provided pay history and LOX	01/02/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201064292	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/10/25/2016)
201133225	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/15/2016
201133225	Compliance	Compliance	Miscellaneous Compliance	QM ATR Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/403314)
201133225	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Non QM.
201133225	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $400.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower. (7505)
201133225	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Change - Loan Amount	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in Loan Amount. (Final/[MM/DD/YYYY])
201133225	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] VVOE
201133234	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow - Reason	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY]6)
201133234	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/15/2016
201133234	Credit	Borrower and Mortgage Eligibility	Mortgage / Program Eligibility	Transaction Error: Outstanding liens were not paid at closing.	Date Issued: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The appraisal was provided to the borrower prior to the appraiser signature date.		Reviewer Comment (2017-01-02): Client elects to waive. Reviewer Comment (2016-12-29): Seller provided evidence appraisal was provided on 10/14/2016, prior to appraisal report date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with ECOA § 1002.14(a)(1). Please provide evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal was sent to the borrower.			01/02/2017
		Reviewer Comment (2017-01-06): Seller provided the Pay History and LOX.	01/06/2017
1.79 years on job, income was not used to qualify.		Reviewer Comment (2016-12-27): Income from [REDACTED] was not used for qualifying, therefore employment history is not required.	12/27/2016
		Reviewer Comment (2016-12-29): Seller provided evidence that the loan was reviewed as QM/ATR Safe Harbor.	12/29/2016
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2016-12-27): Cure of $xx was provided on the final CD.		12/27/2016
CD Final Loan Amount $xx <> CD Loan Estimate Loan Amount $xx and change as No.		Reviewer Comment (2017-01-05): The seller provided a copy of the post-close CD and LOE verifying the reason for the change. Reviewer Comment (2016-12-29): Seller provided LOE and Post-Close CD dated 12/27/2016 reflecting Loan Amount did change, however, LOE provided incorrectly addresses the change made. LOE states disbursement date was changed. This is not correct. Disbursement date is the same (no change required).		01/05/2017
Missing VVOE for previous employer.		Reviewer Comment (2017-01-05): Documentation provided regarding prior employment. Reviewer Comment (2016-12-27): Missing VOE for co-borrower’s prior employment to verify start and stop dates to ensure there were no gaps greater than 30 days.	01/05/2017
The field has not been completed on the final CD.		Reviewer Comment (2016-12-27): Seller provided a PCCD with the Corrected Escrow information on page 5		12/27/2016
Homeowner’s policy expires 12/01/2016. Additionally the first payment is due [MM/DD/YYYY], provide evidence of payment.		Reviewer Comment (2017-01-17): LOX and Pay History were Provided. First Payment due [MM/DD/YYYY]. Reviewer Comment (2017-01-05): Seller provided a copy of the hazard insurance renewal; however the payment history was not provided. The first payment was due [MM/DD/YYYY]. Condition remains	01/17/2017
Lender utilized the seller type form, therefore there was no section to capture the mortgages being paid off.		Reviewer Comment (2016-12-27): Seller provided evidence that the mortgage was paid off on a PCCD.	12/27/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133235	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201133235	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201133235	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $475.00 exceeds tolerance of $460.00. Insufficent or no cure was provided to the borrower. (7506)
201133235	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/01/2017
201133235	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201133235	Credit	Credit	Misc	Credit Exception:
201133236	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/09/23/2016)
201133236	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201133236	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201133236	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2016-12-27): Seller provided the evidence that the toolkit was provided to the borrower.	12/27/2016
		Reviewer Comment (2017-01-05): Seller provided a copy of the seller’s CD. Reviewer Comment (2016-12-30): Seller provided seller’s settlement statement however the Seller CD is required, Exception remains. Reviewer Comment (2016-12-27): Seller comment states that the Borrower CD reflects the seller paid fees and therefore a separate CD is not required. However it is required that the seller and the borrower receive a Sellers CD. Please provide the Seller CD provided to the seller at closing.	01/05/2017
Fee disclosed as ($xx) on (LE dated 09/12/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2016-12-19): Cure provided on final CD.		12/19/2016
		Reviewer Comment (2017-01-05): 1st payment [MM/DD/YYYY]; Purchase	01/05/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA		Reviewer Comment (2016-12-27): Seller provided the Complete HOA information.	12/27/2016
Missing Evidence that the note was delivered to the Custodian.		Reviewer Comment (2017-01-16): Evidence provided.	01/16/2017
Evidence of receipt not located in the file		Reviewer Comment (2016-12-27): Seller provided proof the borrower received a copy of the appraisal.	12/27/2016
		Reviewer Comment (2016-12-27): Seller provided a copy of the e-consent disclosure.	12/27/2016
Disbursement Date ([MM/DD/YYYY]) <= Trans Plus 3 ([MM/DD/YYYY]). The right to cancel eligible disbursement date is [MM/DD/YYYY].		Reviewer Comment (2017-01-05): Seller provided CD and change of circumstance disclosure provided to the borrower prior to disbursement correcting the closing date and disbursement date. Reviewer Comment (2016-12-30): Seller provided CD dated 10/24/16 with disbursement date corrected to [MM/DD/YYYY], however letter of explanation to borrower was not provided. Reviewer Comment (2016-12-30): Seller provided PCCD with corrected disbursement date to [MM/DD/YYYY], however letter of explanation to borrower was not provided.		01/05/2017
Closing Disclosure Issue Date([MM/DD/YYYY]) > Closing Date Less 6([MM/DD/YYYY]) AND ( Closing Disclosure Received Date(2016-10-25) IS NOT NULL AND Closing Disclosure 1) Note: Disclosure tracking page 240 shows an initial CD was issued 10/10/16. Initial CD not located in the file		Reviewer Comment (2016-12-27): Seller provided a copy of the initial CD dated 10/10/2016.	12/27/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133236	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201133236	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201133236	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/08/2016
201133236	Compliance	Compliance	Federal Compliance	Federal FACTA Disclosure Timing Test	FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score.
201133241	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/24/2016
201133241	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201133241	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201133241	Compliance	Compliance	Federal Compliance	TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date	Truth in Lending Act: Actual Date(s) on Notice of Right to Rescind occurs prior to expected date(s).
201133252	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133252	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for homeowner’s insurance under Prepaids. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Closing Disclosure Closing Date([MM/DD/YYYY]) <> Closing Date([MM/DD/YYYY]). Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-05): Seller provided CD and change of circumstance disclosure provided to the borrower prior to disbursement correcting the closing date and disbursement date. Reviewer Comment (2016-12-30): Seller provided CD dated 10/24/16 with closing date corrected to [MM/DD/YYYY], however letter of explanation to borrower was not provided.		01/05/2017
( Closing Disclosure Reserves Homeowners Insurance Monthly Amount(59.12) > 0 AND ( Fee 8500(718.05) < ( Closing Disclosure Homeowners Insurance Premium Test(709.44) - ( Closing Disclosure Prepaid Homeowners Insurance Premium Months(12.00000) * 0.02 ) ) OR Fee 8500(718.05) > ( Closing Disclosure Homeowners Insurance Premium Test(709.44) + ( Closing Disclosure Prepaid Homeowners Insurance Premium Months(12.00000) * 0.02) ) ) )		Reviewer Comment (2016-12-27): The $8.59 difference was due to the outstanding balance due from the prior policy. The annual premium of $709.46 was confirmed on the declarations page in the file. Condition cleared	12/27/2016
Hazard does not expire within 30 days of purchase.		Reviewer Comment (2017-01-17): Pay History and LOX received. First payment [MM/DD/YYYY] has been paid as required. Reviewer Comment (2017-01-10): Seller provided same documentation that was previously provided and reviewed on 1/5/2017. Reviewer Comment (2017-01-05): Pay history for the 12/01/2016 was provided. Conditions still remain open.	01/17/2017
		Reviewer Comment (2017-01-17): Fact Disclosure was provided by the seller. Reviewer Comment (2017-01-10): Seller provided same documentation that was previously provided and reviewed on 1/5/17. Reviewer Comment (2017-01-05): The FACTA disclosure was not provided a copy of the original credit report dated 08/02/2016 was provided again but did not contain the FACTA disclosure. Condition remains Reviewer Comment (2016-12-27): Seller provided an additional copy of the original credit report and the updated credit report. The FACTA Disclosure disclosed with the original credit report 08//02/2016 was not provided. Condition remains	01/17/2017
		Reviewer Comment (2017-01-05): Pay History Not required due to First payment due on [MM/DD/YYYY].	01/05/2017
Disclosure does not reflect an amount for Closing Costs Financed, but this should be ($xx)		Reviewer Comment (2016-12-27): The seller provided a post-close CD reflecting the amount of Closing Costs Financed.		12/27/2016
		Reviewer Comment (2016-12-27): The final and post-close CD disclosed the correct disbursement date.	12/27/2016
		Reviewer Comment (2016-12-27): The final and post-close CD disclosed the correct disbursement date.	12/27/2016
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-15): Evidence of Delivery was provided.	12/15/2016
Section did not designate number of months prepaid.		Reviewer Comment (2016-12-15): Seller provided a PCCD and LOX to the borrower reflecting the number of months in the prepaids section.		12/15/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133252	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/22/2016
201133254	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133254	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/18/2016
201133254	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $64.18 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower. (7520)
201133254	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201133254	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201133255	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133255	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201133255	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201133255	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Extension Fee. Fee Amount of $xx exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower. (7349)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-06): Seller provided the pay History and LOX.	01/06/2017
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-19): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/19/2016
		Reviewer Comment (2017-01-02): Not requried. First Payment due [MM/DD/YYYY]	01/02/2017
Lender credit was issued on the final CD in the dollar amount of xx for the under disclosure of the credit report. An additional cure is not required.		Reviewer Comment (2016-12-13): Cure was provided at closing		12/13/2016
		Reviewer Comment (2017-01-02): Seller provided the PCCD, LOX and disbursement statement as evidence of disbursement. Reviewer Comment (2016-12-23): Seller provided letter of explanation to the borrower dated 11/03/2016. Post-close CD is dated 11/28/2016. LOE with correct date and proof that the refund of $xx was sent to the borrower was not provided. Exception remains. Reviewer Comment (2016-12-19): The seller provided a post-close CD dated 11/28/2016 with the correct closing and disbursement dates. However, the fees and payoffs were also updated on the post-close CD. A letter of explanation for the post-close CD and proof the refund of $xx was sent to the borrower was not provided. Condition remains		01/02/2017
		Reviewer Comment (2016-12-19): The seller provided a post-close CD dated 11/28/2016 with the correct closing and disbursement dates.		12/19/2016
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-14): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/14/2016
Per the homeowner’s insurance policy in file, the annual insurance premium is $731.16. Section F of the final CD reflects the 12 months of homeowner’s insurance premium was $728.20.		Reviewer Comment (2016-12-29): Seller provided LOE and Post-Close CD dated 12/27/2016 reflecting correct amount of $731.16 for homeowner’s insurance under Prepaids.		12/29/2016
TRID non-compliant. Seller paid fees on Sellers Closing Disclosure are not consistent with those reflected on the Borrowers Final Closing Disclosure. Sellers CD reflects $xx in seller paid fees. Combined CD disclosed $xx in seller paid fees. Per Reg Z the seller fees are required to be reflected on the seller CD and the borrower CD regardless of where there is a separate seller CD in the file.		Reviewer Comment (2017-01-02): Client elects to waive. Reviewer Comment (2016-12-29): Seller provided LOE and Post-Close CD dated 12/27/2016 reflecting accurate seller paid fees of $xx, however borrower fees were also updated on the Post-Close CD. Proof the refund of $xx was sent to the borrower is required (copy of check, proof of delivery).			01/02/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2016-12-14): The cure was provided on the final CD.		12/14/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133255	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $750.00 exceeds tolerance of $650.00. Sufficient or excess cure was provided to the borrower. (7506)
201133255	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/22/2016
201133259	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133259	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/05/2016
201133259	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201133259	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201133260	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133260	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/19/2016
201133260	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201133260	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as $xx on LE, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2016-12-14): The cure was provided on the final CD.		12/14/2016
		Reviewer Comment (2017-01-02): First Payment [MM/DD/YYYY].	01/02/2017
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2016-12-15): Evidence Provided.	12/15/2016
		Reviewer Comment (2017-01-13): Seller provided an acceptable payment/disbursement history.	01/13/2017
The sellers CD has not been provided in the loan documents.		Reviewer Comment (2016-12-15): Seller provided the sellers CD.	12/15/2016
HOA address, tax ID, contact information has not been provided in the loan documents.		Reviewer Comment (2017-01-13): Seller provided all HOA information.	01/13/2017
		Reviewer Comment (2016-12-19): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/19/2016
		Reviewer Comment (2017-01-02): Not required. First Payment due [MM/DD/YYYY]	01/02/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-02): Post Close CD and evidence of disbursement as proof refund is not required was provided. LOX and delivery to borrower provided Reviewer Comment (2016-12-19): The seller provided a copy of the post-close CD dated 12/01/2016 correcting the closing date and the disbursement date; however the post-close CD also reduced the fees and increased the cash to the borrower by $xx. Provide proof of the refund sent to the borrower for the difference. Condition remains		01/02/2017
		Reviewer Comment (2017-01-02): Post Close CD and evidence of disbursement as proof refund is not required was provided. LOX and delivery to borrower provided Reviewer Comment (2016-12-19): The seller provided a copy of the post-close CD dated 12/01/2016 correcting the closing date and the disbursement date; however the post-close CD also reduced the fees and increased the cash to the borrower by $xx. Provide proof of the refund sent to the borrower for the difference. Condition remains		01/02/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133267	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133267	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/10/2016
201133267	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow Account	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
201133267	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201133267	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $xx exceeds tolerance of $xx. Insufficent or no cure was provided to the borrower. (7520)
201133267	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,812.00 exceeds tolerance of $1,562.00 plus 10% or $1,718.20. Insufficient or no cure was provided to the borrower. (0)
201133267	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Have Escrow - Escrowed Property Costs Year 1	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Escrowed Property Costs over Year 1. (Final/[MM/DD/YYYY])
201133267	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Have Escrow - Monthly Escrow Payment	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Monthly Escrow Payment. (Final/[MM/DD/YYYY])
201133267	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Have Escrow Account	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
201133269	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-23): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/23/2017
		Reviewer Comment (2017-01-25): Seller provided an acceptable payment/disbursement history.	01/25/2017
Disclosure reflects there will be an escrow account on page 4, however there were no fees reflected in Section G.		Reviewer Comment (2017-01-08): Seller provided letter of explanation and corrected PCCD. Reviewer Comment (2016-12-28): Seller provided corrected Post-Close CD dated 12/22/2016 reflecting transaction will not have an escrow account, however there is no LOE. Please provide the LOE to the borrower that was sent with the Post-Close CD.		01/08/2017
Cure for various 0% and 10% tolerance violations ($97.04) was not provided.		Reviewer Comment (2017-01-24): Seller provided a Letter of Explanation & Corrected PCCD dated 1/20/16 with a Copy of the Refund Check. Reviewer Comment (2017-01-08): Seller provided PCCD dated 12/22/16 reflecting a $3.00 credit for increase, however this is insufficient to cure violation of $97.04. Please provide a corrected CD with cure of $xx with a copy of refund check to borrower.		01/24/2017
Fee disclosed as ($26.00) on (LE dated 09/30/16), but disclosed as ($29.24) on Final Closing Disclosure.		Reviewer Comment (2017-01-24): Seller provided a Letter of Explanation & Corrected PCCD dated 1/20/16 with a Copy of the Refund Check. Reviewer Comment (2017-01-08): Seller provided PCCD dated 12/22/16 reflecting a $3.00 credit for increase, however this is insufficient to cure violation of $97.04. Please provide a corrected CD with cure of $xx with a copy of refund check to borrower.		01/24/2017
($93.80) violation due to increase in (Title - Settlement fee(s)). No evidence of cure.		Reviewer Comment (2017-01-24): Seller provided a Letter of Explanation & Corrected PCCD dated 1/20/16 with a Copy of the Refund Check. Reviewer Comment (2017-01-08): Seller provided PCCD dated 12/22/16 reflecting a $3.00 credit for increase, however this is insufficient to cure violation of $97.04. Please provide a corrected CD with cure of $xx with a copy of refund check to borrower.		01/24/2017
Escrowed Property Costs over Year 1 is blank.		Reviewer Comment (2017-01-08): Seller provided a letter of explanation and corrected PCCD. Reviewer Comment (2016-12-28): Seller provided corrected Post-Close CD dated 12/22/2016 reflecting transaction will not have an escrow account, however there is no LOE. Please provide the LOE to the borrower that was sent with the Post-Close CD.		01/08/2017
Disclosure reflects there will be an escrow account on page 4, however Monthly Escrow Payment is $0.00.		Reviewer Comment (2017-01-08): Seller provided a letter of explanation and corrected PCCD. Reviewer Comment (2016-12-28): Seller provided corrected Post-Close CD dated 12/22/2016 reflecting transaction will not have an escrow account, however there is no LOE. Please provide the LOE to the borrower that was sent with the Post-Close CD.		01/08/2017
Disclosure reflects there will be an escrow account on page 4, however there were no fees reflected in Section G.		Reviewer Comment (2017-01-08): Seller provided a letter of explanation and corrected PCCD. Reviewer Comment (2016-12-28): Seller provided corrected Post-Close CD dated 12/22/2016 reflecting transaction will not have an escrow account, however there is no LOE. Please provide the LOE to the borrower that was sent with the Post-Close CD.		01/08/2017
		Reviewer Comment (2016-12-19): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/19/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133269	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/22/2016
201133269	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201133269	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for homeowner’s insurance under Prepaids. (Final/[MM/DD/YYYY])
201133269	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Cash From To Borrower	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Amount of Cash to Close that does not match the Final value of Cash to Close in the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201133269	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $66.44 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower. (7520)
201133269	Compliance	Compliance	Federal Compliance	TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date	Truth in Lending Act: Actual Date(s) on Notice of Right to Rescind occurs prior to expected date(s).
201133282	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133282	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201133282	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201133282	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/03/2016

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-02): Not required due to first payment due on [MM/DD/YYYY].	01/02/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2016-12-27): A copy of the explanation letter and post-close CD sent to the borrower was provided. Reviewer Comment (2016-12-19): A post-close CD was sent to the borrower with an issue date of [MM/DD/YYYY] correcting the closing date; however a copy of the letter of explanation sent to the borrower disclosing the reason for the post-close CD was not provided. Condition remains		12/27/2016
Line 1 of Section F, number of months is blank.		Reviewer Comment (2016-12-27): A copy of the explanation letter and post-close CD sent to the borrower was provided. Reviewer Comment (2016-12-19): A post-close CD was sent to the borrower with an issue date of [MM/DD/YYYY] correcting the number of months of insurance was added; however a copy of the letter of explanation sent to the borrower disclosing the reason for the post-close CD was not provided. Condition remains		12/27/2016
On page three, Calculation Cash to Close reflects ($3218.42), however Summaries reflects ($3226.17).		Reviewer Comment (2017-01-02): PCCD and LOX to the borrower was provided Reviewer Comment (2016-12-19): A post-close CD was sent to the borrower with an issue date of [MM/DD/YYYY] correcting the summary of transactions; however a copy of the letter of explanation sent to the borrower disclosing the reason for the post-close CD was not provided. Condition remains		01/02/2017
Fee disclosed as ($xx) on (LE dated 09/15/16, but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2016-12-19): The cure of $xx was provided on the final CD.		12/19/2016
		Reviewer Comment (2016-12-27): A copy of the explanation letter and post-close CD sent to the borrower was provided. Reviewer Comment (2016-12-19): A post-close CD was sent to the borrower with an issue date of [MM/DD/YYYY]. The post-close CD disclosed a disbursement date of [MM/DD/YYYY], which was not after the right to rescind expiration date of [MM/DD/YYYY]. The expected disbursement date is [MM/DD/YYYY] or later. Condition remains		12/27/2016
		Reviewer Comment (2016-12-14): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/14/2016
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2016-12-19): Seller provided the PCCD and LOX to the borrower reflecting the correct Closing date.		12/19/2016
		Reviewer Comment (2016-12-19): Seller provided the Seller disclosure.	12/19/2016
		Reviewer Comment (2016-12-19): LOX provided. Pay History not required as the conditions were cleared <45 days from Consummation.	12/19/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133286	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133286	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/19/2016
201133286	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/11/01/2016)
201133286	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201133286	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $54.00 exceeds tolerance of $40.00. Sufficient or excess cure was provided to the borrower. (7520)
201133291	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133291	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/19/2016
201133291	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201133291	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201133291	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $33.19 exceeds tolerance of $27.00. Insufficent or no cure was provided to the borrower. (7520)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2016-12-15): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/15/2016
		Reviewer Comment (2017-01-02): LOX and Pay History was provided	01/02/2017
		Reviewer Comment (2016-12-23): Seller provided evidence that the borrower received the CD on [MM/DD/YYYY], 3 business days prior to closing.	12/23/2016
Fees disclosed on the Seller’s Closing Disclosure of $xx are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx.		Reviewer Comment (2017-01-02): Client elects to waive. Reviewer Comment (2016-12-27): Post-Close CD dated 12/20/2016 has been provided which reflects the accurate seller paid fees of $xx. In addition, cash from borrower was also updated on the post-close CD reflecting a cash to borrower instead of $51. LOE to borrower for changes on the Post-Close CD and proof the refund of $51 was sent to the borrower was not provided. Exception remains.			01/02/2017
Fee disclosed as $xx on LE dated 10/03/2016, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2016-12-23): A $xx tolerance cure was issued at closing, which is sufficient to cure the entire tolerance violation amount.		12/23/2016
		Reviewer Comment (2016-12-23): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/23/2016
		Reviewer Comment (2017-01-04): 1st payment [MM/DD/YYYY]; insurance does not expire within 30 days	01/04/2017
Disclosure does not reflect an amount for Closing Costs Financed, but this should be ($xx)		Reviewer Comment (2017-01-04): Seller provided a copy of the post-close CD and letter sent to the borrower adding the closing costs financed, Reviewer Comment (2016-12-23): Seller provided post-close CD dated 11/10/2016. The post-close CD does not reflect an amount for Closing Costs Financed. Exception remains.		01/04/2017
Cure for (Credit Report fee) of ($xx) was not provided. Post consummation CD dated 11/10/2016 reflects a sufficient cure amount of $xx; however, refund check and evidence of delivery were not found in the file.		Reviewer Comment (2017-01-02): Post Close CD, LOX proof of refund and delivery were provided Reviewer Comment (2016-12-23): Exception remains. Refund check and evidence of delivery were not found in the file.		01/02/2017
Fee disclosed as ($xx) on (LE dated 09/27/16), but disclosed as ($xx) on Final Closing Disclosure. Post consummation CD dated 11/10/2016 reflects a sufficient cure amount of $xx; however, refund check and evidence of delivery were not found in the file.		Reviewer Comment (2017-01-02): Post Close CD, LOX proof of refund and delivery were provided Reviewer Comment (2016-12-23): Exception remains. Refund check and evidence of delivery were not found in the file.		01/02/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133291	Credit	Credit	Misc	Credit Exception:
201133305	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133305	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/10/25/2016)
201133305	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201133305	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201133305	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201133305	Credit	Credit	Misc	Credit Exception:
201133305	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/20/2016
201133308	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133308	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Property is part of a HOA - Missing Association or Management Company contact email address.		Reviewer Comment (2016-12-23): Seller provided HOA contact email address.	12/23/2016
		Reviewer Comment (2016-12-19): Evidence of delivery was provided.	12/19/2016
The file did not contain proof the borrower received a copy of the appraisal prior to 3 business days before closing.		Reviewer Comment (2016-12-19): Seller provided proof of delivery.	12/19/2016
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2016-12-19): Letter of Explanation & Corrected Closing Disclosure was provided.		12/19/2016
Disclosure does not reflect an amount for Closing Costs Financed, but this should be ($xx)		Reviewer Comment (2017-01-05): A post-close CD and LOX was provided corrected the closing costs financed. Reviewer Comment (2017-01-02): Total financed should reflect xx. Please provide a PCCD and LOX to the borrower reflecting. Reviewer Comment (2016-12-27): Seller provided same Post-Close CD. Exception remains. Reviewer Comment (2016-12-19): Seller provided a PCCD and LOX to the borrower with an updated CC Financed figure, however the Calculated CC financed is 9,572.38 and the PCCD reflects 7,104.77. A Difference of 2,467.61.		01/05/2017
Disbursement date of [MM/DD/YYYY] reflected on Final CD is same as Right to Cancel Expiration date of [MM/DD/YYYY].		Reviewer Comment (2016-12-15): Data was corrected on post close CD (SFIG).		12/15/2016
Property is part of a HOA - Missing Tax ID number for Association or Management Company.		Reviewer Comment (2016-12-19): Seller provided the complete HOA information.	12/19/2016
		Reviewer Comment (2017-01-05): 1st payment due [MM/DD/YYYY]; insurance does not expire within 30 days	01/05/2017
		Reviewer Comment (2017-01-03): Provided.	01/03/2017
		Reviewer Comment (2016-12-27): Seller provided Mavent compliance report.	12/27/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	UTD	Safe Harbor QM	No
C	A	C	A	C	A	A	A	UTD	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133308	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/25/2016
201133308	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201133308	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Safe Harbor QM.
201133315	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133315	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201133315	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201133315	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201133315	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $925.00 exceeds tolerance of $750.00. Sufficient or excess cure was provided to the borrower. (7506)
201133317	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201133317	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-03): Not required.	01/03/2017
		Reviewer Comment (2016-12-27): Seller provided Esign consent agreement.	12/27/2016
The file did not contain proof of the lender’s QM Loan Designation.		Reviewer Comment (2016-12-27): Seller provided evidence that the loan was reviewed as QM/ATR Safe Harbor.	12/27/2016
		Reviewer Comment (2016-12-16): Evidence of delivery was provided.	12/16/2016
		Reviewer Comment (2016-12-29): Pay History and LOX were provided.	12/29/2016
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $-0-.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-27): Client elects to Waive. Reviewer Comment (2016-12-27): Per Reg Z the borrower CD is to reflect all seller fees related to the transaction. Provide Post-Close CD and LOE to the borrower reflecting all seller fees affiliated with the transaction .			12/27/2016
Evidence of receipt of the Home loan toolkit has not been provided in the loan documents.		Reviewer Comment (2016-12-27): Seller provided evidence that the Home Loan Toolkit was provided to the borrower on 9/28/2016.	12/27/2016
Exceeded the Legal limit by $175.		Reviewer Comment (2016-12-16): Erroneous exception: lender credit in the amount of $175.00 was disclosed on the final CD to cure the under disclosure of the appraisal fee.		12/16/2016
		Reviewer Comment (2016-12-16): Evidence of delivery was provided.	12/16/2016
Original Note endorsed in blank and signed by an authorized officer must be received and approved by the custodian at least two days prior to funding. Provide the overnight tracking number as confirmation that the documents have been shipped.		Reviewer Comment (2017-01-08): Duplicate	01/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	UTD	Safe Harbor QM	No
C	A	C	A	C	A	A	A	UTD	Safe Harbor QM	No
C	A	C	A	C	A	A	A	UTD	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133317	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/24/2016
201133323	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201133323	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/22/2016
201133323	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201133324	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201133324	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/16/2016
201133326	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/25/2016
201133326	Compliance	Compliance	Federal Compliance	TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 3, 5, 7, 8, 9, 10 or DC)	Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used.
201133328	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/06/2016
201133328	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-08): first Payment due [MM/DD/YYYY].	01/08/2017
		Reviewer Comment (2017-01-04): Seller provided Drive Scoring fraud report reflecting a pass score.	01/04/2017
		Reviewer Comment (2017-01-06): LOX and Pay History were provided.	01/06/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA		Reviewer Comment (2017-01-06): Seller provided the full and complete HOA information. Reviewer Comment (2017-01-04): Seller provided HOA information, however, missing HOA contact name and phone number. Please provide.	01/06/2017
Monthly amount reflects $xx, however prepaid homeowner’s insurance reflects $1451.52, should be $1380.96.		Reviewer Comment (2016-12-29): Seller provided LOE and Post-Close CD dated 12/21/2016 reflecting correct amount for homeowner’s insurance of $1,380.96.		12/29/2016
		Reviewer Comment (2016-12-29): Seller provided payment history. Hazard policy does not expire within 30 days of closing.	12/29/2016
		Reviewer Comment (2016-12-29): First Payment due [MM/DD/YYYY]	12/29/2016
		Reviewer Comment (2016-12-29): Client elects to waive.			12/29/2016
		Reviewer Comment (2017-01-02): Seller provided the Pay History and LOX.	01/02/2017
Final Closing Disclosure reflected a settlement date of [MM/DD/YYYY] and the actual consummation date was [MM/DD/YYYY]. The post close CD issued on 11/16 disclosed the corrected closing date of [MM/DD/YYYY] and an additional lender credit for the under disclosure, however, evidence of a refund to the borrower has not been provided.		Reviewer Comment (2016-12-28): Seller provided LOE and Post-Close CD dated 12/21/2016 reflecting correct consummation date of [MM/DD/YYYY]. Seller also provided proof of tolerance cure including copy of check, LOE to borrower, revised Post-Close CD.		12/28/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Rate/Term
3	C	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133328	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $579.00 exceeds tolerance of $454.00. Insufficent or no cure was provided to the borrower. (7506)
201133328	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $38.93 exceeds tolerance of $27.00. Insufficent or no cure was provided to the borrower. (7520)
201133328	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201133328	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201133328	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201133329	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/18/2016
201133329	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201133345	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201133345	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/24/2016
201133345	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee Amount of $579.00 exceeds the amount previously disclosed of $454.00. The post close CD issued on 11/16 disclosed an additional lender credit for the under disclosure, however, evidence of a refund to the borrower has not been provided.		Reviewer Comment (2017-01-02): PCCD and LOX to the borrower were provided along with evidence of refund and delivery. Reviewer Comment (2016-12-28): Seller provided proof of tolerance cure including copy of check, LOE to borrower, and revised Post-Close CD. Please provide proof of delivery to the borrower.		01/02/2017
Fee Amount of $38.93 exceeds the previously disclosed fee of $27.00. The post close CD issued on 11/16 disclosed an additional lender credit for the under disclosure, however, evidence of a refund to the borrower has not been provided.		Reviewer Comment (2017-01-02): PCCD and LOX to the borrower were provided along with evidence of refund and delivery. Reviewer Comment (2016-12-28): Seller provided proof of tolerance cure including copy of check, LOE to borrower, and revised Post-Close CD. Please provide proof of delivery to the borrower.		01/02/2017
Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY]. The disbursement date should be [MM/DD/YYYY].		Reviewer Comment (2016-12-28): Seller provided LOE and Post-Close CD dated 12/21/2016 with dates corrected.		12/28/2016
The field has been left blank on the initial, final and post close CD.		Reviewer Comment (2016-12-28): Seller provided LOE and Post-Close CD dated 12/21/2016 with correct amount of closing costs financed.		12/28/2016
The field has been left blank on the final CD.		Reviewer Comment (2016-12-28): Seller provided LOE and Post-Close CD dated 12/21/2016 with cure amount.		12/28/2016
		Reviewer Comment (2016-12-29): First Payment due [MM/DD/YYYY].	12/29/2016
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2016-12-29): Client elects to waive.			12/29/2016
Minimum coverage amount is loan amount, or $xx. Actual coverage amount is $xx. $xx shortfall.		Reviewer Comment (2017-01-02): Seller provided the Cost Estimator for the subject property providing evidence of coverage.	01/02/2017
		Reviewer Comment (2017-01-05): 1st payment [MM/DD/YYYY]; Purchase	01/05/2017
“Deposit” field in Summaries of Transactions is blank, rather than reflecting a numeric value (such as $0.00).		Reviewer Comment (2016-12-28): Seller provided LOE and Post-Close CD dated 12/22/2016 reflecting correct deposit amount.		12/28/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133345	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201133345	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/11/04/2016)
201133345	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201133349	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/16/2016
201133349	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201133349	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/10/31/2016)
201133349	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide “Right to Receive a Copy” appraisal disclosure to applicant within three (3) business days of application or determination of first lien status.
201133349	Compliance	Compliance	Federal Compliance	(Missing Data) Last Rate Set Date	Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.
201133349	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201133349	Compliance	Compliance	Federal Compliance	(Missing Data) QM Test Data Missing - Last Rate Set Date	Qualified Mortgage (Dodd-Frank 2014): Last Date Rate Set not provided. Testing will use worst-case (lowest) APOR in the period between Creditor Application Date and Transaction Date.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-02): Seller provided a PCCD that is dated 12212016. This is the seller CD. Reviewer Comment (2016-12-28): Seller provided a post-close Seller CD dated 12/21/2016 reflecting seller paid fees of $xx, however, it is not executed. Borrower’s final CD reflects seller paid fees of $xx. Reg Z requires that the consumer CD reflect all seller paid fees related to the transaction. Please provide LOE, Post-Close CD to the borrower reflecting the seller paid fees, and executed Seller CD.		01/02/2017
Appraisal acknowledgements in file are signed/dated as of [MM/DD/YYYY], while appraisal effective date is [MM/DD/YYYY] and appraisal report date is [MM/DD/YYYY].		Reviewer Comment (2017-01-02): Seller provided the detail of the changes on the appraisal as well as evidence of delivery to the borrower. Reviewer Comment (2016-12-28): Seller comments that there was a revision done to the appraisal and that changed the date of the appraisal. File contains evidence appraisal was provided on 10/19/2016, prior to appraisal report date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with § 1002.14(a)(1). Exception remains.	01/02/2017
Seller provided LOE and Post-Close CD dated 12/22/2016. Fees and other adjustments were updated on the Post-Close CD which reflects borrower receiving cash to close of $xx. A LOE for the changes and proof the refund of $xx was sent to the borrower is required. Exception added 12/28/2016 after review of Post-Close CD.		Reviewer Comment (2017-01-05): The post-close CD dated 12/22/2016 matched the settlement statement completed by the title company and a refund is not due to the borrower.	01/05/2017
		Reviewer Comment (2017-01-11): First due date [MM/DD/YYYY].	01/11/2017
Missing P&L and signed tax returns.		Reviewer Comment (2016-12-28): Seller provided signed and dated P&L, balance sheet, personal and business tax returns.	12/28/2016
Valuation Received Date [MM/DD/YYYY] > Note Less 3 days [MM/DD/YYYY].		Reviewer Comment (2017-01-11): Client elects to waive. Reviewer Comment (2016-12-28): Seller provided evidence the appraisal was provided to the borrower on 10/18/2016, prior to appraisal report date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with § 1002.14(a)(1). Exception remains.			01/11/2017
Right To Receive Copy Of Appraisal Disclosure Provided Date [MM/DD/YYYY] > App Plus 3 days [MM/DD/YYYY].		Reviewer Comment (2016-12-28): Seller provided evidence appraisal disclosure was provided on 9/26/2016.	12/28/2016
		Reviewer Comment (2016-12-28): Seller provided evidence rate was locked on 10/24/2016.	12/28/2016
		Reviewer Comment (2016-12-28): Seller provided signed and dated P&L, balance sheet, personal and business tax returns.	12/28/2016
		Reviewer Comment (2016-12-28): Seller provided evidence rate was locked on 10/24/2016.	12/28/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133349	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201133349	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201133349	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201133349	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Change - Total Payoffs	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Total Payoffs and Payments. (Final/[MM/DD/YYYY])
201133349	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $744.28 exceeds tolerance of $637.00 plus 10% or $700.70. Insufficient or no cure was provided to the borrower. (0)
201133349	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $765.00 exceeds tolerance of $650.00. Insufficent or no cure was provided to the borrower. (7506)
201133349	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Electronic Document Delivery Fee. Fee Amount of $4.38 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75188)
201133349	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender’s Title Insurance. Fee Amount of $868.34 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7567)
201133349	Credit	Loan Package Documentation	Application / Processing	Missing Document: HOA Questionnaire not provided
201133349	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
CD Closing Date 11/01/2016 <> Closing Date [MM/DD/YYYY].		Reviewer Comment (2016-12-28): Seller provided LOE and Post-Close CD to the borrower with the corrected consummation date of [MM/DD/YYYY].		12/28/2016
Finance Charge $503,768.91 > CD Finance Charge $500,391.42.		Reviewer Comment (2016-12-28): Seller provided proof of tolerance cure including copy of check, LOE to borrower, revised Post-Close CD dated 12/21/2016 and proof of delivery.		12/28/2016
No dollar amount was disclosed on the Final CD.		Reviewer Comment (2016-12-28): Seller provided LOE and Post-Close CD to the borrower reflecting correct dollar amount.		12/28/2016
CD Final Total Payoffs -$xx <> CD Loan Estimate Total Payoffs -$681,188.00 and CD change No.		Reviewer Comment (2016-12-28): Seller provided LOE and Post-Close CD dated 12/21/2016 showing there was a change in the Total Payoffs and Payments.		12/28/2016
($107.28) violation due to increase in (credit report fee). No evidence of cure.		Reviewer Comment (2016-12-28): Seller provided proof of tolerance cure including copy of check, LOE to borrower, revised Post-Close CD dated 12/21/2016 and proof of delivery.		12/28/2016
Fee disclosed as ($xx) on (LE dated 09/26/2016), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2016-12-28): Seller provided proof of tolerance cure including copy of check, LOE to borrower, revised Post-Close CD dated 12/21/2016 and proof of delivery.		12/28/2016
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2016-12-28): Seller provided proof of tolerance cure including copy of check, LOE to borrower, revised Post-Close CD dated 12/21/2016 and proof of delivery.		12/28/2016
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2016-12-28): Seller provided proof of tolerance cure including copy of check, LOE to borrower, revised Post-Close CD dated 12/21/2016 and proof of delivery.		12/28/2016
		Reviewer Comment (2017-01-05): The seller provided all of the required HOA information. Reviewer Comment (2017-01-02): Seller provided the 1008 with HOA information, however the physical address is still missing and is required per guidelines.	01/05/2017
Seller provided a Post-Close CD dated 12/21/2016 reflecting fees and payoffs updated. An updated LOE for the changes and proof the refund of $xx was sent to the borrower is required. Exception added 12/28/2016 after review of Post-Close CD.		Reviewer Comment (2017-01-05): Seller provided a copy of the settlement statement from the title company verifying the payoffs were reduced prior to funding and the post-close CD is accurate.	01/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133349	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/10/31/2016)
201133357	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/11/09/2016)
201133357	Compliance	Compliance	Federal Compliance	FACTA Disclosure Missing	FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure.
201133357	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201133357	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201133357	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201133357	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201133357	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $178.00 exceeds tolerance of $150.00 plus 10% or $165.00. Insufficient or no cure was provided to the borrower. (0)
201133357	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Water Testing Fee. Fee Amount of $50.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7576)
201133357	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $65.00 exceeds tolerance of $50.00. Insufficent or no cure was provided to the borrower. (8304)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-11): Document provided.	01/11/2017
		Reviewer Comment (2017-01-16): Seller provided evidence that the appraisal was sent to the borrower. Reviewer Comment (2017-01-11): Seller provided evidence of the changes made, however verification of when the revised appraisal was sent to the borrower was not provided. Reviewer Comment (2017-01-03): Seller provided evidence that the appraisal was provided on 11/04/2016, which is prior to appraisal report date of [MM/DD/YYYY]. Please provide evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal was sent to the borrower. Exception remains. Reviewer Comment (2016-12-27): Seller provided the Edisclosure tracking indicating that the appraisal was provided on 11/04/2016, which is prior to appraisal report date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with § 1002.14(a)(1). Exception remains.	01/16/2017
		Reviewer Comment (2017-01-03): Seller provided evidence FACTA Credit Score Disclosure was provided to the borrower on 9/24/2016. Reviewer Comment (2016-12-27): Seller provided credit report. Missing FACTA Credit Score Disclosure. Exception remains.	01/03/2017
		Reviewer Comment (2016-12-27): Seller provided Esign consent agreement.	12/27/2016
Cure of $xx was reflected, which is insufficient to cure $78.00 total tolerance violation. $xx short of required tolerance refund.		Reviewer Comment (2017-01-11): Seller provided a copy of the refund check and tracking information. Reviewer Comment (2017-01-03): Seller provided LOE and Post-close CD dated 12/28/2016 reflecting cure of $xx, however copy of refund check and proof of delivery not provided. Please provide copy of refund check for under disclosed difference of $15 and proof of delivery to the borrower.		01/11/2017
		Reviewer Comment (2016-12-27): Seller provided evidence that the Home Loan Toolkit was provided to the borrower on 10/12/2016.	12/27/2016
Total seller paid fees on Sellers Disclosure was $xx including commissions paid, the Final Closing Disclosure disclosed total seller paid fees of $xx.		Reviewer Comment (2017-01-03): Seller provided LOE to the borrower and Post-Close CD dated 12/28/2016. Post-Close CD reflects the accurate seller paid fees of $xx.		01/03/2017
$xx violation due to increase in Recording Fees. While a cure of $xx was provided, it is not sufficient to cure the total tolerance violation (0% and 10% fees) of $78.00.		Reviewer Comment (2017-01-11): Seller provided a copy of the refund check and tracking information. Reviewer Comment (2017-01-03): Seller provided LOE and Post-close CD dated 12/28/2016 reflecting cure of $xx, however copy of refund check and proof of delivery not provided. Please provide copy of refund check for under disclosed difference of $15 and proof of delivery to the borrower.		01/11/2017
Fee was not disclosed on Loan Estimate. $xx tolerance cure was provided, but is insufficient to cure entire tolerance violation (0% and 10%) of $78.00.		Reviewer Comment (2017-01-11): Seller provided a copy of the refund check and tracking information. Reviewer Comment (2017-01-03): Seller provided LOE and Post-close CD dated 12/28/2016 reflecting cure of $xx, however copy of refund check and proof of delivery not provided. Please provide copy of refund check for under disclosed difference of $15 and proof of delivery to the borrower.		01/11/2017
Fee disclosed as $xx on LE dated 10/12/2016, but disclosed as $xx on Final CD. $xx tolerance cure was provided at close, but is insufficient to cure entire tolerance violation (0% and 10%) of $78.00.		Reviewer Comment (2017-01-16): LOX., PCCD, proof of delivery and refund were provided. Reviewer Comment (2017-01-03): Seller provided LOE and Post-close CD dated 12/28/2016 reflecting cure of $xx, however copy of refund check and proof of delivery not provided. Please provide copy of refund check for under disclosed difference of $15 and proof of delivery to the borrower.		01/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201133357	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/02/2017
201133357	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] 1040 (2013)
201133357	Compliance	Compliance	Federal Compliance	Capital Gains Assets	Qualified Mortgage (Dodd-Frank 2014): Documentation to support Capital Gains income requirement not met. ([REDACTED] [REDACTED]/Schedule D)
201133357	Compliance	Compliance	Federal Compliance	Capital Gains Tax Returns	Qualified Mortgage (Dodd-Frank 2014): Three (3) years tax returns to evaluate Capital Gains or Losses requirement not met. ([REDACTED] ]REDACTED]/Schedule D)
201133357	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201133357	Credit	Credit	Misc	Credit Exception:
201133357	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201135823	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135823	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/06/2016
201135823	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-16): LOX and Pay History was provided.	01/16/2017
Missing 2013 personal tax returns to fully document Sched D losses, as required per guidelines.		Reviewer Comment (2017-01-11): Seller provided 2013 1040.	01/11/2017
Missing 2013 personal tax returns.		Reviewer Comment (2017-01-11): Seller provided 20130 1040.	01/11/2017
Missing 2013 personal tax returns.		Reviewer Comment (2017-01-11): Seller provided 2013 1040.	01/11/2017
		Reviewer Comment (2017-01-16): Seller provided the income docs. Loan is safe Harbor.	01/16/2017
Per guidelines, if subject is part of an HOA, documentation is required to show the following: Name, address and contact information for Association/Management Company, Evidence of current status of dues, Tax ID number for Association/Management Company and verification of amount/frequency of the dues payable. Subject is a PUD/part of an HOA, and file is missing this documentation.		Reviewer Comment (2017-01-16): HOA documentation was provided as required Reviewer Comment (2017-01-11): Seller provided CD to show fees paid by seller, however all HOA required information (HOA address, HOA dues status, HOA contact name, phone and email address) was not provided. Exception remains. Reviewer Comment (2017-01-03): Seller provided HOA information except for HOA dues status. Please provide evidence HOA dues are current. Reviewer Comment (2016-12-27): Seller states it is not an HOA. Appraisal verifies subject is a PUD with yearly HOA dues of $100. Please provide all HOA required information (HOA address, HOA dues status, HOA contact name, phone and email address). Exception remains.	01/16/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-16): Evidence of delivery was provided.	01/16/2017
		Reviewer Comment (2017-01-05): See New Exception Reviewer Comment (2017-01-03): Docs not provided. Reviewer Comment (2016-12-22): Evidence Provided	01/05/2017
		Reviewer Comment (2017-01-19): Seller provided an acceptable payment/disbursement history.	01/19/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA		Reviewer Comment (2017-01-19): Seller provided HOA email address. Reviewer Comment (2017-01-16): Seller provided HOA information but the Contact email address was not provided and is required per guidelines.	01/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135823	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201135823	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Safe Harbor QM.
201135825	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135825	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/31/2016
201135825	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201135825	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201135825	Credit	Credit	Misc	Credit Exception:
201135827	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135827	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/05/2017
201135827	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/11/18/2016)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY].		Reviewer Comment (2016-12-21): Data was corrected on post close CD (SFIG).		12/21/2016
Proof of the lender’s QM designation missing from file. Provide Compliance report or proof of Lender Designation		Reviewer Comment (2017-01-16): Seller provided loan Designation as Safe Harbor.	01/16/2017
		Reviewer Comment (2016-12-29): Provided	12/29/2016
		Reviewer Comment (2017-01-08): LOX and Pay History Provided	01/08/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-05): Seller provided PCCD correcting closing date to [MM/DD/YYYY].		01/05/2017
Disbursement date of [MM/DD/YYYY] reflected on Final CD is same as Right to Cancel Expiration date of [MM/DD/YYYY].		Reviewer Comment (2016-12-28): Data was corrected on post close CD (SFIG).		12/28/2016
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-08): Provided	01/08/2017
		Reviewer Comment (2016-12-29): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/29/2016
		Reviewer Comment (2017-01-10): LOX And Pay History were provided.	01/10/2017
The initial CD in file was issued and received on 11/18/2016 which was not at least 3 business days from the closing date of [MM/DD/YYYY].		Reviewer Comment (2017-01-05): Seller provided initial CD dated 11/17/16 with eDelivery & receipt date of 11/17/16.	01/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135827	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201135835	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135835	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135835	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135848	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/09/2016
201135848	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135849	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135849	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/11/17/2016)
201135849	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201135849	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender’s Title Insurance. Fee Amount of $1,421.00 exceeds tolerance of $1,231.00. Insufficent or no cure was provided to the borrower. (7567)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY].		Reviewer Comment (2016-12-28): Data was corrected on post close CD (SFIG).		12/28/2016
		Reviewer Comment (2017-01-17): Provided.	01/17/2017
		Reviewer Comment (2017-01-17): Seller provided an acceptable payment/disbursement history.	01/17/2017
Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller paid fees were not reflected on the Borrower’s Final CD.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-30): Client elects to waive.			12/30/2016
		Reviewer Comment (2017-01-23): Seller provided an acceptable payment/disbursement history.	01/23/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA: HOA address, HOA dues status, HOA contact name, phone number, and email address.		Reviewer Comment (2017-01-23): Seller provided all HOA information. Reviewer Comment (2017-01-17): Seller provided the HOA name with city, state and zip, however a street address, contact name, phone number and email and the current status of the dues were not provided.	01/23/2017
		Reviewer Comment (2017-01-16): Evidence of Delivery was provided.	01/16/2017
		Reviewer Comment (2017-01-06): Seller provided appraisal waiver signed by borrower 10/26/16.	01/06/2017
		Reviewer Comment (2017-01-06): Seller provided eDisclosure Agreement accepted by borrowers 3/21/16.	01/06/2017
Lender re-disclosed LE on 09/22/2016 increasing Title insurance fee to $1,421.00		Reviewer Comment (2017-01-11): Seller provided a valid COC for increase in Title Insurance.	01/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135849	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135849	Credit	Credit	Misc	Credit Exception:
201135850	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135850	Credit	Loan Package Documentation	Application / Processing	FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.	Disaster Date: 10/24/2016 Inspection Date:
201135850	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/30/2016
201135850	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Phone is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135850	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135850	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $250.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201135850	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135850	Compliance	Compliance	State Compliance	Note Error: Note late charge percentage exceeds maximum per state

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-11): Seller provided a valid COC for increase in Title Insurance.	01/11/2017
Missing HOA information		Reviewer Comment (2017-01-16): Seller provided evidence that the dues are current. Reviewer Comment (2017-01-11): Seller provided all HOA contact information, however the status of the dues is required and was not provided.	01/16/2017
		Reviewer Comment (2017-01-19): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/19/2017
The appraisal in file had an effective date of [MM/DD/YYYY]. The FEMA disaster date was 10/24/2016.		Reviewer Comment (2017-01-19): Seller provided disaster inspection report dated 1/6/2017.	01/19/2017
		Reviewer Comment (2017-02-02): Per client, OK to clear.	02/02/2017
Missing All Required information for the HOA.		Reviewer Comment (2017-02-02): Information provided Reviewer Comment (2017-01-31): Status of HOA dues still outstanding. And Tax ID, if available Reviewer Comment (2017-01-19): Seller provided HOA address, contact, phone and email address, however the status of the dues are required and were not provided.	02/02/2017
TRID - Non Compliant: Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx		Reviewer Comment (2017-01-03): Per the client’s guidance, the condition is waived.			01/03/2017
Fee was not disclosed on Loan Estimate or subsequent CD’s.		Reviewer Comment (2017-01-08): Erroneous Reg ID 4747. This fee was seller paid.	01/08/2017
Cure for Loan Discount fee of $250.00 was not provided.		Reviewer Comment (2017-01-08): Erroneous Reg ID 2933. No tolerance violation of Discount Points due to being seller paid.	01/08/2017
The maximum allowable late charge percentage in North Carolina is 4%, the note disclosed a late charge of 5%.		Reviewer Comment (2017-01-08): Please note this is a North Carolina property. A late charge of 5% is allowable for loan amounts greater than $xx. Loans over $xx are exempt from the late fee limitation of 4%.	01/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135851	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135851	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/26/2016
201135851	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/11/09/2016)
201135851	Compliance	Compliance	Federal Compliance	Notice of Right to Cancel Missing	Truth in Lending Act: Notice of Right to Cancel was not provided.
201135851	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135851	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-2,870.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-3,588.00. (9300)
201135856	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135856	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/08/2016
201135856	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135858	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-24): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/24/2017
		Reviewer Comment (2017-01-24): Seller provided an acceptable payment/disbursement history.	01/24/2017
Evidence of earlier borrower receipt was not found in file. The initial CD in file was dated 11/09/2016 which was less than 3 business days prior to closing ([MM/DD/YYYY]).		Reviewer Comment (2017-01-08): Seller provided initial CD dated 10/31/16.	01/08/2017
		Reviewer Comment (2017-01-08): Seller provided Notice of Right to Cancel.	01/08/2017
A valid change of circumstance disclosure was not provided reducing the lender credit.		Reviewer Comment (2017-01-08): Seller provided valid COC dated 11/9/16.	01/08/2017
A valid change of circumstance disclosure was not provided reducing the lender credit.		Reviewer Comment (2017-01-08): Seller provided valid COC dated 11/9/16.	01/08/2017
		Reviewer Comment (2016-12-27): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/27/2016
		Reviewer Comment (2017-01-02): Pay History and LOX provided.	01/02/2017
Missing all required information for the HOA.		Reviewer Comment (2017-01-02): Seller provided the full HOA information as required per guidelines.	01/02/2017
		Reviewer Comment (2017-01-16): Evidence of Note delivery was provided.	01/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135858	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/31/2016
201135858	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201135858	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201135858	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201135858	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201135861	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135861	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/30/2016
201135861	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201135861	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Cash From To Borrower	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Amount of Cash to Close that does not match the Final value of Cash to Close in the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201135861	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee. Fee Amount of $2,170.00 exceeds tolerance of $2,160.00. Sufficient or excess cure was provided to the borrower. (7325)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-19): LOX and Pay History was provided	01/19/2017
		Reviewer Comment (2017-01-06): Seller provided corrected PCCD with closing date reflected as [MM/DD/YYYY]. Reviewer Comment (2017-01-06): Seller provided a PCCD, however Closing Date is reflected as [MM/DD/YYYY] whereas date of consummation is [MM/DD/YYYY].		01/06/2017
		Reviewer Comment (2017-01-16): The finance charges were accurately disclosure. The fees in question are actually taxes and are not included in finance charges. Reviewer Comment (2017-01-06): CD discloses finance charge of $385,807.33; calculated finance charge is $xx. Variance is $109.27 which exceeds the max allowable tolerance of $35 for refinance.	01/16/2017
Section F of CD shows annual premium as only being 8 months		Reviewer Comment (2017-01-06): Seller provided PCCD with number of months for homeowner’s insurance under prepaids corrected to 12 months.		01/06/2017
		Reviewer Comment (2017-01-06): Seller provided PCCD reflecting closing costs financed on page of CD		01/06/2017
		Reviewer Comment (2017-01-19): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/19/2017
		Reviewer Comment (2017-01-23): Seller provided an acceptable payment/disbursement history.	01/23/2017
The note, security instrument and final CD disclosed a closing date of [MM/DD/YYYY], actual consummation did not take place until [MM/DD/YYYY].		Reviewer Comment (2017-01-06): Seller provided letter of explanation and PCCD correcting closing date.		01/06/2017
Page 1 of the final CD disclosed cash back to the borrower as $xx, summaries of transactions disclosed cash to the borrower of $xx.		Reviewer Comment (2017-01-06): Seller provided letter of explanation and PCCD correcting cash to borrower and pages 1 & 3.		01/06/2017
Erroneous exception: A lender credit was provided at closing in the amount of 60.00 for the under disclosure of the appraisal fee and origination fee. No further cure is required.		Reviewer Comment (2016-12-30): Erroneous exception: A lender credit was provided at closing in the amount of 60.00 for the under disclosure of the appraisal fee and origination fee. No further cure is required.		12/30/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135861	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $484.00 exceeds tolerance of $434.00. Sufficient or excess cure was provided to the borrower. (7506)
201135861	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201135861	Credit	Credit	Misc	Credit Exception:
201135864	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Other 1 Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax 2nd Installment under Prepaids. (Final/[MM/DD/YYYY])
201135864	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/09/2016
201135864	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Tax ID is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135865	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135865	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/29/2016
201135865	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Tax ID is blank	Valuation Type: Appraisal / Valuation Report Date:[MM/DD/YYYY]
201135865	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Erroneous exception: A lender credit was provided at closing in the amount of 60.00 for the under disclosure of the appraisal fee and origination fee. No further cure is required.		Reviewer Comment (2016-12-30): Erroneous exception: A lender credit was provided at closing in the amount of 60.00 for the under disclosure of the appraisal fee and origination fee. No further cure is required.		12/30/2016
New condition. PCCD dated 1/5/17 provided to correct closing date and cash to borrower on pages 1 & 3 now reflects 0 months collected for homeowners insurance; amount does not calculate to the collected amount of $xx.		Reviewer Comment (2017-01-23): Seller provided a letter of explanation and a corrected PCCD. Reviewer Comment (2017-01-19): Seller provided a PCCD dated 1/12/2017, however Page 2 Section F, Line 1 and Line 4 for Homeowner’s Insurance and Property Taxes still reflect (0 months) which does not calculate to the collected amounts of $877.00 and $3,489.07.		01/23/2017
New condition. PCCD dated 1/5/17 provided to correct closing date and cash to borrower on pages 1 & 3 now reflects 0 months collected for property taxes; amount does not calculate to the collected amount of $xx.		Reviewer Comment (2017-01-23): Seller provided a letter of explanation and a corrected PCCD. Reviewer Comment (2017-01-19): Seller provided a PCCD dated 1/12/2017, however Page 2 Section F, Line 1 and Line 4 for Homeowner’s Insurance and Property Taxes still reflect (0 months) which does not calculate to the collected amounts of $877.00 and $3,489.07.	01/23/2017
Line 5 of Section F, number of months is blank.		Reviewer Comment (2017-01-05): Seller provided PCCD and LOX reflecting the Proper information in Section F. Reviewer Comment (2017-01-03): Seller comments state borrower got the $xx from escrow when the loan closed at funding time. Please provide documentation to support. In addition, a LOE to the borrower for the post-close CD changes dated 11/29/2016 is required. Reviewer Comment (2016-12-29): Seller provided Post-Close CD dated 11/29/2016 reflecting number of months for Property Tax 2nd Installment under Prepaids.. Fees and deposits were updated on the Post-Close CD which reflects borrower receiving cash to close of $xx. A LOE for the Post-Close CD and proof the refund of $xx was sent to the borrower is required (copy of check, proof of delivery).		01/05/2017
		Reviewer Comment (2017-01-06): Seller provided the Pay History and LOX	01/06/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA		Reviewer Comment (2016-12-29): Seller provided all required HOA information.	12/29/2016
		Reviewer Comment (2016-12-27): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/27/2016
		Reviewer Comment (2017-01-02): First payment is due [MM/DD/YYYY] and all conditions cleared prior to 45 day requirement.	01/02/2017
Missing all HOA information		Reviewer Comment (2017-01-02): Seller provided the Full and Complete HOA information.	01/02/2017
Number of months was not indicated.		Reviewer Comment (2017-01-02): A Corrected CD and LOX to the borrower was provided.		01/02/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135865	Credit	Credit	Credit Documentation	Aged document: Primary Valuation is older than guidelines permit	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] Appraisal
201135866	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135866	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135866	Credit	Credit	Misc	Missing Document: Credit Letter of Explanation (LOE) not provided
201135866	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Loan images/file not provided
201135866	Credit	Credit	Misc	Credit Exception:
201135868	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135868	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201135868	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201135868	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Appraisal aging limited to 120 days, report is aged 123 days. A re-certification of value is required.		Reviewer Comment (2017-01-02): Seller provided a 1004 recert of value indicating that the value is still the same.	01/02/2017
		Reviewer Comment (2016-12-27): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/27/2016
First Payment due [MM/DD/YYYY]. Provide evidence of Payment.		Reviewer Comment (2017-01-02): Seller provided LOX and Pay History.	01/02/2017
Provide cancellation letter for original endorsement to AIG Correspondent Lending		Reviewer Comment (2017-01-31): [REDACTED] cleared the exception for the incorrect endorsement and cancellation letter, per AIG ([REDACTED])	01/31/2017
Provide allonge to the note showing endorsement corrected to: pay to order of blank		Reviewer Comment (2017-01-31): [REDACTED] cleared the exception for the incorrect endorsement and cancellation letter, per AIG ([REDACTED])	01/31/2017
Provide evidence that the Note was provided to the Custodian.		Reviewer Comment (2017-07-26): Client has provided attestation that the note was delivered to the Custodian. Reviewer Comment (2017-07-26): update from the Client. Reviewer Comment (2017-01-31): [REDACTED] - Per client, condition can be waived.	07/26/2017
		Reviewer Comment (2017-01-03): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/03/2017
		Reviewer Comment (2017-01-19): Seller provided Fraud Report.	01/19/2017
The file was missing a signed copy of the 2014/2015 1040’s, the signed 2014/2015 1120S, the 2014 1120S (not in file), the 2014 K1, and the balance sheet for the schedule C company.		Reviewer Comment (2017-01-28): Seller provided all Income docs as required per Appendix Q.	01/28/2017
		Reviewer Comment (2017-01-11): Seller provided verification Your Home Loan Toolkit Disclosure provided to applicant 10/4/16.	01/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135868	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135868	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201135868	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201135868	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/24/2016
201135868	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201135877	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135877	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/02/2017
201135878	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135878	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/25/2016
201135878	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-03): Per the client’s guidance, the condition is waived.			01/03/2017
The file was missing a signed copy of the 2014/2015 1120S, the 2014 1120S (not in file), and the 2014 K1.		Reviewer Comment (2017-01-28): Seller provided all Income docs as required per Appendix Q. Reviewer Comment (2017-01-24): Seller comments state “There will not be a 2014 K-1 or 1120s as the business was not incorporated until the end of December 2014.: However, the 2015 1120s reflects an incorporated date of 7/30/2014 and the original loan file contains the 2014 1120s transcript for KWIS LLC. Reviewer Comment (2017-01-19): Seller provided a signed balance sheet and signed 2015 1120S, however a signed 2014 1120S is required and was not provided.	01/28/2017
The file was missing a signed copy of the 2014/2015 1040’s and the balance sheet for the schedule C company.		Reviewer Comment (2017-01-28): Seller provided all Income docs as required per Appendix Q. Reviewer Comment (2017-01-24): Seller provided information previously provided and reviewed 1/19/17. A balance sheet for Schedule C income has not been provided. Reviewer Comment (2017-01-19): Seller provided signed 2014 & 2015 1040’s however per Appendix Q a balance sheet is required for sole proprietorship income and was not provided.	01/28/2017
		Reviewer Comment (2017-01-28): Not required. All conditions are cleared prior to payment due.	01/28/2017
		Reviewer Comment (2017-01-11): Seller provided borrower consent to receive eDisclosures.	01/11/2017
		Reviewer Comment (2017-01-11): Evidence of delivery was provided	01/11/2017
		Reviewer Comment (2017-01-11): Seller provided LOX and Payhistory	01/11/2017
		Reviewer Comment (2017-01-17): Provided.	01/17/2017
		Reviewer Comment (2017-01-18): Seller provided Pay History and LOX. Reviewer Comment (2017-01-17): Please provide an acceptable payment/disbursement history.	01/18/2017
1) The final CD reflects the Lender’s NMLS number as [Redacted] vs. the Note and Mortgage/Deed of Trust which reflects [Redacted].		Reviewer Comment (2017-01-06): Seller provided PCCD dated 1/6/17 correcting Lender NMLS number.		01/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135878	Credit	Loan Package Documentation	Application / Processing	Missing Valuation:
201135878	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Safe Harbor QM.
201135879	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135879	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/01/2017
201135879	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201135879	Credit	Credit	Misc	Credit Exception:
201135880	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135880	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201135880	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201135880	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The appraisal reflects that CO detectors are not installed on the subject property. Per CA state law, CO detectors are required on all CA properties.		Reviewer Comment (2017-01-17): Seller provided certificate of completion for installation on CO detectors.	01/17/2017
		Reviewer Comment (2017-01-17): Seller provided Lender designation.	01/17/2017
		Reviewer Comment (2017-01-03): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/03/2017
		Reviewer Comment (2017-01-17): Pay History and LOX provided/ First payment due [MM/DD/YYYY].	01/17/2017
The final closing disclosure reflects a disbursement date of [MM/DD/YYYY]. A post closing CD dated 12/01/2016 reflects a disbursement date of [MM/DD/YYYY]. File does not contain documentation that the lender provided written explanation to the borrower as to the change. No evidence that the borrower was provided the proper rescission period.		Reviewer Comment (2017-01-09): Seller provided LOE to borrower regarding corrected disbursement date.		01/09/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-17): Evidence of delivery was provided.	01/17/2017
		Reviewer Comment (2017-01-03): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/03/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-06): Seller provided a PCCD dated 12/9/16 correcting the closing date to 11/9/16.		01/06/2017
Final Closing Disclosure reflects a disbursement date of [MM/DD/YYYY]. Right to cancel expires on [MM/DD/YYYY]. The calculated expected disbursement date is [MM/DD/YYYY].		Reviewer Comment (2017-01-06): Seller provided PCCD dated 12/9/16 correcting disbursement date to 11/1/16.		01/06/2017
If condition documentation is not provided by <45 days from note date>, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase.		Reviewer Comment (2017-01-18): Pay History and LOX are received. Reviewer Comment (2017-01-17): Seller provided an LOE, please provide an acceptable payment/disbursement history.	01/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135880	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201135881	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135881	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/10/2017
201135881	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135881	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/11/21/2016)
201135881	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201135883	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135883	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/02/2017
201135883	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201135884	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-18): Evidence of delivery is received Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/18/2017
		Reviewer Comment (2017-01-12): Provided.	01/12/2017
		Reviewer Comment (2017-01-12): Seller provided payment/disbursement history.	01/12/2017
Missing Home Owners Association Address.		Reviewer Comment (2017-01-12): HOA address provided	01/12/2017
The file contained documentation that the borrower received a copy of the appraisal on 11/01/2016; however the report was dated [MM/DD/YYYY].		Reviewer Comment (2017-01-11): Seller provided verification borrower received appraisal 3 days before closing date.	01/11/2017
		Reviewer Comment (2017-01-11): Seller provided verification Your Home Loan Toolkit Disclosure was provided to applicant.	01/11/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/17/2017
		Reviewer Comment (2017-01-17): Seller provided an acceptable payment/disbursement history.	01/17/2017
Closing Disclosure Closing Costs Financed Without Seller $0.00 and Closing Disclosure Calculated Closing Costs Financed $xx.		Reviewer Comment (2017-01-08): Letter of Explanation & Corrected Closing Disclosure were provided with the corrected closing costs financed.		01/08/2017
		Reviewer Comment (2017-01-03): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135884	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201135884	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135884	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135884	Credit	Credit	Misc	Credit Exception:
201135889	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135889	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/25/2016
201135889	Compliance	Compliance	Federal Compliance	TRID Alternate Table Usage	TILA-RESPA Integrated Disclosure - Costs at Closing/ Calculating Cash to Close: Alternate tables not used consistently throughout the transaction.
201135889	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $69.82 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower. (7520)
201135892	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135892	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/22/2016

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-09): Seller provided Fraud Report.	01/09/2017
		Reviewer Comment (2017-01-25): Seller provided an acceptable payment/disbursement history. Reviewer Comment (2017-01-17): Seller provided a LOE, please provide an acceptable payment/disbursement history.	01/25/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-03): Per the client’s guidance, the condition is waived.			01/03/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/17/2017
		Reviewer Comment (2017-01-03): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/03/2017
		Reviewer Comment (2017-01-16): Pay History and LOX provided. First payment due[MM/DD/YYYY].	01/16/2017
Revised LE issued on 10/11/2016 used with seller form. Initial LE and all CD’s used without seller form.		Reviewer Comment (2017-01-03): The CD’s disclosed were corrected to match the table used on the initial LE.		01/03/2017
$xx lender cure applied per final CD		Reviewer Comment (2017-01-03): Lender provided $19.91 credit at closing for Closing Costs above legal limit.		01/03/2017
		Reviewer Comment (2016-12-29): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/29/2016
		Reviewer Comment (2017-01-16): First Payment due [MM/DD/YYYY]. LOX and Pay History provided.	01/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135892	Credit	Assets	Asset Documentation	Aged document: Asset Account is older than guidelines permit	Financial Institution: [REDACTED] / End Date: 06/03/2016 // Account Type: 401(k)/403(b) Account / Account Number: xxxx
201135894	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135894	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender’s Title Insurance. Fee Amount of $5,086.85 exceeds tolerance of $4,797.00. Insufficent or no cure was provided to the borrower. (7567)
201135894	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notary Fee. Fee Amount of $175.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7568)
201135894	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135894	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135894	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135899	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135899	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/22/2016
201135899	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The documentation age is 130 Days prior to the note date. The assets are required to meet the reserve requirement.		Reviewer Comment (2017-01-16): Seller provided the updated Asset Statement for the 401K account.	01/16/2017
		Reviewer Comment (2017-01-19): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/19/2017
		Reviewer Comment (2017-01-12): The borrower used a service provider on the SSPL and therefore there was not a tolerance violation	01/12/2017
		Reviewer Comment (2017-01-12): The borrower used a service provider on the SSPL and therefore there was not a tolerance violation	01/12/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-30): Client elects to waive			12/30/2016
		Reviewer Comment (2017-01-12): The borrower used a service provider on the SSPL and therefore there was not a tolerance violation	01/12/2017
		Reviewer Comment (2017-01-19): Seller provided an acceptable payment/disbursement history.	01/19/2017
		Reviewer Comment (2017-01-19): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/19/2017
		Reviewer Comment (2017-02-03): Seller provided satisfactory pay history. Reviewer Comment (2017-02-01): Acceptable LOE provided. However, first payment date was [MM/DD/YYYY], and satisfactory payment history is required to clear this condition.	02/03/2017
		Reviewer Comment (2017-01-09): Seller provided Fraud Report.	01/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135899	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $98.75 exceeds tolerance of $75.00. Sufficient or excess cure was provided to the borrower. (7520)
201135899	Credit	Credit	Misc	Credit Exception:
201135901	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135901	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/09/15/2016)
201135901	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201135901	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135901	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135901	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201135901	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $135.02 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201135901	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as $xx on LE dated 10/10/2016, but disclosed as $xx on Final CD.		Reviewer Comment (2016-12-29): $23.75 tolerance cure was issued on Final CD.		12/29/2016
Missing all required information for the HOA.		Reviewer Comment (2017-02-01): Contact information provided. Per client, OK to clear without Tax ID. Reviewer Comment (2017-01-19): Seller provided information previously provided, however a contact name is required and tax id and email if available. Reviewer Comment (2017-01-09): Seller provided HOA address and phone number, however tax ID, contact name & contact email are required.	02/01/2017
		Reviewer Comment (2017-01-16): Evidence that note was provided to the custodian was provided.	01/16/2017
		Reviewer Comment (2017-01-08): Seller provided evidence that the appraisal was provided to the borrower.	01/08/2017
		Reviewer Comment (2017-01-23): Finance charge properly disclosed on Final CD.	01/23/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-30): Client elects to waive			12/30/2016
		Reviewer Comment (2017-01-17): Seller provided the CIC dated 11/21 reflecting that the loan was re-locked and the charge was required. Reviewer Comment (2017-01-16): Seller provided a CIC regarding the loan being locked on 10/13. However, the LE dated 11/21/16 reflects an added loan discount fee of $135. This was not on the LE provided to the borrower on 10/13/16 and there is no evidence in file as a valid added fee for the borrower. Exception Remains.	01/17/2017
		Reviewer Comment (2017-01-08): Seller provided the evidence of the tool kit delivered to the borrower.	01/08/2017
Final loan estimate disclosed discount point fee at $135		Reviewer Comment (2017-01-17): Seller provided the CIC dated 11/21 reflecting that the loan was re-locked and the charge was required. Reviewer Comment (2017-01-16): Seller provided a CIC regarding the loan being locked on 10/13. However, the LE dated 11/21/16 reflects an added loan discount fee of $135. This was not on the LE provided to the borrower on 10/13/16 and there is no evidence in file as a valid added fee for the borrower. Exception Remains.	01/17/2017
		Reviewer Comment (2017-01-23): First payment date [MM/DD/YYYY].	01/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135901	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.
201135904	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135904	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/07/2017
201135904	Compliance	Compliance	Federal Compliance	RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application.
201135904	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
201135904	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201135904	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $19.55 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower. (7520)
201135904	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $8.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower. (7579)
201135904	Compliance	Compliance	State Compliance	Maryland Counseling Agencies Disclosure Not in File	Maryland HB1399 - No evidence of counseling agencies list per Maryland HB 1399.
201135904	Credit	Credit	Misc	Missing Document: Credit Letter of Explanation (LOE) not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Purchase contract is in file for prior home, but missing evidence of payoff and receipt of equity after sale		Reviewer Comment (2017-01-08): Seller provided the final CD from the sale of the departing property as evidence of payoff and receipt of equity.	01/08/2017
		Reviewer Comment (2017-01-06): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/06/2017
		Reviewer Comment (2017-01-31): LOE and pay history provided. Loan due for 2/1/17 payment.	01/31/2017
The initial application date was [MM/DD/YYYY] and the disclosure was issued 10/18/2016.		Reviewer Comment (2017-01-06): Seller provided a copy of the disclosure dated 08/22/2016.	01/06/2017
Disclosure reflects a negative fee for (Appraisal Credit) in Section (H). This is TRID non-compliant.		Reviewer Comment (2017-01-19): Seller provided a Letter of Explanation & Corrected PCCD dated 1/10/2017 and Refund Check to Borrower. Reviewer Comment (2017-01-06): Per the seller’s response, the borrower prepaid $450.00 for the appraisal and the credit was due to the appraisal cost was $445.00. This is an acceptable use of the negative fee; however the appraisal fee on the final CD was collected at closing and not before closing. A corrected CD, proof of the refund to the borrower, and LOE to the borrower is required disclosing the appraisal fee as paid before closing. Condition remains		01/19/2017
Disclosure does not reflect an amount for Closing Costs Financed, but this should be ($xx)		Reviewer Comment (2017-01-25): Seller provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-01-23): Seller provided a corrected PCCD dated 1/20/17, please provided a letter of explanation to the borrower regarding the changes. Reviewer Comment (2017-01-19): Seller provided a PCCD dated 1/10/2017, however Page 3, Calculating Cash to Close does not reflect the Closing Costs Financed this field is blank but should reflect $xx.		01/25/2017
Fee was not disclosed on initial Loan Estimate dated 08/22/2016.		Reviewer Comment (2017-01-06): The cure was provided on the final CD.		01/06/2017
Fee was not disclosed on initial Loan Estimate dated 08/22/2016.		Reviewer Comment (2017-01-06): The cure was provided on the final CD.		01/06/2017
The initial application date was [MM/DD/YYYY] and the disclosure was issued 10/18/2016.		Reviewer Comment (2017-01-06): Seller provided a copy of the disclosure dated 08/22/2016.	01/06/2017
Final CD and the IEAD disclosure starting balance do not match, Please provide corrected Documents.		Reviewer Comment (2017-02-09): Seller provided documentation detailing the numbers. The initial CD and IEAD do match and are correct.	02/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135904	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201135906	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135906	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201135906	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/04/2017
201135906	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201135906	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201135906	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $500.00 exceeds tolerance of $450.00. Sufficient or excess cure was provided to the borrower. (75104)
201135906	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] Third Party Verification
201135906	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow - Reason	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
201135906	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller’s Wiring Instructions missing from the file.		Reviewer Comment (2017-02-09): Wiring instructions have been provided.	02/09/2017
		Reviewer Comment (2017-01-06): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/06/2017
		Reviewer Comment (2017-02-03): Seller provided satisfactory fraud report. Reviewer Comment (2017-01-06): Seller provided a request for connective to pull the fraud report. A copy of the report is required by AMC for review. Condition remains	02/03/2017
		Reviewer Comment (2017-03-08): Seller has provided a written explanation for the delay and verification of an acceptable payment/disbursement history. Reviewer Comment (2017-03-08): . Reviewer Comment (2017-02-14): Pay history has been provided and loan is currently due for 3/1. Letter of explanation for the delay is still outstanding. Condition remains.	03/08/2017
		Reviewer Comment (2017-01-06): Seller provided a copy of the e-consent disclosure.	01/06/2017
		Reviewer Comment (2017-02-24): Seller provided a PCCD and LOX to the borrower correcting the number of months of Property Taxes. Reviewer Comment (2017-02-14): Letter explaining changes to borrower still has not been provided. Reviewer Comment (2017-02-10): Letter not provided. Condition remains. Reviewer Comment (2017-01-06): The seller provided a post-close CD correcting the issue; however a copy of the letter of explanation sent to the borrower disclosing the changes was not provided. Condition remains		02/24/2017
Fee disclosed as $xx on LE dated 10/17/2016, but disclosed as $xx on CD dated 11/28/2016.		Reviewer Comment (2016-12-30): $50 tolerance cure issued on Final CD.		12/30/2016
File is missing third party verification of employment for the multiple self-employed income sources.		Reviewer Comment (2017-01-06): Seller provided proof of the self-employment for all companies owned.	01/06/2017
Final CD correctly shows the loan will not have an escrow account, however, the checkbox to show the reason for no escrow account was not marked on page 4.		Reviewer Comment (2017-02-24): Letter of Explanation & Corrected Closing Disclosure were provided to the borrower. Reviewer Comment (2017-02-23): Seller provided the same documentation reviewed on 2/14, however the letter of explanation to the borrower regarding the change on page 4 as to the reason for no escrow account was has not been provided. Exception remains. Reviewer Comment (2017-02-14): Letter explaining changes to borrower still has not been provided. Reviewer Comment (2017-01-06): The seller provided a post-close CD correcting the issue; however a copy of the letter of explanation sent to the borrower disclosing the changes was not provided. Condition remains		02/24/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-08): Seller has provided all required HOA information. Reviewer Comment (2017-02-23): Seller provided homeowners insurance information, the property is a PUD with yearly HOA dues. Please provided the current status of the dues, the HOA name, address, tax id (if available) a contact name, phone number and email address. Reviewer Comment (2017-02-14): HOA documentation still not provided. Reviewer Comment (2017-02-10): Condition remains. Homeowners Association information is what is required, not homeowners insurance. Reviewer Comment (2017-01-06): Seller provided a copy of the hazard insurance policy. The condition is for the contact information, including address, email, contact, phone number and tax id of the Homeowner’s Association. Condition remains	03/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135906	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201135907	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135907	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/02/2017
201135907	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/11/16/2016)
201135907	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201135907	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201135907	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/11/16/2016)
201135909	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135909	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/11/08/2016)
201135909	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller’s Wiring Instructions missing from the file.		Reviewer Comment (2017-02-24): Seller provided the wire instructions as required. Reviewer Comment (2017-02-23): Please provide the wiring instructions.	02/24/2017
		Reviewer Comment (2017-01-19): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/19/2017
		Reviewer Comment (2017-01-31): Pay History and LOX were provided.	01/31/2017
Valuation Received Date [MM/DD/YYYY] > Note Less 3 days [MM/DD/YYYY].		Reviewer Comment (2017-01-31): Evidence of delivery was provided. Reviewer Comment (2017-01-19): Seller provided verification appraisal was given to borrower in person 11/18/2016 which is the same day as closing. Please provide evidence the borrower signed a timing waiver, waiving right to receive at least 3 days before close. Reviewer Comment (2017-01-06): Seller provided verification appraisal sent to borrower 8/30/16.	01/31/2017
CD Issue Date 11/17/2016 > Closing Date Less 6 days [MM/DD/YYYY] and CD Received Date 11/18/2016 and CD Received Date 11/18/2016 > Closing Date Less 3 days [MM/DD/YYYY].		Reviewer Comment (2017-01-06): Seller provided initial CD dated 11/15/16 with borrower signature 11/15/16 within 3 days of closing date.	01/06/2017
Section F property insurance number of months is blank.		Reviewer Comment (2017-01-06): Seller provided PCCD dated 1/4/17 with fax to borrower correcting number of months for Property Tax under Prepaids to 12.		01/06/2017
		Reviewer Comment (2017-01-31): Client elects to waive.			01/31/2017
		Reviewer Comment (2017-01-11): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/11/2017
		Reviewer Comment (2017-01-11): Seller provided verification borrower received appraisal. Reviewer Comment (2017-01-06): Seller provided the executed Waiver that was in the file. The borrower waived the timing but still is required to receive the appraisal. There is no evidence in the file that the appraisal was sent/provided to the borrower.	01/11/2017
Loan documents were signed by borrower on [MM/DD/YYYY] with a disbursement date of [MM/DD/YYYY].		Reviewer Comment (2017-01-06): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		01/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Second Home	Refinance - Rate/Term
1	A	XXXX	XX	Second Home	Refinance - Rate/Term
1	A	XXXX	XX	Second Home	Refinance - Rate/Term
1	A	XXXX	XX	Second Home	Refinance - Rate/Term	No Defined Cure
2	B	XXXX	XX	Second Home	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Second Home	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135909	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135909	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Seller Credit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201135909	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase
201135909	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/11/08/2016)
201135914	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135914	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/07/2017
201135914	Compliance	Compliance	Federal Compliance	FACTA Disclosure Missing	FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure.
201135914	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Contact Information - Broker	TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the required Broker Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). (Final/[MM/DD/YYYY])
201135914	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135914	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No fees paid by seller		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-30): Client elects to waive			12/30/2016
The final CD reflects $0 for seller credit under the Calculating Cash to Close section vs. the Summaries of Transactions section which reflects a seller credit of $xx.		Reviewer Comment (2017-01-06): Letter of Explanation & Corrected Closing Disclosure		01/06/2017
		Reviewer Comment (2017-01-13): Seller provided acceptable payment/disbursement history.	01/13/2017
Seller provided evidence appraisal was provided on 11/7/2016 prior to appraisal report date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with ECOA § 1002.14(a)(1). Please provide evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal was sent to the borrower.		Reviewer Comment (2017-01-13): Seller provided verification of changes and evidence appraisal was provided to borrower.	01/13/2017
		Reviewer Comment (2017-01-05): Provided.	01/05/2017
		Reviewer Comment (2017-01-12): Provided.	01/12/2017
		Reviewer Comment (2017-01-05): Facta Disclosure provided.	01/05/2017
Missing Broker NMLS ID		Reviewer Comment (2017-01-09): Seller provided verification loan is not a Broker loan, information not required.	01/09/2017
		Reviewer Comment (2016-12-30): Client elects to waive.			12/30/2016
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-11): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135934	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135934	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase
201135934	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/11/18/2016)
201135934	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135934	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Seller Credit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201135934	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $76.75 exceeds tolerance of $70.00. Sufficient or excess cure was provided to the borrower. (7520)
201135934	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney’s Fee (Closing Agent And Other). Fee Amount of $275.00 exceeds tolerance of $75.00. Sufficient or excess cure was provided to the borrower. (7589)
201135934	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Loan images/file not provided
201135934	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Incomplete loan images/file
201135936	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-12): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/12/2017
		Reviewer Comment (2017-01-19): Seller provided an acceptable payment/disbursement history.	01/19/2017
		Reviewer Comment (2017-01-12): Seller provided verification appraisal sent to borrower. Reviewer Comment (2017-01-09): Seller provided appraisal waiver, however borrower receipt of appraisal is still required and not provided.	01/12/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-30): Client elects to waive			12/30/2016
ClosingDisclosureFinalSellerCredit(0.00) <> (ClosingDisclosureSummariesSellerCredit(xx)		Reviewer Comment (2017-01-19): Seller provided verification fee is adjustment for a fee customarily paid by seller, this is not a credit due to not being a borrower paid fee. Reviewer Comment (2017-01-12): Seller provided same documentation that was previously provided and reviewed on 1/9/16. However a corrected borrower PCCD with the seller credit on page 3 in calculating cash to close table to be reflected as $5,030 . Reviewer Comment (2017-01-09): Seller provided Seller CD, however letter of explanation and a PCCD reflecting correction to the Seller Credits as it is reflecting as $0 in Calculating Cash to Close yet Seller Credit is reflected as $5,030 in Summaries of Transactions.	01/19/2017
		Reviewer Comment (2016-12-30): Cured provided 11/18 and 11/21 CD		12/30/2016
		Reviewer Comment (2016-12-30): Cured provided 11/18 and 11/21 CD		12/30/2016
• Provide Allonge to the Note with original endorsement from [REDACTED], to [REDACTED] signed by an authorized officer. Mail original to: [REDACTED]. Upload copy of letter and overnight tracking # to the CleanRoom portal.		Reviewer Comment (2017-01-09): Seller provided, overnight tracking along with Allonge to Note and letter authorizing [Redacted] to cancel incorrect endorsement.	01/09/2017
• Provide original signed letter giving [Redacted] authorization to cancel the incorrect endorsement from [REDACTED] TO “BLANK.” Mail original to: [REDACTED]. Upload copy of letter and overnight tracking # to the CleanRoom portal.		Reviewer Comment (2017-01-09): Seller provided, overnight tracking along with Allonge to Note and letter authorizing [Redacted] to cancel incorrect endorsement.	01/09/2017
		Reviewer Comment (2017-01-03): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135936	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135936	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135936	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $200.00 exceeds tolerance of $142.00 plus 10% or $156.20. Insufficient or no cure was provided to the borrower. (0)
201135936	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201135936	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135936	Credit	Credit	Misc	Credit Exception:
201135943	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/06/2017
201135943	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135943	Compliance	Compliance	Federal Compliance	Social Security Documentation	Qualified Mortgage (Dodd-Frank 2014): Social Security income documentation insufficient. ([REDACTED] [REDACTED]/Social Security)
201135943	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-12): Seller provided acceptable payment/disbursement history.	01/12/2017
Cure for 10% tolerance violation ($43.80) was not provided.		Reviewer Comment (2017-01-06): Seller provided a PCCD dated 11/22 and an LOX to the borrower. The Funding details were also provided indicating that a refund was not required as the borrower did not pay the fee.		01/06/2017
($43.80) violation due to increase in (Recording fee(s)). No evidence of cure.		Reviewer Comment (2017-01-06): Seller provided a PCCD dated 11/22 and an LOX to the borrower. The Funding details were also provided indicating that a refund was not required as the borrower did not pay the fee.		01/06/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-01-09): Seller provided a PCCD dated 1/5/17 with closing date corrected along with a letter of explanation. Reviewer Comment (2017-01-06): Seller provided a PCCD to the borrower dated 11/22/16, however this CD has a closing date of [MM/DD/YYYY]. The closing was [MM/DD/YYYY]. Condition remains.		01/09/2017
The final CD did not contain any seller paid fees or a seller credit for closing costs.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-03): Client elects to Waive.			01/03/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-12): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/12/2017
		Reviewer Comment (2017-02-02): Seller provided LOX and Pay History Reviewer Comment (2017-02-01): Evidence of January payment and written explanation for delay required.	02/02/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA		Reviewer Comment (2017-02-01): Evidence dues current was provided. Reviewer Comment (2017-01-31): Duplicate documentation received. Reviewer Comment (2017-01-19): Seller provided full contact name and phone number, however the current status of the dues are required and have not been provided. Reviewer Comment (2017-01-03): Seller provided the Pay Ledger for the HOA dues, however the borrower name and address are not on the ledger and we are unable to determine that this if for the property located on [Redacted] Drive for Mona Jamison. Name and address on thie doc provided doesn’t match, Additionally,the contact phone number is still needed. Please provide the full contact Name, Phone number and email address for the HOA. Reviewer Comment (2016-12-28): Seller provided HOA disclosure statement. Documentation reflects HOA dues are not current. Provide verification HOA dues are current, HOA address, contact name, phone #, and email address.	02/01/2017
Missing award letter.		Reviewer Comment (2017-01-19): Seller provided SS Award Letter for Mona Jamison. Reviewer Comment (2017-01-03): Seller provided an LOX stating that the guidelines required the most recent award letter and bank statement or tax returns. Tax returns were provided. However in order to qualify this loan as QM safe harbor, 3 years of continuance must be provided. There is nothing in the file indicating continuance. Exception remains. Reviewer Comment (2016-12-28): Seller provided SSN consent for release of information. Exception remains.	01/19/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2016-12-28): Seller provided LOE and Post-Close CD dated 12/23/2016 to the borrower with the corrected consummation date of [MM/DD/YYYY].		12/28/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135943	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135943	Compliance	Compliance	Federal Compliance	Social Security Documentation	Qualified Mortgage (Dodd-Frank 2014): Social Security income documentation insufficient. ([REDACTED] [REDACTED]/Social Security)
201135943	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201135944	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135944	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Borrower Information	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Borrower Information that does not match the actual borrowers for the loan.
201135944	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201135944	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135944	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/14/2017
201135944	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201135945	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-03): Client elects to waive. Reviewer Comment (2016-12-28): Seller provided LOE and Post-Close CD dated 12/23/2016. Seller fees are still not consistent. Seller CD fees paid at closing total $31,571.00, while Post-Close CD seller fees paid at closing total $32,524. Exception remains. A Post-Close CD and LOE to the borrower reflecting all seller fees affiliated with the transaction is required.			01/03/2017
Missing award letter.		Reviewer Comment (2017-01-19): Seller provided SS Award Letter for Van Jamison. Reviewer Comment (2017-01-03): Seller provided an LOX stating that the guidelines required the most recent award letter and bank statement or tax returns. Tax returns were provided. However in order to qualify this loan as QM safe harbor, 3 years of continuance must be provided. There is nothing in the file indicating continuance. Exception remains. Reviewer Comment (2016-12-28): Seller provided SSN consent for release of information. Exception remains.	01/19/2017
Due to missing award letter as evidence of continuance.		Reviewer Comment (2017-01-19): Seller provided SS Award Letter for Mona Jamison and Van Jamison. Reviewer Comment (2017-01-03): Seller provided an LOX stating that the guidelines required the most recent award letter and bank statement or tax returns. Tax returns were provided. However in order to qualify this loan as QM safe harbor, 3 years of continuance must be provided. There is nothing in the file indicating continuance. Exception remains.	01/19/2017
		Reviewer Comment (2017-01-12): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/12/2017
Final Closing Disclosure does not reflect the Co-Borrower’s name.		Reviewer Comment (2017-01-12): Seller provided a letter of explanation and a corrected PCCD.		01/12/2017
		Reviewer Comment (2017-01-09): Seller provided verification our Home Loan Toolkit Disclosure was provided to applicant.	01/09/2017
Seller Closing Disclosure reflects Seller paid costs of $xx. Final closing disclosure reflects seller paid costs of $xx.The Borrower’s Final Closing Disclosure does not reflect the release tracking fee and the real estate commission fees as reflected on the Seller’s Closing Disclosure.		Reviewer Comment (2016-12-30): Client elects to waive.			12/30/2016
		Reviewer Comment (2017-01-12): Provided.	01/12/2017
Per the declaration page, the dwelling coverage is $xx with an increased dwelling up to $xx for total of $xx. The loan amount is $xx with an Estimated Cost new of $xx.		Reviewer Comment (2017-01-12): Seller provided replacement cost estimate.	01/12/2017
		Reviewer Comment (2017-01-24): Seller provided an acceptable payment/disbursement history. Reviewer Comment (2017-01-23): First payment date of [MM/DD/YYYY], please provide verification of an acceptable payment/disbursement history.	01/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135945	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135945	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201135946	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135946	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/13/2017
201135946	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201135946	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] VVOE
201135946	Credit	Credit	Misc	Credit Exception:
201135952	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201135952	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135952	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-12): Per the client’s guidance, condition is waived. Reviewer Comment (2017-01-03): Seller provided Post-close CD dated 12/28/2016 reflecting seller paid fees at closing of $23,414.57 and seller paid fees before closing of $4,604.81. Amounts disclosed do not match the seller paid fees on Seller’s CD. Seller’s CD reflects seller paid fees at closing of $22,119.21 and seller paid fees before closing of $2,302.40. Per Reg Z the seller fees are required to be reflected on the seller CD and the borrower CD regardless of where there is a separate seller CD in the file. Please provide a Post-Close CD and LOE to the borrower reflecting all seller fees affiliated with the transaction.			01/12/2017
Seller provided Post-Close CD dated 12/28/2016. Fees and other adjustments were updated on the Post-Close CD which reflects borrower receiving cash to close of $xx. A LOE for the Post-Close CD and proof the refund of $xx was sent to the borrower is required. Exception added 01/03/2017 after review of Post-Close CD.		Reviewer Comment (2017-01-23): Seller provided a refund check with a letter of explanation and a corrected PCCD. Reviewer Comment (2017-01-16): Seller comment states “funds were at Title therefore title issued the borrower refund. An LOX to the borrower is required for all tolerance refunds and PCCD. Please provide the letter to the borrower that explained the refund and was sent with the PCCD. Reviewer Comment (2017-01-12): Seller provided refund check of $1058.82, however a letter of explanation was not provided.		01/23/2017
		Reviewer Comment (2017-01-03): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/03/2017
		Reviewer Comment (2017-01-16): LOX and Pay History are provided.	01/16/2017
Missing all required information for the HOA.		Reviewer Comment (2017-01-09): Seller provided all HOA information.	01/09/2017
Missing a VVOE dated within 10 business days of closing. The file contained a letter from the employer dated 11/10/2016; however it was not within 10 business days of the closing date of [MM/DD/YYYY].		Reviewer Comment (2017-01-16): Seller provided the VVOE for B2. Reviewer Comment (2017-01-09): Seller provided a VVOE for borrower [Redacted] dated 11/23/16, however a VVOE for co-borrower [Redacted] within 10 days of Note date was not provided.	01/16/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-16): Evidence that Note was delivered was provided.	01/16/2017
Due to missing Gap letter for Employment.		Reviewer Comment (2017-02-03): Seller provided VVOE for previous employment documenting full 2 year employment history. Reviewer Comment (2017-01-31): 1003 provided which shows over two year employment history for co-borrower. Seller to provide verbal VOE verifying employment dates and position title with [REDACTED]. Reviewer Comment (2017-01-23): Seller states [REDACTED] - started 4/11/16 so as of initial application date of [MM/DD/YYYY] she would have been there 7 months and 2 weeks. [REDACTED] (previous employer) 9/29/14 - 3/4/16 would be 1 year 5 months (5 days) This would give us 2 years, 2 weeks (5 days). AMC agrees on length of previous employment however a recheck of calculation for current employer is 6 months and 16 days, causing the lack of a full two year employment verification. Reviewer Comment (2017-01-19): Seller provided verification of employment for current employment at [REDACTED] and prior employment at [REDACTED], however the combined employment is 1.98 years which falls short of the full 2 years required to be verified. Verification of prior employment is required. Reviewer Comment (2017-01-12): Seller provided a signed LOE for gap in employment, however with gap, the verified employment history is short the required full 2 years. Please provided additional employment history for[REDACTED]. Reviewer Comment (2017-01-03): Seller provided LOE from borrower, however it is not signed by borrower. Please provide signed LOE.		02/03/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-12): Per the client’s guidance, condition is waived.			01/12/2017
CD data field is blank, calculates to be $275. Cure for $50 Courier and $225 Loan Tie-In fee was not provided.		Reviewer Comment (2017-01-19): Seller provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-01-12): Seller provided same documentation that was previously provided and reviewed on 1/3/17, however a letter of explanation to the borrower regarding the changes to the corrected post close CD was not provided. Reviewer Comment (2017-01-03): Seller comments state they “do not agree that there is a cure required. By virtue of putting them into the category that the borrower could shop for them, it takes them out of the realm of potential cure”. Seller provided Post-close CD dated 12/23/2016 reflecting the Title - Courier of $50 and Title - Loan Tie in fee of $225 on correct section C of the CD, however there is no LOE. Please provide the LOE to the borrower that was sent with the Post-Close CD.		01/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135952	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Courier / Express Mail / Messenger Fee. Fee Amount of $50.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75187)
201135952	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Loan Tie-In Fee. Fee Amount of $225.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75190)
201135952	Compliance	Compliance	Miscellaneous Compliance	QM ATR Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/408935)
201135952	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135952	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201135952	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201135952	Compliance	Compliance	Federal Compliance	Check Restated Loan Designation Match - QM / ATR	Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Safe Harbor QM matches the Due Diligence Loan Designation of Safe Harbor QM.
201135952	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Incomplete loan images/file
201135954	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135954	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Seller Credit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee not disclosed on LE.		Reviewer Comment (2017-01-19): Seller provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-01-12): Seller provided same documentation that was previously provided and reviewed on 1/3/17, however a letter of explanation to the borrower regarding the changes to the corrected post close CD was not provided. Reviewer Comment (2017-01-03): Seller comments state they “do not agree that there is a cure required. By virtue of putting them into the category that the borrower could shop for them, it takes them out of the realm of potential cure”. Seller provided Post-close CD dated 12/23/2016 reflecting the Title - Courier of $50 on correct section C of the CD, however there is no LOE. Please provide the LOE to the borrower that was sent with the Post-Close CD.		01/19/2017
Fee not disclosed on LE		Reviewer Comment (2017-01-19): Seller provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-01-12): Seller provided same documentation that was previously provided and reviewed on 1/3/17, however a letter of explanation to the borrower regarding the changes to the corrected post close CD was not provided. Reviewer Comment (2017-01-03): Seller comments state they “do not agree that there is a cure required. By virtue of putting them into the category that the borrower could shop for them, it takes them out of the realm of potential cure”. Seller provided Post-close CD dated 12/23/2016 reflecting the Title - Loan Tie in fee of $225 on correct section C of the CD, however there is no LOE. Please provide the LOE to the borrower that was sent with the Post-Close CD.		01/19/2017
Missing Letter of Explanation for Gap in employment from 3/4/16 to 4/11/16.		Reviewer Comment (2017-01-31): Exception Cleared. See new request for Client waiver. Reviewer Comment (2017-01-23): Seller states [REDACTED] - started 4/11/16 so as of initial application date of [MM/DD/YYYY] she would have been there 7 months and 2 weeks. [REDACTED] (previous employer) 9/29/14 - 3/4/16 would be 1 year 5 months (5 days) This would give us 2 years, 2 weeks (5 days). AMC agrees on length of previous employment however a recheck of calculation for current employer is 6 months and 16 days, causing the lack of a full two year employment verification. Reviewer Comment (2017-01-19): Seller provided verification of employment for current employment at [REDACTED] and prior employment at [REDACTED], however the combined employment is 1.98 years which falls short of the full 2 years required to be verified. Verification of prior employment is required. Reviewer Comment (2017-01-12): Seller provided a signed LOE for gap in employment, however with gap, the verified employment history is short the required full 2 years. Please provided additional employment history for [REDACTED]. Reviewer Comment (2017-01-03): Seller provided LOE from borrower, however it is not signed by borrower. Please provide signed LOE.	01/31/2017
		Reviewer Comment (2017-02-04): Seller provided satisfactory LOE Reviewer Comment (2017-02-03): Seller provided pay history, but explanation for delay is missing from the file.	02/04/2017
Settlement, Courier, Notary and Loan Tie-In fees reflected in section B, should be in section C. Provider used is not listed on SSPL.		Reviewer Comment (2017-01-19): Seller provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-01-12): Seller provided same documentation that was previously provided and reviewed on 1/3/17, however a letter of explanation to the borrower regarding the changes to the corrected post close CD was not provided. Reviewer Comment (2017-01-03): Seller provided Post-close CD dated 12/23/2016 reflecting the Title - Courier of $50, Title - Notary fee of $175, and Title - Loan Tie in fee of $225 on correct section C of the CD, however Title - Settlement Fee is still on section B and should be on section C. Please provide LOE and Post-Close CD.		01/19/2017
AIG EXCEPTION REQUEST: QM ATR - Employment history requirement not met. Missing letter of Explanation for Gap in Employment from 3/4/16 - 4/11/16. More than 1 month Gap without a letter.		Reviewer Comment (2017-02-02): Gap letter provided.	02/02/2017
		Reviewer Comment (2017-02-04): Employment history fully documented and loan meets Safe Harbor QM designation	02/04/2017
Please provide wire instructions as required for funding.		Reviewer Comment (2017-02-08): Wiring instructions received.	02/08/2017
		Reviewer Comment (2016-12-27): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/27/2016
Seller credit of $xx is not reflected in the calculating cash to close section, however summaries of transaction section reflects Seller Credit of $xx under other credits.		Reviewer Comment (2017-01-09): Seller provided letter of explanation and corrected PCCD.		01/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135954	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135954	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135954	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $3,233.90 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201135954	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/06/2017
201135954	Credit	Property - Appraisal	Appraisal Documentation	Missing Document: Appraisal was made “subject to” and Form 442 was not provided.	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135954	Compliance	Compliance	Federal Compliance	TRID Service Provider - Compliant	TILA-RESPA Integrated Disclosure: Settlement Service Provider List did not provide at least one available provider for each settlement service borrower is entitled to shop for or inform borrower they may choose different provider from list.
201135954	Credit	Credit	Misc	Credit Exception:
201135954	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201135954	Credit	Credit	Misc	Credit Exception:
201135955	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No cure was found related to the zero tolerance origination charge.		Reviewer Comment (2016-12-27): A valid change of circumstance disclosure was provided	12/27/2016
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2016-12-27): Per the client’s guidance, the condition is waived.			12/27/2016
LE issued on 04/05/2016 shows $0.00 discount points. All other LE’s show discount fee of $xx and all CD’s show discount points of $xx. Valid COC’s in file.		Reviewer Comment (2016-12-27): A valid change of circumstance disclosure was provided	12/27/2016
		Reviewer Comment (2017-01-13): Seller provided the LOX and Pay History.	01/13/2017
Final inspection has not been provided. Property was 60% complete at the time of inspection.		Reviewer Comment (2017-01-02): Seller provided the property Completion report.	01/02/2017
There are no available providers listed on the SSPL. It is marked N/A.		Reviewer Comment (2017-01-02): Seller Provided the full and complete SSPL.	01/02/2017
File is missing HOA information as required per guidelines. Please provide HOA address, contact name and phone number as well as email address.		Reviewer Comment (2017-01-09): Seller provided all HOA information.	01/09/2017
New exception: Seller provided PCCD dated 1/5/17, the Survey fee in Section B does not include a payee, payee must reflect the actual vendor is some manor (FBO, reimbursement to, etc).		Reviewer Comment (2017-01-12): Seller provided letter of explanation and corrected PCCD.		01/12/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-12): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/12/2017
		Reviewer Comment (2016-12-27): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/27/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135955	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135955	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135955	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135956	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135956	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135956	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Email is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135956	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135956	Compliance	Compliance	Federal Compliance	TRID non-compliant: Missing Seller’s Closing Disclosure.
201135956	Credit	Credit	Misc	Credit Exception:
201135957	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-29): Client elects to waive.			12/29/2016
Missing all HOA contact information.		Reviewer Comment (2017-01-02): Seller provided the full HOA information.	01/02/2017
		Reviewer Comment (2017-01-02): Seller provided Pay History and LOX	01/02/2017
		Reviewer Comment (2016-12-27): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/27/2016
		Reviewer Comment (2017-01-16): First Payment not due yet. LOX and Pay history provided.	01/16/2017
Missing Tax ID and email address.		Reviewer Comment (2017-01-09): Seller provided Tax ID and HOA email.	01/09/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-11): Client elects to waive. Reviewer Comment (2017-01-09): Seller provided a PCCD dated 12/29/16, however Rel Estate Commission are reflected in incorrect Section B, these fees should be reflected in Section H, also please provide letter of explanation to borrower.			01/11/2017
		Reviewer Comment (2017-01-09): Seller provided Seller CD.		01/09/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-16): Evidence that Note was delivered to custodian has been provided.	01/16/2017
		Reviewer Comment (2016-12-27): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/27/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135957	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/06/2017
201135957	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201135957	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201135957	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Seller Credit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201135957	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201135957	Credit	Credit	Misc	Credit Exception:
201135960	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135960	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201135960	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201135962	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-24): Seller provided an acceptable payment/disbursement history. Reviewer Comment (2017-01-23): First pay date [MM/DD/YYYY], please provide verification of an acceptable payment/disbursement history.	01/24/2017
The imaged document of the P&L was illegible and the borrower’s identification was superimposed over the document.		Reviewer Comment (2017-01-02): Seller provided the clear P&L.	01/02/2017
The file is missing the P&L causing the loan to be Non-QM.		Reviewer Comment (2017-01-02): Seller provided the clear P&L.	01/02/2017
Calculating Cash to Close table shows Seller Credit as $0 - Summaries of Transactions shows $xx		Reviewer Comment (2017-01-02): Seller provided a corrected CD and LOX to the borrower		01/02/2017
		Reviewer Comment (2017-01-23): Seller provided Seller’s CD. Reviewer Comment (2017-01-12): Seller provided CD, however this was for the incorrect seller, please provide correct Seller CD (Linh Quoc Le) Reviewer Comment (2017-01-09): Seller provided settlement statement, please provide Seller CD.	01/23/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-12): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/12/2017
		Reviewer Comment (2016-12-27): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/27/2016
ROR reflects the actual date of transaction as [MM/DD/YYYY] with an expiration date of [MM/DD/YYYY]. Final CD reflects a closing date of [MM/DD/YYYY] and a disbursement date of [MM/DD/YYYY].		Reviewer Comment (2017-01-04): Seller provided a copy of the post-close CD and letter sent to the borrower correcting the closing date and disbursement date.		01/04/2017
Consummation was [MM/DD/YYYY]. Final CD reflects a closing date of [MM/DD/YYYY] and a disbursement date of [MM/DD/YYYY].		Reviewer Comment (2017-01-04): Seller provided a copy of the post-close CD and letter sent to the borrower correcting the closing date and disbursement date.		01/04/2017
		Reviewer Comment (2017-01-05): See new condition. Reviewer Comment (2017-01-04): Documentation not provided. Reviewer Comment (2016-12-29): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135962	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135962	Credit	Loan Package Documentation	Application / Processing	Missing Valuation:	Valuation Type: Appraisal / Valuation Report Date: <empty>
201135962	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135962	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $170.00 exceeds tolerance of $150.00 plus 10% or $165.00. Sufficient or excess cure was provided to the borrower. (0)
201135962	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135962	Credit	Credit	Misc	Credit Exception:
201135963	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135963	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135963	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135965	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-25): Not required.	01/25/2017
		Reviewer Comment (2017-01-04): Seller provided the Appraisal	01/04/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-29): Per the client’s guidance, the condition is waived.			12/29/2016
$xx cure provided on Closing Disclosure		Reviewer Comment (2016-12-29): $5 cure provided on Closing Disclosure		12/29/2016
Missing all required HOA information per the guidelines.		Reviewer Comment (2017-01-09): Seller provided HOA information.	01/09/2017
Evidence Note was delivered to Custodian is not provided.		Reviewer Comment (2017-01-19): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/19/2017
		Reviewer Comment (2016-12-28): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/28/2016
		Reviewer Comment (2017-01-05): Pay History and LOX provided.	01/05/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-05): Client elects to waive.			01/05/2017
		Reviewer Comment (2016-12-29): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/29/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135965	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $584.00 exceeds tolerance of $525.00. Sufficient or excess cure was provided to the borrower. (7506)
201135965	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135965	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135971	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135971	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/13/2017
201135971	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201135973	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135973	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/19/2017
201135973	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135973	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $65.00 exceeds tolerance of $54.00 plus 10% or $59.40. Sufficient or excess cure was provided to the borrower. (0)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Erroneous exception: Lender credit was issued on the final CD for xx to cure the under disclosure.		Reviewer Comment (2016-12-25): Cure was disclosed on the final CD for $59.00.		12/25/2016
		Reviewer Comment (2016-12-29): 1st pymt 01/01/2017. Purchase transaction	12/29/2016
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-29): Per the client’s guidance, the condition is waived.			12/29/2016
		Reviewer Comment (2016-12-29): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/29/2016
		Reviewer Comment (2017-01-04): LOX and Pay History Provided.	01/04/2017
Missing All Required information for the HOA		Reviewer Comment (2017-01-04): Seller provided the complete HOA information.	01/04/2017
		Reviewer Comment (2016-12-28): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/28/2016
		Reviewer Comment (2017-01-23): Not required first pay [MM/DD/YYYY].	01/23/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2016-12-28): Per the client’s guidance, the condition is waived.			12/28/2016
($5.60) violation due to increase in (Recording fee(s)).		Reviewer Comment (2017-01-16): Seller provided LOX and PCCD along with tolerance refund and proof of delivery.		01/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135973	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $734.00 exceeds tolerance of $634.00. Sufficient or excess cure was provided to the borrower. (7506)
201135973	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $77.99 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower. (7520)
201135973	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED] Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201135973	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201135974	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135974	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135974	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Tax ID is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201135974	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135974	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $86.50 exceeds tolerance of $70.00. Sufficient or excess cure was provided to the borrower. (7520)
201135975	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as ($xx) on (LE dated 11/03/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2016-12-28): The cure was provided on the post-close CD.		12/28/2016
Fee disclosed as ($xx) on (LE dated 11/03/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2016-12-28): The cure was provided on the post-close CD.		12/28/2016
The file was missing a copy of the current lease agreement for the investment property located at [REDACTED] as required by the guidelines and Appendix Q.		Reviewer Comment (2017-01-23): Seller provided evidence lease is automatically renewed on a month to month basis after expiration of leasing period. Reviewer Comment (2017-01-16): Seller provided a Lease agreement, however the lease provided expired on 1/1/16. there was not a renewal clause in the agreement. Please provide a current agreement that is valid through the closing date.	01/23/2017
The loan is Non-QM due to the file was missing a copy of the current lease agreement for the investment property located at [REDACTED] as required by the guidelines and Appendix Q.		Reviewer Comment (2017-01-23): Seller provided evidence lease is automatically renewed on a month to month basis after expiration of leasing period. Reviewer Comment (2017-01-16): Seller provided a Lease agreement, however the lease provided expired on 1/1/16. there was not a renewal clause in the agreement. Please provide a current agreement that is valid through the closing date.	01/23/2017
		Reviewer Comment (2016-12-28): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/28/2016
		Reviewer Comment (2017-01-12): Seller provided acceptable payment/disbursement history.	01/12/2017
Missing all required information for the HOA.		Reviewer Comment (2017-01-12): Seller provided HOA contact information. Reviewer Comment (2017-01-02): Seller provided some of the HOA information, but not all. Please provide the contact number and email address for the primary contact at the HOA.	01/12/2017
Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller paid fees were not reflected on the Borrower’s Final CD.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-02): Client elects to waive.			01/02/2017
Fee disclosed as $xx on Loan Estimate but disclosed as $xx on Final Closing Disclosure. Lender provided cure of $xx at closing, as reflected on Final Closing Disclosure.		Reviewer Comment (2016-12-28): Fee disclosed as $70 on Loan Estimate but disclosed as $86.50 on Final Closing Disclosure. Lender provided cure of $xx at closing, as reflected on Final Closing Disclosure.		12/28/2016
		Reviewer Comment (2016-12-29): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/29/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135975	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201135975	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/05/2017
201135975	Credit	Credit	Misc	Credit Exception:
201135982	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135982	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201135982	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/07/2017
201135982	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Flood Insurance Premium under Prepaids. (Final/[MM/DD/YYYY])
201135982	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201135982	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135982	Credit	Credit	Credit Eligibility	Guideline Issue: Foreclosure timeline outside of credit guidelines

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-19): Seller provided a letter of explanation. Reviewer Comment (2017-01-13): Seller provided same documentation that was previously provided and reviewed on 1/9/2017, however a letter of explanation to the changes made was not provided. Reviewer Comment (2017-01-09): Seller provided a corrected PCCD dated 1/4/17, however a letter of explanation to borrower was not provided.	01/19/2017
		Reviewer Comment (2017-01-19): Not required.	01/19/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-19): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/19/2017
		Reviewer Comment (2017-01-23): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/23/2017
Fraud report has not been provided in the loan documents.		Reviewer Comment (2017-01-23): Seller provided Fraud Report.	01/23/2017
		Reviewer Comment (2017-01-25): Seller provided an acceptable payment/disbursement history.	01/25/2017
The number of months field is incorrectly disclosed as 0. The field should be 12 months.		Reviewer Comment (2017-01-09): Seller provided a letter of explanation and a corrected PCCD dated 1/3/17 showing 12 months Flood insurance in Prepaids.		01/09/2017
The home loan toolkit disclosure has not been provided in the loan documents.		Reviewer Comment (2017-01-09): Seller provided verification Your Home Loan Toolkit Disclosure was provided to applicant.	01/09/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2016-12-30): Client elects to waive.			12/30/2016
Previous foreclosure 6 yrs prior to Close vs 7 yrs minimum requirement per guidelines. Fraud report reflects a foreclosure.		Reviewer Comment (2017-02-09): AIG approved exception. Approval in file (TD 2/8/17).	02/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135982	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Incomplete loan images/file
201135982	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Loan images/file not provided
201135982	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account statement Inaccurate	RESPA (2010): Initial escrow account statement does not match charges on Final Closing Disclosure.
201135982	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/110974)
201135982	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/110974)
201135983	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135983	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201135983	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201135983	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201135983	Compliance	Compliance	State Compliance	South Carolina Home Loan (Complaint Agency Disclosure Not Provided)	South Carolina Home Loan: Borrower not provided with a document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Wire instructions are not in the file.		Reviewer Comment (2017-02-09): Seller provided wiring instructions	02/09/2017
Missing the evidence of insurance for both the Flood insurance and the Hazard, only the binder was found in the file.		Reviewer Comment (2017-02-08): Hazard and flood policies provided. See additional exceptions resulting from increase in insurance premium over what was initially disclosed.	02/08/2017
		Reviewer Comment (2017-03-02): Documents provided by the seller are acceptable to the Client. Reviewer Comment (2017-02-28): Seller provided a copy of the check to the insurance company as well as the insurance Binder, however the Final CD still does not match the initial Account statement, or IEAD. Exception Remains. Reviewer Comment (2017-02-13): A hazard insurance binder was provided in the original file with a premium disclosed on the final CD of $2,528.00; however when the hazard insurance policy was received, the premium was disclosed as $2,650.00. Therefore the initial escrow payment is incorrect on the CD and the IEAD doesn’t not match. A post-close CD with the correct hazard premium, escrow payment, and estimated minimum total payment is required with a letter of explanation sent to the borrower disclosing the changes, an updated IEAD, and updated first payment letter. Reviewer Comment (2017-02-08): Hazard policy premium is higher than what was disclosed.	03/02/2017
		Reviewer Comment (2017-03-02): Documents provided by the seller are acceptable to the Client. Reviewer Comment (2017-02-28): Seller provided a copy of the check to the insurance company as well as the insurance Binder, however the Final CD paystream does not accurately Match the actual payment. Exception Remains. Reviewer Comment (2017-02-13): A hazard insurance binder was provided in the original file with a premium disclosed on the final CD of $2,528.00; however when the hazard insurance policy was received, the premium was disclosed as $2,650.00. Therefore the initial escrow payment is incorrect on the CD and the IEAD doesn’t not match. A post-close CD with the correct hazard premium, escrow payment, and estimated minimum total payment is required with a letter of explanation sent to the borrower disclosing the changes, an updated IEAD, and updated first payment letter. Reviewer Comment (2017-02-08): Hazard policy premium is higher than what was disclosed.	03/02/2017
		Reviewer Comment (2017-03-02): Documents provided by the seller are acceptable to the Client. Reviewer Comment (2017-02-28): Seller provided a copy of the check to the insurance company as well as the insurance Binder, however the Final CD paystream does not accurately Match the actual payment. Exception Remains. Reviewer Comment (2017-02-13): A hazard insurance binder was provided in the original file with a premium disclosed on the final CD of $2,528.00; however when the hazard insurance policy was received, the premium was disclosed as $2,650.00. Therefore the initial escrow payment is incorrect on the CD and the IEAD doesn’t not match. A post-close CD with the correct hazard premium, escrow payment, and estimated minimum total payment is required with a letter of explanation sent to the borrower disclosing the changes, an updated IEAD, and updated first payment letter. Reviewer Comment (2017-02-08): Hazard policy premium is higher than what was disclosed.	03/02/2017
		Reviewer Comment (2016-12-29): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/29/2016
		Reviewer Comment (2017-01-04): Seller provided a copy of the fraud report	01/04/2017
Homeowners policy is not expiring within 30 days of purchase.		Reviewer Comment (2017-01-31): LOX and Pay History are provided.	01/31/2017
The FNC score is 241, per the guidelines a field review is required.		Reviewer Comment (2017-01-31): Seller provided verification of Appraisal provided to the borrower. Reviewer Comment (2017-01-19): Seller provided a second appraisal however verification of when appraisal was provided to borrower was not provided. Reviewer Comment (2017-01-12): Seller provided same documentation that was previously provided and reviewed on 1/10/17 however this is the appraisal that was included in the file as the final appraisal. A second appraisal is required due to the FNC score being 241. Reviewer Comment (2017-01-09): Seller provided appraisal provided in original file. Please provide field review.	01/31/2017
		Reviewer Comment (2017-01-09): Seller provided disclosure 10/13/16 signed by borrowers.	01/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135983	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201135983	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135983	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135983	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,280.10 exceeds tolerance of $770.00. Insufficent or no cure was provided to the borrower. (7200)
201135983	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201135983	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/11/15/2016)
201135983	Credit	Credit	Misc	Credit Exception:
201135983	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Secondary/11/10/2016)
201135983	Credit	Credit	Misc	Missing Document: Credit Letter of Explanation (LOE) not provided
201135984	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-04): Seller provided a copy of the Home Loan Toolkit Disclosure.	01/04/2017
Cure for Loan Discount points of $510 was not provided.		Reviewer Comment (2017-01-19): Cure provided on Final CD. Reviewer Comment (2017-01-09): Seller provided same CD dated 11/22/16 that was previously provided in file.	01/19/2017
Seller Closing Disclosure Seller Paid Fees Total $xx. Borrower Closing Disclosure Seller Paid Fees Total $xx.		Reviewer Comment (2016-12-29): Per the client’s guidance, the condition is waived.			12/29/2016
Fee disclosed as $xx on Loan Estimate dated 11/10/2016, but disclosed as $xx. Valid Change of Circumstance not provided regarding the increase.		Reviewer Comment (2017-01-19): Cure provided on Final CD. Reviewer Comment (2017-01-09): Seller provided same CD dated 11/22/16 that was previously provided in file.	01/19/2017
		Reviewer Comment (2017-01-04): Seller provided a copy of the e-consent disclosure.	01/04/2017
The file did not contain proof the borrower received a copy of the appraisal.		Reviewer Comment (2017-01-12): Provided. Reviewer Comment (2017-01-12): Seller provided same documentation that was previously provided and reviewed on 1/10/17 however this is the appraisal that was included in the file as the final appraisal. A second appraisal is required due to the FNC score being 241. Reviewer Comment (2017-01-09): Seller provided appraisal acknowledgment dated by borrowers 11/2/16 before the report date of [MM/DD/YYYY], please provide verification of when borrower received the appraisal.	01/12/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-07-26): Seller provided the Attestation indicating that the Note was delivered to the Custodian as required. Reviewer Comment (2017-07-26): Seller provided updated documentation. Reviewer Comment (2017-01-31): Duplicate exception - cleared above.	07/26/2017
Seller provided a second appraisal however verification of when appraisal was provided to borrower was not provided.		Reviewer Comment (2017-01-31): Seller provided verification of Appraisal provided to the borrower.	01/31/2017
IEAD and final CD do not match. Please provide revised documents.		Reviewer Comment (2017-02-13): The final CD and IEAD matched.	02/13/2017
		Reviewer Comment (2017-01-03): Evidence was provided that Note was delivered.	01/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135984	Compliance	Compliance	State Compliance	Note Error: Note late charge percentage exceeds maximum per state
201135984	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/07/2017
201135984	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135984	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $1,220.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (8304)
201135984	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135985	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135985	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/12/2017
201135985	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201135985	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $966.00 exceeds tolerance of $841.00 plus 10% or $925.10. Sufficient or excess cure was provided to the borrower. (0)
201135986	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Note reflects late charge of 5% after 15 days. State guidelines allow up to 4% after 15 days.		Reviewer Comment (2017-01-03): 5% acceptable due to loan amount >xx.	01/03/2017
		Reviewer Comment (2017-01-03): First payment due[MM/DD/YYYY].	01/03/2017
		Reviewer Comment (2016-12-30): Erroneous Reg ID 3060. This fee was seller paid, and is customarily paid by Seller in the state of NC.		12/30/2016
Erroneous Reg ID 3060. This fee was seller paid, and is customarily paid by Seller in the state of NC.		Reviewer Comment (2016-12-30): Erroneous Reg ID 3060. This fee was seller paid, and is customarily paid by Seller in the state of NC.		12/30/2016
Final closing disclosure reflects seller paid fees of $xx. Seller Closing Disclosure reflects seller paid costs of $xx.		Reviewer Comment (2016-12-30): Client elects to waive.			12/30/2016
		Reviewer Comment (2016-12-28): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/28/2016
		Reviewer Comment (2017-01-02): Seller provided the LOX and Pay History.	01/02/2017
Disclosure reflects Closing Costs Financed as $0. The calculated Closing Costs Financed are $xx.		Reviewer Comment (2017-01-02): Seller Provided a Corrected CD and LOX to the borrower		01/02/2017
		Reviewer Comment (2016-12-28): The cure was provided on the final CD.		12/28/2016
		Reviewer Comment (2016-12-28): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/28/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135986	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201135986	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135986	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201135986	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $776.00 exceeds tolerance of $575.00. Sufficient or excess cure was provided to the borrower. (7506)
201135986	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $58.04 exceeds tolerance of $29.00. Sufficient or excess cure was provided to the borrower. (7520)
201135986	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/09/2017
201135993	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135993	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/01/2017
201135993	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201135993	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of [MM/DD/YYYY] but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2016-12-28): A post-close CD dated 11/30/2016 (day of funding) was provided with the correct closing date.		12/28/2016
		Reviewer Comment (2016-12-28): The cure was provided on the post-close CD (dated the same day as funding).		12/28/2016
		Reviewer Comment (2017-01-02): Seller provided evidence that the toolkit was provided to the borrower.	01/02/2017
Fee was disclosed as $xx on Loan Estimates but disclosed as $xx on Final Closing Disclosure. Amended Closing Disclosure dated 11/30/2016 reflects cure of $xx. The cure was provided on the disbursement date.		Reviewer Comment (2016-12-28): Fee was disclosed as $xx on Loan Estimates but disclosed as $xx on Final Closing Disclosure. Amended Closing Disclosure dated 11/30/2016 reflects cure of $xx. The cure was provided on the disbursement date.		12/28/2016
Fee was disclosed as $xx on Loan Estimates but disclosed as $xx on Final Closing Disclosure. Amended Closing Disclosure dated 11/30/2016 reflects cure of $xx.		Reviewer Comment (2016-12-28): Fee was disclosed as $xx on Loan Estimates but disclosed as $xx on Final Closing Disclosure. Amended Closing Disclosure dated 11/30/2016 reflects cure of $xx. The cure was provided on the disbursement date.		12/28/2016
		Reviewer Comment (2017-01-02): LOX and Pay History were provided.	01/02/2017
		Reviewer Comment (2017-01-06): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/06/2017
		Reviewer Comment (2017-01-23): Seller provided an acceptable payment/disbursement history.	01/23/2017
The Final Closing Disclosure reflects an Issue date of [MM/DD/YYYY] with a Closing and Disbursement date of [MM/DD/YYYY]. The Closing/confirmation date is [MM/DD/YYYY].		Reviewer Comment (2017-01-23): Seller provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-01-06): Seller provided a post-close CD with a corrected closing date of [MM/DD/YYYY]; however a copy of the letter of explanation sent to the borrower was not provided. Condition remains.		01/23/2017
Seller Closing Disclosure reflects Seller paid costs of $xx. Final closing disclosure reflects seller paid costs of $xx.		Reviewer Comment (2016-12-30): Client elects to waive.			12/30/2016

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135994	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135994	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/06/2017
201135996	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135996	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201135996	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201135996	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.
201135996	Credit	Assets	Asset Calculation / Analysis	Cash available for Closing is insufficient to cover Cash From Borrower.
201135996	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201135996	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	___
201135996	Credit	Credit	Credit Documentation	No evidence of fraud report in file	Credit Report: Original // Borrower: [REDACTED], Credit Report: Original // Borrower: [REDACTED]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-06): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/06/2017
		Reviewer Comment (2017-01-06): 1st payment [MM/DD/YYYY]; Insurance does not expire within 30 days	01/06/2017
		Reviewer Comment (2017-01-06): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/06/2017
E-sign disclosure has not been provided in the loan documents.		Reviewer Comment (2017-01-06): Seller provided a copy of the e-consent disclosure.	01/06/2017
The Home loan toolkit disclosure has not been provided in the loan documents.		Reviewer Comment (2017-01-06): Seller provided a copy of the disclosure.	01/06/2017
Evidence of sale of departing home has not been provided. Borrowers are short cash to close and reserves.		Reviewer Comment (2017-01-06): Seller provided a copy of the CD from the sale of the departure residence.	01/06/2017
Evidence of sale of departing home has not been provided. Borrowers are short cash to close and reserves.		Reviewer Comment (2017-01-06): Seller provided a copy of the CD from the sale of the departure residence.	01/06/2017
Fraud report has not been provided in the loan documents.		Reviewer Comment (2017-01-06): A copy of the fraud report was provided.	01/06/2017
		Reviewer Comment (2017-01-06): 1st payment [MM/DD/YYYY]; Purchase	01/06/2017
		Reviewer Comment (2017-01-06): Seller provided a copy of the fraud report.	01/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135996	Credit	Borrower and Mortgage Eligibility	Mortgage / Program Eligibility	AUS Findings: Investor qualifying total debt ratio discrepancy.
201135996	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: Cash From Borrower discrepancy.
201135996	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - ATR	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.
201135996	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Investor Guidelines	Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk.
201135996	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135997	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135997	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	___
201135997	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/11/17/2016)
201135997	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201135997	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Evidence of sale of departing residence has not been provided. Current housing payment is included in the DTI. DTI is within lender guideline.		Reviewer Comment (2017-01-06): Seller provided a copy of the CD from the sale of the departure residence.	01/06/2017
Evidence of sale of departing residence has not been provided, borrowers are short cash to close.		Reviewer Comment (2017-01-06): Seller provided a copy of the CD from the sale of the departure residence.	01/06/2017
Evidence of sale of departing residence has not been provided, borrowers are short cash to close and reserves. Full housing payment has been included in DTI.		Reviewer Comment (2017-01-06): Seller provided a copy of the CD from the sale of the departure residence.	01/06/2017
Evidence of sale of departing residence has not been provided, borrowers are short cash to close and reserves. Full housing payment has been included in DTI.		Reviewer Comment (2017-01-06): Seller provided a copy of the CD from the sale of the departure residence.	01/06/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-30): Client elects to waive			12/30/2016
		Reviewer Comment (2016-12-29): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	12/29/2016
		Reviewer Comment (2017-01-06): 1st payment [MM/DD/YYYY]; Purchase	01/06/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-01-06): Seller provided proof of receipt of the initial CD.	01/06/2017
3638 TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2016-12-29): Per the client’s guidance, the condition is waived.			12/29/2016
Cure for appraisal fee of $340.00 was not provided.		Reviewer Comment (2017-01-06): Seller provided a valid change of circumstance disclosure.	01/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135997	Credit	Credit	Misc	Credit Exception:
201135997	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $825.00 exceeds tolerance of $485.00. Insufficent or no cure was provided to the borrower. (7506)
201135999	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201135999	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201135999	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201135999	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $160.00 exceeds tolerance of $125.00 plus 10% or $137.50. Insufficient or no cure was provided to the borrower. (0)
201135999	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $2,027.08 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201135999	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201135999	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201135999	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/03/2017

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Loan was approved subject to receipt of a fully executed Final CD or disbursement statement from the sale of the borrower’s departure residence with proceeds of approximately $xx with a copy of the wire transfer from the title company to show funds were wired to closing. The file contained an estimated CD from the sale of the departure, but the final CD and proof of wire was not provided. If property was not sold prior to or simultaneous with the subject, the DTI must be recalculated.		Reviewer Comment (2017-01-06): Seller provided a copy of the CD from the sale of the departure residence.	01/06/2017
Fee disclosed as $xx on the initial LE dated 10/21/2016, but disclosed as $xx on all subsequent LE’s, CD’s and the Final Closing Disclosure. The file did not contain a valid change of circumstance disclosure for the increased fee.		Reviewer Comment (2017-01-06): Seller provided a valid change of circumstance disclosure.	01/06/2017
		Reviewer Comment (2017-01-03): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/03/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-12): Seller provided Letter of Explanation & Corrected Closing Disclosure dated 1/10/17. Reviewer Comment (2017-01-10): Seller provided a corrected PCCD dated 1/5/17, however a letter of explanation to borrower was not provided.		01/12/2017
Seller closing disclosure reflects seller paid costs of $xx. Final Closing Disclosure reflects seller paid costs of $xx.		Reviewer Comment (2017-01-03): Per the client’s guidance, the condition is waived.			01/03/2017
$35.00 violation due to increase in Recording Fee. A valid change of circumstance disclosure was not provided for the increased recording fee.		Reviewer Comment (2017-01-12): Seller provided Letter of Explanation & Corrected Closing Disclosure.		01/12/2017
Borrower signed two LE’s dated 11/14/2016. One LE discloses the Loan Discount Points of $xx and the other does not disclose the Loan Discount Fee. The valid change of circumstance disclosures were not provided removing the fee and then adding it back.		Reviewer Comment (2017-01-12): Seller provided Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD Reviewer Comment (2017-01-10): Seller provided valid COC for discounts points being added, however previous LE dated the same day removed the fee that had been previously disclosed on prior LE’s, making the LE dated 11/14 without discounts points the binding LE due to no valid COC as to why fee had been removed. Condition remains.		01/12/2017
The number of months prepaid for taxes on Line 5 of Section F of the final CD, was blank.		Reviewer Comment (2017-01-12): Seller provided Letter of Explanation & Corrected Closing Disclosure.		01/12/2017
Cure for various 0% and 10% tolerance violations $2,062.00 was not provided. Note: the file did not contain a valid change of circumstance disclosures for the LE’s issued 11/14/2016 that removed the discount points, increased the recording fee, and then added the discount points back.		Reviewer Comment (2017-01-12): Seller provided Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD		01/12/2017
		Reviewer Comment (2017-01-12): Seller provided a written explanation for the delay and verification of an acceptable payment/disbursement history.	01/12/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201135999	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201135999	Credit	Credit	Misc	Credit Exception:
201139473	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201139473	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/10/21/2016)
201139473	Compliance	Compliance	Federal Compliance	Flood Insurance Escrow - Flood not Escrowed for Property in Flood Zone	Loan originated post December 2015, the subject property is in a flood zone, flood insurance is not escrowed.
201139473	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201139473	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-2,400.00. (9300)
201139473	Compliance	Compliance	Federal Compliance	TRID Revised Loan Estimate Timing Before Closing	TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 11/22/2016 not received by borrower at least four (4) business days prior to closing. (Interim/11/22/2016)
201139473	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $400.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7508)
201139473	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-10): Seller provided HOA information.	01/10/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-12): Provided.	01/12/2017
		Reviewer Comment (2017-01-10): Seller provided Fraud Report.	01/10/2017
Evidence in file borrower received original appraisal report on 10/11/2016, prior to corrections completed by appraiser (appraisal effective date is 10/04/2016, but report date is [MM/DD/YYYY].)		Reviewer Comment (2017-01-10): Seller provided waiver for right to receive a copy of Valuation with clerical revisions.	01/10/2017
		Reviewer Comment (2017-02-10): Corrected CD and cover letter to borrowers provided. Reviewer Comment (2017-02-08): Seller provided the folowing regarding the flood insurance escrow: LOE to borrower, signed corrected final CD, IEAD, first payment letter and check from borrower to establish escrow account. However CD incorrectly states that there will not be an escrow account on page 4. Reviewer Comment (2017-01-10): Seller provided escrow waiver, however Homeowner Flood Insurance Affordability Act of 2014 requires flood insurance to be escrowed.	02/10/2017
Cure of $xx was reflected, which is insufficient to cure $2,800.00.		Reviewer Comment (2017-02-22): Seller provided a COC for reduction in lender credit from $800 to $0. Reviewer Comment (2017-02-14): COC provided shows credit changed from $2,400 to $800 due to re-lock; however, PCCD reflects credit and cure of $xx only, which is for the review appraisal. There is still an $800 credit that was not reflected on the final CD. Reviewer Comment (2017-02-10): Exception remains.	02/22/2017
Lender credit disclosed as $xx on LE dated 9/29/2016, but disclosed as $xx on Final CD.		Reviewer Comment (2017-02-22): Seller provided a COC for reduction in lender credit from $800 to $0. Reviewer Comment (2017-02-16): Seller provided a COC lowering loan amount however the fee changes reflect per diem interest & title insurance and does not reflect the reduction of the lender credit. Exception remains. Reviewer Comment (2017-02-10): Exception remains.	02/22/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-01-12): Seller provided evidence of borrower receipt .	01/12/2017
Fee was not disclosed on LE. Final CD reflects $xx tolerance cure, however, this amount is not sufficient to cure all of the tolerance violations.		Reviewer Comment (2017-02-22): Seller provided a COC for reduction of lender credit from $800 to $0. Reviewer Comment (2017-02-16): Seller provided a PCCD dated 1/26/2017 reflecting the $400 cure, however the cure for $800 for lender credit violation as not been provided. Exception remains.	02/22/2017
Hazard coverage is short by $54,400, however and email located in the loan file indicates property is covered by replacement cost. There is no indication property has Guaranteed Replacement Cost coverage.		Reviewer Comment (2017-01-10): Seller provided hazard insurance policy reflecting coverage amount is replacement cost value.	01/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139473	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/13/2017
201139473	Credit	Credit	Misc	Credit Exception:
201139473	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201139475	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/29/2016
201139475	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201139475	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201139475	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201139475	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-2,900.50 is less than amount of binding Lender Credit previously disclosed in the amount of $-3,210.00. (9300)
201139475	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Phone is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201139476	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/20/2017

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-02-22): Pay history has been provided, all conditions have been cleared. Reviewer Comment (2017-02-17): Evidence of January payment has been provided. Exception will be cleared when all other exceptions have been cleared.	02/22/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-12): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/12/2017
Seller’s Wiring Instructions missing from the file.		Reviewer Comment (2017-02-10): Wiring instructions provided.	02/10/2017
		Reviewer Comment (2017-01-20): Seller provided LOX for delay in sale and pay history evidencing loan current.	01/20/2017
		Reviewer Comment (2017-01-17): Seller provided a copy of the fraud report.	01/17/2017
		Reviewer Comment (2017-01-17): Seller provided a copy of the initial CD	01/17/2017
		Reviewer Comment (2017-01-17): Seller provided a valid change of circumstance disclosure for the reduction of the lender credit.	01/17/2017
		Reviewer Comment (2017-01-17): Seller provided a valid change of circumstance disclosure for the reduction of the lender credit.	01/17/2017
All HOA information required per guidelines is not in file.		Reviewer Comment (2017-01-20): Seller provided all required HOA documentation in 12/20 trailing docs	01/20/2017
		Reviewer Comment (2017-01-17): Seller provided an acceptable payment/disbursement history.	01/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
X	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139476	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Email is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201139476	Credit	Credit	Misc	Credit Exception:
201139476	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201139480	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201139480	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED] 4506 or 4506-T 4506 or 4506-T
201139480	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	12/30/2016
201139480	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/10/25/2016)
201139480	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201139480	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201139480	Credit	Assets	Asset Documentation	Assets Error: Accounts are missing

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing HOA Company Email, all other HOA information was provided.		Reviewer Comment (2017-01-17): Seller states: HOA agent will not provide email address- please grant an exception as all other information was provided. Reviewer Comment (2017-01-13): Please provide the email for the Homeowners Association contact. Reviewer Comment (2017-01-10): Seller states HOA agent does not provide an email address, however email is required even if it’s a personal email of someone on the board of directors.	01/17/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed. Reviewer Comment (2017-01-13): Cleared by mistake. Condition Remains. Reviewer Comment (2017-01-13): Provided.	01/17/2017
Exception requested. HOA agent will not provide email address- please grant an exception as all other information was provided.		Reviewer Comment (2017-01-19): Enough HOA data received that no waiver is required.	01/19/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/17/2017
		Reviewer Comment (2017-01-19): Received copy of executed 4506T	01/19/2017
		Reviewer Comment (2017-01-19): First payment due [MM/DD/YYYY], pay history and LOX not required.	01/19/2017
The file was missing documentation verifying the borrower received a copy of the appraisal.		Reviewer Comment (2017-01-10): Seller provided verification appraisal sent to borrower 10/25/16.	01/10/2017
CD shows closing date of [MM/DD/YYYY], however actual consummation date is [MM/DD/YYYY].		Reviewer Comment (2017-01-17): Seller provided a Letter of Explanation & Corrected PCCD dated 1/16/2017. Reviewer Comment (2017-01-10): Seller states: The Date of Closing on the Closing Disclosure is based on an expected date of consummation. This is typical in an escrow state; the closing documents are often signed later than expected. It is not a requirement to update the date of closing on the Closing Disclosure; as there is no timing impact of the client signing after the expected signature date. However a PCCD with corrected closing date is required.		01/17/2017
Seller Final CD reflects total Seller Paid Fees of $xx, vs Borrower Final CD which reflects total Seller Paid Fees of $xx.		Reviewer Comment (2017-01-04): Per the client’s guidance, the condition is waived.			01/04/2017
The file was missing a copy of the HUD/CD from the sale of the borrower’s departure residence. The HUD/CD must verify the [REDACTED] was paid in full and the borrower received net proceeds of $xx.		Reviewer Comment (2017-01-10): Seller provided CD from sale of prior residence with cash to borrower of $40,238.53 and proceeds of $137,075.48 to the purchase of subject property.	01/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139484	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201139484	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201139484	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201139484	Compliance	Property - Appraisal	General Appraisal Requirements	Due to lack of appraised value, compliance tests requiring an LTV were run off an assumed value of a contract sales price or original loan amount, whichever applies.
201139484	Credit	Loan Package Documentation	Application / Processing	FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.
201139484	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: No Value Provided / Valuation Report Date: <empty>
201139484	Credit	Loan Package Documentation	Application / Processing	FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.
201139488	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201139488	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201139488	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-18): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/18/2017
The borrower’s CD did not disclose any seller paid fees or a lump-sum seller credit.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-05): Client elects to waive			01/05/2017
		Reviewer Comment (2017-01-23): 1st payment [MM/DD/YYYY]; Insurance does not expire within 30 days	01/23/2017
The file was missing a copy of the appraisal.		Reviewer Comment (2017-01-11): Seller provided appraisal.	01/11/2017
		Reviewer Comment (2017-01-11): Cleared by mistake. Reviewer Comment (2017-01-11): Seller provided appraisal with a report date 11/2/16.	01/11/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA		Reviewer Comment (2017-01-23): Seller provided the required HOA information. Reviewer Comment (2017-01-20): Tax ID not provided. All other information updated. Reviewer Comment (2017-01-20): All required information provided EXCEPT HOA Tax ID Reviewer Comment (2017-01-18): Seller provided HOA address, contact name, phone and email, however the current states of the dues and tax ID were not provided.	01/23/2017
Most recent valuation inspection date is 10/28/16, FEMA disaster date 10/30/16.		Reviewer Comment (2017-01-18): Seller provided disaster inspection dated 1/6/2017.	01/18/2017
		Reviewer Comment (2017-01-13): Not required.	01/13/2017
Note, security instrument and final CD were signed on [MM/DD/YYYY], final CD disclosed a closing date of [MM/DD/YYYY].		Reviewer Comment (2017-01-11): Seller provided a letter of explanation and corrected PCCD dated 1/6/17.		01/11/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-05): Per the client’s guidance, the condition is waived.			01/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139488	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201139488	Property	Property - Appraisal	General Appraisal Requirements	Valuation Exception:
201139488	Credit	Credit	Misc	Credit Exception:
201139488	Credit	Credit	Misc	Missing Document: Credit Letter of Explanation (LOE) not provided
201139490	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201139490	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201139490	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201139490	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/20/2017
201139490	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201139490	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
File is missing HOA address and HOA contact email address.		Reviewer Comment (2017-01-11): Seller provided all HOA information.	01/11/2017
Per lender guidelines, FNC Appraisal Score of 0-300 results in an unacceptable appraisal. File includes 2 appraisals and 2 FNC Appraisal Score Reports; The scores are 241 and 255, resulting in unacceptable appraisals. File includes email chain approving the use of a 2nd full appraisal to support value.		Reviewer Comment (2017-01-11): Client provided exception for use of 2nd full appraisal to support value.	01/11/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-13): Provided.	01/13/2017
Please provide the Blanket Hazard policy provided for the building through the HOA.		Reviewer Comment (2017-01-25): Seller provided the Master HOA policy.	01/25/2017
The only CD in the file was issued 12/02/2016 and signed [MM/DD/YYYY]. Evidence of earlier borrower receipt has not been provided.		Reviewer Comment (2017-01-11): Seller provided initial CD dated 11/19/16.	01/11/2017
		Reviewer Comment (2017-01-11): Seller provided borrower consent to receive eDisclosures.	01/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-05): Per the client’s guidance, the condition is waived.			01/05/2017
		Reviewer Comment (2017-01-17): First payment due [MM/DD/YYYY], pay history and LOX not required.	01/17/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA		Reviewer Comment (2017-01-17): Received required HOA data.	01/17/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-17): Received evidence of Note delivery.	01/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139491	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201139491	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/09/2017
201139491	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Tax ID is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201139492	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201139492	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201139492	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/13/2017
201139492	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Closing Protection Letter Fee. Fee Amount of $35.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7562)
201139492	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201139492	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Safe Harbor QM.
201139493	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-26): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/26/2017
		Reviewer Comment (2017-02-02): LOE provided along with evidence of January payment. Reviewer Comment (2017-02-01): Seller provided evidence of January payment; letter of explanation still outstanding.	02/02/2017
Missing HOA Company Tax ID, all other HOA information was provided.		Reviewer Comment (2017-01-27): All Required HOA information was provided. Reviewer Comment (2017-01-10): Seller provided HOA information, however Tax ID was not included.	01/27/2017
		Reviewer Comment (2017-01-06): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/06/2017
		Reviewer Comment (2017-01-23): Fraud report provided in trailing docs 1/20/2017	01/23/2017
		Reviewer Comment (2017-01-26): 01/26/2017 Received updated hazard insurance policy showing expiration date of 01/21/2018 and proof that [MM/DD/YYYY] payment was made. Issue cleared. Reviewer Comment (2017-01-24): The hazard insurance policy expires 01/21/2017 which is less than 30 days from purchase. Provide a copy of the updated hazard insurance policy and proof the first payment due [MM/DD/YYYY] was made.	01/26/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-01-24): Seller provided a post-close CD, letter of explanation, and proof of refund for the tolerance violation. Reviewer Comment (2017-01-13): Seller states: The Loan Estimate disclosed a “Title-Doc Prep Fee” in the amount of $150.00 which was sufficient to cover both the $100.00 “Title-Title Binder” fee and the $35.00 “Title-Closing Protection Letter” fee. Since both of these fees were considered to fall under the auspices of “Title-Doc Prep”, the final CD was not noted as having a tolerance violation. However, the final CD did not use the same fee terminology as the Loan Estimate which is not reasonably understood by the borrowers and considered not in compliance with TRID. Condition remains.		01/24/2017
No cure was found related to the zero tolerance issues.		Reviewer Comment (2017-01-24): Seller provided a post-close CD, letter of explanation, and proof of refund for the tolerance violation. Reviewer Comment (2017-01-13): Seller states: The Loan Estimate disclosed a “Title-Doc Prep Fee” in the amount of $150.00 which was sufficient to cover both the $100.00 “Title-Title Binder” fee and the $35.00 “Title-Closing Protection Letter” fee. Since both of these fees were considered to fall under the auspices of “Title-Doc Prep”, the final CD was not noted as having a tolerance violation. However, the final CD did not use the same fee terminology as the Loan Estimate which is not reasonably understood by the borrowers and considered not in compliance with TRID. Condition remains. Reviewer Comment (2017-01-13): .		01/24/2017
The file was missing the Lender’s Loan Designation.		Reviewer Comment (2017-01-13): Lender designation provided.	01/13/2017
		Reviewer Comment (2017-01-05): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139493	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $720.00 exceeds tolerance of $550.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201139493	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $55.40 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201139493	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/16/2017
201139497	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/03/2017
201139497	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201139497	Credit	Credit	Misc	Credit Exception:
201139506	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201139506	Compliance	Compliance	State Compliance	Note Error: Note late charge percentage exceeds maximum per state
201139506	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201139507	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as ($xx) on (LE dated 09/21/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-01-05): The cure was provided on the final CD.		01/05/2017
Fee disclosed as ($5xx) on (LE dated 09/21/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-01-05): The cure was provided on the final CD.		01/05/2017
		Reviewer Comment (2017-01-05): 1st payment [MM/DD/YYYY]; Insurance does not expire within 30 days	01/05/2017
		Reviewer Comment (2017-01-17): First payment due [MM/DD/YYYY], pay history and LOX not required.	01/17/2017
Line 5 of Section F, number of months is 0.		Reviewer Comment (2017-01-17): Data correct on subsequent CDs (SFIG). Reviewer Comment (2017-01-11): Seller provided a PCCD dated 12/22/16, however a letter of explanation to borrower was not provided.		01/17/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-17): Received evidence of Note delivery.	01/17/2017
		Reviewer Comment (2017-01-06): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/06/2017
Late fee of 5% after 15 days exceed the maximum allowed of 4% by the State of North Carolina.		Reviewer Comment (2017-01-13): A late charge of 5% is allowable for loan amounts greater than $300k.	01/13/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-06): Per the client’s guidance, the condition is waived.			01/06/2017
		Reviewer Comment (2017-01-06): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139507	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $177.00 exceeds tolerance of $150.00 plus 10% or $165.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201139507	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201139507	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Incomplete loan images/file
201139508	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/14/2017
201139508	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201139508	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201139508	Compliance	Compliance	Federal Compliance	Social Security Documentation	Qualified Mortgage (Dodd-Frank 2014): Social Security income documentation insufficient. ([REDACTED] [REDACTED]/Social Security)
201139508	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201139508	Credit	Credit	Misc	Credit Exception:
201139508	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Cure of $xx provided on Closing Disclosure		Reviewer Comment (2017-01-05): Lender provided $12.00 credit at closing for increase of Closing Costs above legal limit.		01/05/2017
		Reviewer Comment (2017-01-06): Per the client’s guidance, the condition is waived.			01/06/2017
Wire instructions were not provided for this loan. Please provide complete wire instructions.		Reviewer Comment (2017-01-23): Seller provided the wire instructions.	01/23/2017
		Reviewer Comment (2017-01-13): Not required.	01/13/2017
Line 4 of Section F, number of months is blank.		Reviewer Comment (2017-01-11): Seller provided a letter of explanation and a corrected PCCD dated 1/9/17.		01/11/2017
		Reviewer Comment (2017-01-11): Seller provided Seller CD.	01/11/2017
Missing SSI award letter for the borrower as required by Appendix Q.		Reviewer Comment (2017-01-11): Seller provided SSI Award Letter.	01/11/2017
Missing SSI award letter for the borrower as required by Appendix Q.		Reviewer Comment (2017-01-11): Seller provided SSI Award Letter.	01/11/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-13): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/13/2017
		Reviewer Comment (2017-01-13): Per the client’s guidance, condition is waived.			01/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139510	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201139510	Compliance	Compliance	Federal Compliance	C-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (C-Corp). ([REDACTED] [REDACTED]/C-Corp 1120)
201139510	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201139510	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201139510	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201139510	Credit	Credit	Misc	Credit Exception:
201139512	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/[MM/DD/YYYY])
201139512	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201139512	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
201139512	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-23): Seller provided tracking information evidencing note sent to custodian.	01/23/2017
Missing 2015 Form 1120 and signed copies of 2013 and 2014 Form 1120’s.		Reviewer Comment (2017-01-23): Seller provided signed copies of 2013 and 2014 1120’s and 7004, Application for Extension for 2015.	01/23/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-12): Client elects to waive			01/12/2017
		Reviewer Comment (2017-01-23): Received and inventoried signed taqx returns for C corp. Exception no longer applies.	01/23/2017
		Reviewer Comment (2017-01-12): Seller provided the evidence of the e consent.	01/12/2017
Missing All HOA information as required per the guidelines including Address, Contact name, number and email address.		Reviewer Comment (2017-01-12): Seller provided the complete HOA information.	01/12/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-01-11): Seller provided borrower receipt 11/18/16.	01/11/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-05): Per the client’s guidance, the condition is waived.			01/05/2017
Disclosure reflects Deposit = $0, however sales contract reflects that there was a deposit.		Reviewer Comment (2017-01-05): Data was corrected on post close CD (SFIG).		01/05/2017
Cure for (Appraisal fee) of ($125.00) was not provided. The post consummation CD issued on 12/07/16 corrected the appraisal fee to $575.00, evidence of a refund to the borrower has not been provided.		Reviewer Comment (2017-01-11): Seller provided Final Settlement statement reflecting appraisal fee of $575.00.		01/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139512	Compliance	Compliance	Federal Compliance	TRID Invalid Section B Combinations	TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [MM/DD/YYYY] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/[MM/DD/YYYY])
201139512	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201139512	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/115595)
201139512	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/115595)
201139512	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $700.00 exceeds tolerance of $575.00. Insufficent or no cure was provided to the borrower. (7506)
201139512	Credit	Credit	Misc	Credit Exception:
201139512	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $9,712.06 exceeds tolerance of $370.00. Insufficent or no cure was provided to the borrower. (7200)
201139512	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $450.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75104)
201139512	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Incomplete loan images/file
201139512	Credit	Credit	Misc	Missing Document: Credit Letter of Explanation (LOE) not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Section B reflects paid to broker/lender; payee must reflect the actual vendor in some manor (FBO, reimbursement to, etc).		Reviewer Comment (2017-01-11): Seller provided letter of explanation and a corrected PCCD.		01/11/2017
		Reviewer Comment (2017-01-21): Lender provided pay history and letter of explanation for delay.	01/21/2017
Homeowners insurance premium reflected on the policy as $2,593 annually / 216.08 per month. Amount collected on the final CD is $2,655 annually / 221.25 per month.		Reviewer Comment (2017-01-05): Data was corrected on post close CD (SFIG).		01/05/2017
Homeowners insurance premium reflected on the policy as $2,593 annually / 216.08 per month. Amount collected on the final CD is $2,655 annually / 221.25 per month.		Reviewer Comment (2017-01-05): Data was corrected on post close CD (SFIG).		01/05/2017
Fee disclosed as ($xx) on (LE dated 09/26/16), but disclosed as ($xx) on Final Closing Disclosure. The post consummation CD issued on 12/07/16 corrected the appraisal fee to $575.00, evidence of a refund to the borrower has not been provided.		Reviewer Comment (2017-01-23): PCCD dated 12/07/16 and LOX to the borrower was provided along with a final Settlement statement indicated that a refund is not due to the borrower as the fees were not charged		01/23/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-13): Provided.	01/13/2017
		Reviewer Comment (2017-01-23): CIC provided	01/23/2017
		Reviewer Comment (2017-01-23): CIC provided	01/23/2017
Missing Wire Instructions		Reviewer Comment (2017-02-06): Seller provided wire instructions.	02/06/2017
The IEAD does not match the final CD as required. Final CD reflects different figures for Hazard insurance that do not match disclosure provided to the borrower.		Reviewer Comment (2017-02-06): Seller provided corrected IEAD.	02/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139513	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/10/2017
201139513	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201139513	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Timing	Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application.
201139513	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201139513	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Safe Harbor QM.
201139513	Credit	Credit	Misc	Credit Exception:
201139515	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/21/2017
201139515	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201139515	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201139515	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-17): Not required.	01/17/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-11): Seller provided a letter of explanation and a corrected PCCD.		01/11/2017
Evidence of Disclosure receipt dated 11/16/2016. Application date is [MM/DD/YYYY].		Reviewer Comment (2017-01-11): Seller provided verification Home Loan Toolkit Disclosure provided to borrower 11/10/16.	01/11/2017
Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Fees totaling $xx were reflected on the Seller’s CD, however fees totaling $xx were reflected on the Borrower’s Final CD.		Reviewer Comment (2017-01-05): Per the client’s guidance, the condition is waived.			01/05/2017
The file was missing documentation verifying the Lender’s Loan Designation.		Reviewer Comment (2017-01-11): Seller provided loan designation.	01/11/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/17/2017
		Reviewer Comment (2017-01-18): First payment due [MM/DD/YYYY], pay history and LOX not required.	01/18/2017
		Reviewer Comment (2017-01-11): Seller provided borrower consent to receive eDisclosure.	01/11/2017
		Reviewer Comment (2017-01-11): Seller provided Fraud Report.	01/11/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-18): Received evidence of Note delivery.	01/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139532	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201139532	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201139532	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201139532	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Safe Harbor QM.
201139532	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201139536	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201139536	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/15/2017
201139536	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201139536	Compliance	Compliance	Federal Compliance	Notice of Right To Cancel Not Provided to All Required Parties	Truth in Lending Act: Notice of Right to Cancel was not provided to all parties whose ownership interest is or will be subject to the security interest.
201139538	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/23/2017

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-05): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/05/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-05): Per the client’s guidance, the condition is waived.			01/05/2017
		Reviewer Comment (2017-01-13): Not required.	01/13/2017
File is missing compliance report to confirm Lender’s Loan Designation.		Reviewer Comment (2017-01-13): Seller provided Lender designation.	01/13/2017
Missing all required information for the HOA.		Reviewer Comment (2017-01-13): Seller provided HOA information.	01/13/2017
		Reviewer Comment (2017-01-05): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/05/2017
		Reviewer Comment (2017-01-25): Letter of explanation provided. 1st payment not due until [MM/DD/YYYY] so no pay history required.	01/25/2017
		Reviewer Comment (2017-01-25): Seller provided Fraud Report; document inventory updated.	01/25/2017
Two copies of the Right to Cancel have been provided, both are signed by the coborrower only.		Reviewer Comment (2017-01-25): Seller provided RTC signed by borrower Mark in trailing docs. Reviewer Comment (2017-01-17): Seller provided same documentation that was provided in the loan file, a Notice of Right to Cancel executed by borrower [REDACTED] has not been provided.	01/25/2017
		Reviewer Comment (2017-01-24): 1st payment [MM/DD/YYYY]; Purchase	01/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201139538	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201139538	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201139538	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201139538	Credit	Credit	Misc	Credit Exception:
201139538	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201149095	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201149095	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201149095	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/23/2017
201149095	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201149095	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $75.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75174)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-11): Seller provided borrower consent t receive eDisclosures.	01/11/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA		Reviewer Comment (2017-01-24): Seller provided all of the required HOA information. Reviewer Comment (2017-01-21): HOA Tax ID provided, but status of dues in still missing Reviewer Comment (2017-01-11): Seller provided address, phone and contact name, however a Tax ID, contact email and the status of dues was not provided.	01/24/2017
		Reviewer Comment (2017-01-21): Seller provided Seller’s CD	01/21/2017
Missing evidence Note was delivered to Custodian.		Reviewer Comment (2017-01-21): Seller provided evidence note sent.	01/21/2017
		Reviewer Comment (2017-01-24): Per the client’s guidance, the condition is waived.			01/24/2017
		Reviewer Comment (2017-01-16): Evidence of delivery was provided	01/16/2017
		Reviewer Comment (2017-01-16): Fraud report was provided.	01/16/2017
		Reviewer Comment (2017-01-19): First payment due [MM/DD/YYYY], pay history and LOX not required.	01/19/2017
		Reviewer Comment (2017-01-16): Evidence of Esign was provided.	01/16/2017
		Reviewer Comment (2017-01-05): Lender provided $75.00 credit at closing for increase in Closing Costs above legal limit.		01/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201149095	Credit	Loan Package Documentation	Application / Processing	Missing Valuation:
201149095	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201149095	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Secondary/12/01/2016)
201149097	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201149097	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201149097	Compliance	Compliance	State Compliance	Note Error: Note late charge percentage exceeds maximum per state
201149097	Credit	Borrower and Mortgage Eligibility	Borrower Eligibility	1003 Error: Citizenship Source Documentation was not provided	Borrower: [REDACTED]
201149097	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201149097	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201149097	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing recertification of appraised value. Appraisal was over 120 days old on Note date per guidelines.		Reviewer Comment (2017-01-16): Seller provided the recert of value.	01/16/2017
		Reviewer Comment (2017-01-19): Received required HOA data. Reviewer Comment (2017-01-16): Seller comment states “Can you please be more specific as to what is being requested? This appears to be a single family home with no HOA and no HOA dues are required” This property per the appraisal is a PUD and there is an HOA fee assessed therefore is part of a community. Please provide the HOA information that is required per the guidelines including the HOA address, contact name, number and email address, and tax ID if available.	01/19/2017
		Reviewer Comment (2017-01-16): Evidence of timely delivery was provided.	01/16/2017
		Reviewer Comment (2017-01-17): Evidence of delivery was provided.	01/17/2017
Per the guidelines, 24 months rental history is required for First time home buyers. The file did not contain a VOR or cancelled checks.		Reviewer Comment (2017-01-17): Seller provided the Verification of Rent.	01/17/2017
Late charge not allowed per state (NC) - max late charge for NC is 4% - note states 5%		Reviewer Comment (2017-01-17): 5% is permitted due to loan amount >$xx.	01/17/2017
The borrower is a permanent resident per the final 1003 and proof of citizenship was not provided in the file.		Reviewer Comment (2017-01-17): Seller provided proof of citizenship.	01/17/2017
		Reviewer Comment (2017-01-26): Seller provided a written explanation for the delay and verification of an acceptable payment/disbursement history.	01/26/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-05): Per the client’s guidance, the condition is waived.			01/05/2017
Missing all required HOA information.		Reviewer Comment (2017-01-26): All HOA information available has been provided. Reviewer Comment (2017-01-17): Seller provided the HOA information, however the contact email address was not provided. Please provide the HOA contact email address as required per the guidelines.	01/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201149097	Credit	Loan Package Documentation	Application / Processing	FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.	Disaster Date:          Inspection Date:
201149102	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201149102	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/22/2017
201149102	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201149102	Credit	Income / Employment	Income Documentation	Income Docs Missing:
201149106	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201149106	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/16/2017
201149106	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201149106	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201149109	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-17): Seller provided the Post FEMA disaster inspection.	01/17/2017
		Reviewer Comment (2017-01-16): Evidence of delivery was provided.	01/16/2017
		Reviewer Comment (2017-01-16): First Payment due [MM/DD/YYYY]. LOX and Pay History not required.	01/16/2017
Disclosure reflects $0. Calculated Closing Costs Financed is $xx.		Reviewer Comment (2017-01-11): Seller provided a letter of explanation and a corrected PCCD dated 1/6/17.		01/11/2017
File does not contain a valid verbal verification of employment performed within 10 business days of closing		Reviewer Comment (2017-01-11): Seller provided VVOE.	01/11/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/17/2017
		Reviewer Comment (2017-01-26): Not required. First pay [MM/DD/YYYY].	01/26/2017
		Reviewer Comment (2017-02-14): Seller provided signed Seller’s CD for this purchase transaction. Reviewer Comment (2017-01-23): Seller CD not provided. Reviewer Comment (2017-01-17): Seller states, can you please waive your condition this is a purchase and there is no “Seller CD”, however a Seller CD is required for purchase transactions. Please provide the CD for the sellers ([Redacted]) as reflected on the Final CD.	02/14/2017
		Reviewer Comment (2017-01-26): Per the client’s guidance, condition is waived.			01/26/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201149109	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/15/2017
201149109	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201149110	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201149110	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	—
201149110	Compliance	Compliance	Federal Compliance	TILA-RESPA Integrated Disclosure: application date on or after [MM/DD/YYYY], no Loan Estimates in the Loan File	TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s).
201149110	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201149110	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.
201149110	Credit	Credit	Misc	Credit Exception:
201149110	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201149110	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $1,000.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-17): Not required.	01/17/2017
Seller CD shows total Seller Paid Fees of $xx, vs Borrower Final CD which shows total Seller Paid Fees of $xx.		Reviewer Comment (2017-01-06): Per the client’s guidance, the condition is waived.			01/06/2017
		Reviewer Comment (2017-01-23): Seller provided FedEx tracking number as evidence note delivered to AIG.	01/23/2017
		Reviewer Comment (2017-08-11): All other exceptions cleared, first payment not due until [MM/DD/YYYY] Reviewer Comment (2017-02-01): All other exceptions cleared, first payment not due until [MM/DD/YYYY]	08/11/2017
		Reviewer Comment (2017-01-23): Seller provided LE dated and e-signed by borrowers on 11/08/2016.	01/23/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-26): Per the client’s guidance, condition is waived.			01/26/2017
1003 shows retirement assets, but evidence of those retirement assets are not located in the file. reserves are subject to change.		Reviewer Comment (2017-01-23): Retirement accounts provided by seller; added to reserves.	01/23/2017
Missing the HOA information as required per the guides including address, contact name, number and Email information		Reviewer Comment (2017-01-23): OK to clear without e-mail and tax ID per AIG	01/23/2017
FNC score not provided on second appraisal.	804 representative FICO score > 680 guideline minimum - 124 points above guideline minimum Guideline variance approved by lender at time of origination. File has 2 full appraisals supporting value, however guidelines require an FNC report.	Reviewer Comment (2017-08-14): Client elects to waiver requirement for the FNC score card. Second full appraisal supporting was provided. Reviewer Comment (2017-02-01): Per client, exception can be waived. Reviewer Comment (2017-01-23): FNC score less than 451 - Field review required.			08/14/2017
		Reviewer Comment (2017-02-01): Sufficient cure was provided.	02/01/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Specific remediation if the Loan Estimates were not provided to the consumer.
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201149110	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Incomplete loan images/file
201149110	Credit	Credit	Misc	Missing Document: Credit Letter of Explanation (LOE) not provided
201149110	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201149114	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201149114	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/26/2017
201149114	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201149114	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201149114	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201149114	Compliance	Compliance	Federal Compliance	TRID Service Provider - Compliant	TILA-RESPA Integrated Disclosure: Settlement Service Provider List did not provide at least one available provider for each settlement service borrower is entitled to shop for or inform borrower they may choose different provider from list.
201149114	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Provide Wire instructions as required for review.		Reviewer Comment (2017-02-08): Seller provided the wire insturctions	02/08/2017
Borrower final Credit score does not match the final DU. Provide updated DU matching all terms at closing.		Reviewer Comment (2017-02-14): Credit report used to qualify by DU was provided. Reviewer Comment (2017-02-08): Seller provided 12/1/2016 credit report which matches the DU findings in the file. However, all pages were not provided. Please provide complete 12/1/16 credit report so that all liabilities can be updated. DTI may be affected. Exception remains.	02/14/2017
Provide a revised DU approval identifying the subject property as a PUD. The only DU in the file dated 12/09/2016 identified the subject property as a detached SFR.		Reviewer Comment (2017-02-15): Seller provided a copy of the revised DU approval identifying the subject as a PUD.	02/15/2017
		Reviewer Comment (2017-01-18): Received evidence of Note delivery.	01/18/2017
		Reviewer Comment (2017-01-27): First Payment due [MM/DD/YYYY]. All conditions are cleared.	01/27/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA		Reviewer Comment (2017-01-19): Enough HOA data has been received to clear the exception. Reviewer Comment (2017-01-18): Received all required HOA information except the email address for HOA contact.	01/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-06): Per the client’s guidance, the condition is waived.			01/06/2017
		Reviewer Comment (2017-01-18): Received evidence that borrower received disclosure within timing requirements.	01/18/2017
The Settlement Service Provider List did not discloses services provided by [Redacted].		Reviewer Comment (2017-01-27): Client elects to waive Reviewer Comment (2017-01-20): Then the exception stands as an EV2 and the SOL may have already expired. The cause and whether it is continuing to occur is something to consider by the client in their determination of whether to acquire the loan.			01/27/2017
Provide evidence of Hazard insurance for the subject property. Dec Page in file is for the departing property. Additionally, provide evidence that the payment made to Nationwide on the final CD was for the subject property and not for the departing. CD reflects the amount paid as the same amount due on departing.		Reviewer Comment (2017-02-10): Seller provided a copy of the hazard insurance policy for the subject property. Reviewer Comment (2017-02-08): Seller provided the documentation that was previously provided in the file. The Insurance Dec page needs to reflect the subject property address., Document provided reflects departing address. Exception remains. Reviewer Comment (2017-02-08): Document provided 2/7/17 is for [Redacted] Exception remains.	02/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201149114	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201149114	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $1,310.00 exceeds tolerance of $1,309.00. Sufficient or excess cure was provided to the borrower at Closing. (8304)
201150327	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201150327	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/22/2017
201150327	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201150327	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-703.75 is less than amount of binding Lender Credit previously disclosed in the amount of $-709.00. (9300)
201150327	Compliance	Compliance	Federal Compliance	Notice of Right to Cancel Missing	Truth in Lending Act: Notice of Right to Cancel was not provided.
201150330	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201150330	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/26/2017
201150332	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller’s Wiring Instructions missing from the file.		Reviewer Comment (2017-02-10): Seller provided a copy of the wiring instructions.	02/10/2017
		Reviewer Comment (2017-02-10): Cure provided on the final CD.		02/10/2017
		Reviewer Comment (2017-01-23): Seller provided evidence note was shipped to AIG.	01/23/2017
		Reviewer Comment (2017-01-23): First payment not due until [MM/DD/YYYY].	01/23/2017
Lender credit was disclosed as $xx on the initial LE dated 10/18/2016, but disclosed as $xx on Final Closing Disclosure. Note: A cure of $xx was disclosed on the final CD from the credit of $xx. A valid change of circumstance disclosure was not provided in the file.		Reviewer Comment (2017-01-10): Seller provided a valid COC for decrease in lender credit due to borrower requested change in loan amount.	01/10/2017
Lender credit was disclosed as $709.00 on the initial LE dated 10/18/2016, but disclosed as $703.75 on Final Closing Disclosure. Note: A cure of $xx was disclosed on the final CD from the credit of $708.75. A valid change of circumstance disclosure was not provided in the file.		Reviewer Comment (2017-01-10): Seller provided a valid COC for decrease in lender credit due to borrower requested change in loan amount.	01/10/2017
		Reviewer Comment (2017-01-10): Seller provided signed Notice of Right to Cancel.	01/10/2017
		Reviewer Comment (2017-01-05): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/05/2017
		Reviewer Comment (2017-01-05): 1st payment [MM/DD/YYYY]; Insurance does not expire within 30 days	01/05/2017
		Reviewer Comment (2017-01-18): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201150332	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/16/2017
201150332	Credit	Credit	Misc	Credit Exception:
201150332	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/13/2016)
201150332	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201150333	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201150334	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201150334	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/15/2017
201150334	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201150334	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $56.00 exceeds tolerance of $0.00 plus 10% or $0.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201150335	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-02-10): LOE provided. Per client OK to clear	02/10/2017
Missing additional consecutive bank statement for [REDACTED] #[REDACTED] and [REDACTED] in order to cover 2 months as required per guidelines. Only 1 statement was provided dated 10/31/2016.		Reviewer Comment (2017-01-18): Seller provided 2 months statements to verify transfer of funds from prior account 6312, which is now closed, into 6288.	01/18/2017
File contains evidence four appraisal reports were performed for this transaction on [MM/DD/YYYY], [MM/DD/YYYY], [MM/DD/YYYY] and [MM/DD/YYYY]. Seller provided evidence appraisal was provided on [MM/DD/YYYY], prior to most recent appraisal date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with ECOA § 1002.14(a)(1). Please provide evidence that revised appraisals were sent to the borrower.		Reviewer Comment (2017-02-20): Seller provided evidence of deliver of all appraisals to the borrower. Appraisal changes were minor and did not impact the value of the appraisal. Reviewer Comment (2017-02-14): Seller provided evidence of delivery of 12/13 report to borrower. Please provide evidence [MM/DD/YYYY] reports were also provided. Reviewer Comment (2017-02-09): All that was provided on 2/8/17 was another copy of the appraisal dated [MM/DD/YYYY]. Exception remains. Reviewer Comment (2017-01-18): Borrower entitled to receive a copy of any appraisal concerning subject property, four appraisals were provided in file. The most recent report date is 12/13/2016, however appraisal acknowledgement was signed by the borrower on 12/2/2016. Please provide evidence of borrowers receipt for each appraisal report.	02/20/2017
Seller’s Wiring Instructions missing from the file.		Reviewer Comment (2017-02-09): Wiring instructions have been provided.	02/09/2017
		Reviewer Comment (2017-01-18): Received evidence of Note delivery.	01/18/2017
		Reviewer Comment (2017-01-05): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/05/2017
		Reviewer Comment (2017-01-05): 1st payment [MM/DD/YYYY]; Purchase	01/05/2017
Seller Closing Disclosure Seller Paid FeesT otal $xx and Closing Disclosure Calculated Closing Costs Subtotals Paid By Seller At Closing $xx.		Reviewer Comment (2017-01-05): Per the client’s guidance, the condition is waived.			01/05/2017
		Reviewer Comment (2017-01-04): Lender provided $56.00 credit at closing for increase in Closing Costs above legal limit.		01/04/2017
		Reviewer Comment (2017-01-05): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Second Home	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
A	A	A	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201150335	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	___
201150335	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201150335	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201150335	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201150335	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201150336	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201150336	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201150336	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/27/2017
201150336	Credit	Credit	Misc	Credit Exception:
201150337	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-11): First payment due date is [MM/DD/YYYY]. Reviewer Comment (2017-01-23): First payment due date is [MM/DD/YYYY].	08/11/2017
		Reviewer Comment (2017-01-12): Seller provided borrower consent to receive eDisclosures.	01/12/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-12): Seller provided corrected PCCD.		01/12/2017
		Reviewer Comment (2017-01-05): Per the client’s guidance, the condition is waived.			01/05/2017
		Reviewer Comment (2017-01-23): Seller provided tax ID for HOA. Reviewer Comment (2017-01-23): Tax ID provided. Reviewer Comment (2017-01-23): Tax ID not provided. Reviewer Comment (2017-01-12): Seller provided HOA contact information, however Tax ID was not provided.	01/23/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/17/2017
		Reviewer Comment (2017-01-17): Seller provided a copy of the Fraud Report.	01/17/2017
		Reviewer Comment (2017-01-17): Conditions are cleared	01/17/2017
Missing required HOA information		Reviewer Comment (2017-01-17): Seller provided the HOA information.	01/17/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Second Home	Purchase
1	A	XXXX	XX	Second Home	Purchase	No Defined Cure
1	A	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Second Home	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201150337	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201150339	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201150339	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/26/2017
201150341	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201150341	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201150341	Credit	Credit	Misc	Credit Exception:
201150341	Credit	Credit	Misc	Credit Exception:
201150341	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201150342	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201150342	Credit	Loan Package Documentation	Application / Processing	Missing Document: Missing Lender’s Final 1003

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-01-23): Seller provided cover letter sent to borrower with PCCD correcting closing date to match actual consummation (notary) date. Reviewer Comment (2017-01-17): The seller provided a post-close CD with the corrected closing date; however a letter of explanation that was sent to the borrower was not provided.	01/23/2017
		Reviewer Comment (2017-01-18): Received evidence of Note delivery.	01/18/2017
		Reviewer Comment (2017-01-18): First payment due [MM/DD/YYYY], pay history and LOX not required.	01/18/2017
		Reviewer Comment (2017-01-18): Received evidence of Note delivery.	01/18/2017
Fees disclosed on the Seller’s Closing Disclosure of $xx do not match the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx. Per Reg Z the seller fees are required to be reflected on the seller CD and the borrower CD regardless of where there is a separate seller CD in the file.		Reviewer Comment (2017-01-09): Client elects to waive.			01/09/2017
Missing documentation to support property at [REDACTED] is owned free and clear. Need tax, insurance, and HOA documentation. Value used from final 1003 in lieu of this documentation. If property was sold, please provide copy of final settlement statement. DTI subject to change pending verification.		Reviewer Comment (2017-01-18): Received evidence that property was sold.	01/18/2017
Borrower’s 2015 and 2014 Schedule E reports property owned at [REDACTED]. This property was not disclosed on the 1003. If borrower no longer owns the property, please provide verification to support. If the borrower owns the property, need updated 1003 along with mortgage statement, taxes, insurance, and HOA documentation in order to accurately calculate PITI values to ensure proper ratios being utilized. DTI subject to change pending verification.		Reviewer Comment (2017-01-18): Received evidence property was sold.	01/18/2017
Please provide HOA information: HOA address, dues status, tax ID (if available), contact name, phone number, and email address.		Reviewer Comment (2017-01-18): Received required HOA data.	01/18/2017
		Reviewer Comment (2017-01-27): AIG has confirmed the note is on Hand.	01/27/2017
Final signed 1003 has not been provided in the loan documents.		Reviewer Comment (2017-01-23): Seller provided signed final 1003.	01/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201150342	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/23/2017
201150342	Compliance	Compliance	Federal Compliance	RESPA Disclosure - List of Homeownership Counseling Organizations Missing	RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.
201150342	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201150342	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of 13.62 is less than Guideline PITIA months reserves of 15.00.
201150343	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201150343	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201150343	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201170194	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201170194	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201170194	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-23): Not required.	01/23/2017
The RESPA homeownershp counseling list has not been provided in the loan documents.		Reviewer Comment (2017-01-23): Seller provided verification List of Homeownership Counseling Organizations was provided to borrower.	01/23/2017
HOA street address, city and state and email contact have not been provided.		Reviewer Comment (2017-01-23): Seller provided HOA information.	01/23/2017
		Reviewer Comment (2017-01-23): Seller provided verification reserves are sufficient. 6 months reserves are for investment property with a PITIA of $572.12.	01/23/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/17/2017
		Reviewer Comment (2017-01-17): Seller provided evidence Your Home Loan Toolkit Disclosure was provided to applicant.	01/17/2017
MISSING ALL REQUIRED INFORMATION FOR THE HOA		Reviewer Comment (2017-01-17): Seller provided all HOA information.	01/17/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/17/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-23): Per the client’s guidance, condition is waived.			01/23/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-23): Seller provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-01-17): TRID regulations require the Closing Date to match the consummation date. A post-close CD with the correct date and a letter of explanation to the borrower for the changes is required. Condition remains Seller Comment (2017-01-17): The Date of Closing on the Closing Disclosure is based on an expected date of consummation. This is typical in an escrow state; the closing documents are often signed later than expected. It is not a requirement to update the date of closing on the Closing Disclosure; as there is no timing impact of the client signing after the expected signature date.		01/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201170194	Compliance	Compliance	Federal Compliance	TRID non-compliant: Missing Seller’s Closing Disclosure.
201170198	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201170198	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201170198	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Cash From To Borrower	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Amount of Cash to Close that does not match the Final value of Cash to Close in the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201170198	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201170198	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201170198	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201170198	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201170198	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/11/11/2016)
201170200	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller’s CD was not provided.		Reviewer Comment (2017-01-25): Seller provided Seller’s CD 01/24/2017		01/25/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/17/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-17): Per the client’s guidance, the condition is waived.			01/17/2017
On page three, Calculation Cash to Close reflects ($xx), however Summaries reflects ($xx).		Reviewer Comment (2017-01-17): Seller provided a post-close CD and LOE to the borrower with the correct Calculation of Cash to Close table.		01/17/2017
Year to date profit and loss and balance sheet have not been provided.		Reviewer Comment (2017-01-17): Seller provided a copy of the balance sheet and P&L for all businesses.	01/17/2017
Year to date profit and loss and balance sheet have not been provided.		Reviewer Comment (2017-01-17): Seller provided a copy of the balance sheet and P&L for all businesses.	01/17/2017
Year to date profit and loss and balance sheet have not been provided.		Reviewer Comment (2017-01-17): Seller provided a copy of the balance sheet and P&L for all businesses.	01/17/2017
Year to date profit and loss and balance sheet have not been provided.		Reviewer Comment (2017-01-17): Seller provided a copy of the balance sheet and P&L for all businesses.	01/17/2017
Evidence that the borrower received a copy of the appraisal has not been provided in the loan documents.		Reviewer Comment (2017-01-17): Seller provided proof of receipt of the appraisal.	01/17/2017
		Reviewer Comment (2017-01-18): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201170200	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow - Reason	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
201170200	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201170200	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201170200	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $775.00 exceeds tolerance of $500.00. Insufficent or no cure was provided to the borrower. (7506)
201170200	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/11/30/2016)
201170200	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201170200	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201170211	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201170211	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201170211	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/11/16/2016)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The reason the loan will not have an escrow was not selected on page 4 of the final CD.		Reviewer Comment (2017-01-25): Seller provided CD dated 1/24/17 which correctly disclosed that borrowers declined escrow.		01/25/2017
No cure was found related to the zero% tolerance issues.		Reviewer Comment (2017-01-25): Seller provided CD on 1/24/17 which correctly disclosed amount closing costs exceed legal limit and increased cure to cover same. Reviewer Comment (2017-01-18): Seller provided the Final Settlement Statement, although appraisal fee is reflected as $xx. The binding LE 11/7/2016 reflects the appraisal fee as $xx, Appraisal fee is reflected as $775 on LE dated 11/11/2016 however no COC was provided for the increase in the fee. Please provide a valid COC for the increase or a cure for $xx tolernace violation for the appraisal fee.		01/25/2017
		Reviewer Comment (2017-01-18): Seller provided evidence Your Home Loan Toolkit Disclosure was provided to applicant 11/7/2016.	01/18/2017
Appraisal was shown as $xx on re-disclosed LE issued on 11/11/2016, however, there is no valid change of circumstance in the file.		Reviewer Comment (2017-01-25): Seller provided corrected CD and evidence check was sent to borrower for cure of $275 Reviewer Comment (2017-01-18): Seller provided the Final Settlement Statement, although appraisal fee is reflected as $775. The binding LE 11/7/2016 reflects the appraisal fee as $500, Appraisal fee is reflected as $775 on LE dated 11/11/2016 however no COC was provided for the increase in the fee. Please provide a valid COC for the increase or a cure for $225 tolernace violation for the appraisal fee.		01/25/2017
File contains evidence appraisal was provided on [MM/DD/YYYY], prior to appraisal report date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with ECOA § 1002.14(a)(1). Please provide evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal was sent to the borrower.		Reviewer Comment (2017-01-25): Seller provided evidence revised appraisal and explanation of changes sthat were made sent to the borrower on 11/30 Reviewer Comment (2017-01-18): Seller provided evidence of the changes that were required by the appraiser, however evidence of when the revised appraisal was sent to borrower was not provided.	01/25/2017
Fees disclosed on the Seller’s Closing Disclosure of $xx do not match the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx. Per Reg Z the seller fees are required to be reflected on the seller CD and the borrower CD regardless of where there is a separate seller CD in the file.		Reviewer Comment (2017-01-09): Client elects to waive.			01/09/2017
Missing HOA contact name and email address. If available, provide tax ID number for HOA.		Reviewer Comment (2017-01-25): Letter from HOA states Tax ID # unavailable, but e-mail provided. Reviewer Comment (2017-01-25): e-mail for HOA was provided. Reviewer Comment (2017-01-25): Per client’s guidance, OK to clear without Tax ID or e-mail. Letter from HOA states Tax ID unavailable. Reviewer Comment (2017-01-18): Seller provided contact name, however the contact email and tax ID if available was not provided.	01/25/2017
		Reviewer Comment (2017-01-18): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/18/2017
		Reviewer Comment (2017-01-18): Seller provided Fraud Report.	01/18/2017
Date of appraisal is [MM/DD/YYYY] nut date of signature and report is [MM/DD/YYYY]. Appraisal received on 11/15/2016.		Reviewer Comment (2017-02-10): Client elects to waive. Reviewer Comment (2017-02-10): Client approved waiver. Reviewer Comment (2017-02-02): All copies of valuation must be delivered to the borrower, regardless of the nature of the changes. Reviewer Comment (2017-01-30): Seller provided evidence of the changes that were required of the appraiser, but not evidence that the revised appraisal was sent to the borrower. Condition remains. Reviewer Comment (2017-01-18): If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with ECOA § 1002.14(a)(1). Please provide evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal was sent to the borrower.			02/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201170212	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201170212	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201170212	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201170212	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/425028)
201170212	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201170213	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201170213	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/07/2017
201170213	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201170218	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Tax ID is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201170218	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-10): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/10/2017
Missing all required information for the HOA.		Reviewer Comment (2017-01-18): Seller provided all required HOA information.	01/18/2017
		Reviewer Comment (2017-01-19): Seller provided. Reviewer Comment (2017-01-18): Seller provided Fraud Report.	01/19/2017
The file is missing a letter of explanation from the borrower for the gap in employment between 12/01/20103 to 01/20/2014. Per appendix Q, the borrower must verify a two year employment history and a letter of explanation for any gaps one more or more.		Reviewer Comment (2017-01-18): Seller provided verification of prior employment dates, reducing gap in employment. Reviewer Comment (2017-01-18): .	01/18/2017
The file is missing a letter of explanation from the borrower for the gap in employment between 12/01/20103 to 01/20/2014. Per appendix Q, the borrower must verify a two year employment history and a letter of explanation for any gaps one more or more.		Reviewer Comment (2017-01-18): Seller provided verification of prior employment dates, reducing gap in employment.	01/18/2017
		Reviewer Comment (2017-01-05): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/05/2017
		Reviewer Comment (2017-01-17): Conditions recevied	01/17/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-23): Seller provided cover letter verifying corrected PCCD sent to borrower. Reviewer Comment (2017-01-17): Seller provided a post-close CD correcting the closing date; however a letter of explanation sent to the borrower was not provided. Condition remains;	01/23/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-01-23): Seller provided all required HOA information.	01/23/2017
		Reviewer Comment (2017-02-20): Evidence of the Seller Combined CD as well as matching figures from the title company were provided. A separate Seller CD was not required. Reviewer Comment (2017-02-13): Seller provided a comment that states “We use a combined buyer/seller CD. All Seller fees show on the buyers Cd. Please clear this suspense item. Thank you.” However a separate seller CD, signed by the seller or somehow indicating the seller received the final figures is required. Exception Remains. Reviewer Comment (2017-01-23): Seller provided the Settlement Agent Closing Disclosure Notice, however the Seller’s CD is required.	02/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201170218	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $200.00 exceeds tolerance of $150.00. Insufficent or no cure was provided to the borrower. (75103)
201170218	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201170219	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201170219	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Late Payment Test	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed the terms of the Late Payment. (Final/[MM/DD/YYYY])
201170219	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201170219	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Of Payments	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total of Payments that does not match the actual total of payments for the loan. (Final/[MM/DD/YYYY])
201170219	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $66.66 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201170219	Compliance	Compliance	Federal Compliance	TRID non-compliant: Missing Seller’s Closing Disclosure.
201170219	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201170220	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as ($xx) on (LE dated 11/08/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-01-23): Seller provided a Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD dated 1/18/2017.		01/23/2017
Cure for (Appraisal Final Inspection Fee) of ($50.00) was not provided.		Reviewer Comment (2017-01-23): Seller provided a Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD dated 1/18/2017.		01/23/2017
		Reviewer Comment (2017-01-10): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/10/2017
The final CD reflects a late payment charge of 5% vs. note which reflects 3%.		Reviewer Comment (2017-01-18): Data correct on subsequent CDs (SFIG).		01/18/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-10): Per the client’s guidance, the condition is waived.			01/10/2017
Disclosure reflects TOP of $xx but calculated TOP is $xx. Variance = $3,001.25.		Reviewer Comment (2017-01-18): Data correct on subsequent CDs (SFIG).		01/18/2017
Fee disclosed as $xx on LE dated 11/3/2016, but disclosed as $xx on Final CD.		Reviewer Comment (2017-01-10): Final CD reflects tolerance cure of $xx.		01/10/2017
		Reviewer Comment (2017-01-24): Seller provided a copy of the seller’s CD. Reviewer Comment (2017-01-18): Received copy of buyer’s final CD. Exception is for copy of Seller’s CD.	01/24/2017
Line 6 of Section F, number of months is blank.		Reviewer Comment (2017-01-18): Data correct on subsequent CDs (SFIG).		01/18/2017
		Reviewer Comment (2017-02-06): Seller provided evidence note shipped.	02/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201170220	Credit	Income / Employment	Income Documentation	Income Docs Missing:
201170220	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201170220	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $830.00 exceeds tolerance of $719.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201170220	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Deposit that does not match the Deposit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201170220	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/05/2016)
201170220	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201170220	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $350.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75104)
201170220	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Borrower Loan Costs Total Section A	TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Total Origination Charges (Section A) that does not match sum of fees. (Final/[MM/DD/YYYY])
201170220	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Borrower Paid Loan Costs Total Section D	TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Total Loan Costs (Borrower-Paid) (Section D) that does not match sum of fees. (Final/[MM/DD/YYYY])
201170220	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing a third party verification that borrower’s previous employer, [REDACTED], is the same corporation reflected on 2014 and 2015 W-2’s by the name of of [REDACTED].		Reviewer Comment (2017-01-26): 01/26/2017 Received VVOE showing that [Redacted]and [Redacted] are the same, issue cleared.	01/26/2017
Per Reg Z the seller fees are required to be reflected on the seller CD and the borrower CD regardless of where there is a separate seller CD in the file.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-26): 01/26/2017 “Client elects to waive”			01/26/2017
		Reviewer Comment (2017-01-10): A $461 tolerance cure was issued at closing, which is sufficient to cure the entire tolerance violation amount.		01/10/2017
Final CD did not disclose the deposit amount of $xx on the Calculating Cash to Close table.		Reviewer Comment (2017-02-08): LOE for corrected PCCD and evidence of delivery to borrower provided. Reviewer Comment (2017-01-26): 01/26/2017 Received corrected CD but missing LOE, Issue remains.		02/08/2017
File contains evidence appraisal was provided on [MM/DD/YYYY], prior to appraisal report date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with ECOA § 1002.14(a)(1). Please provide evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal was sent to the borrower.		Reviewer Comment (2017-02-20): See new exception for waiver request. Reviewer Comment (2017-02-08): 2nd desk review dated 1/27/17 provided . Original report provided to borrower on 12/02/2016 is still missing from the file along with reason for revisions in LOE to borrower. Reviewer Comment (2017-02-06): Original report effective date is 11/28, but report date is 12/5. Exception remains. Reviewer Comment (2017-02-02): All copies of valuation must be delivered to the borrower, regardless of the nature of the changes. Exception remains.	02/20/2017
		Reviewer Comment (2017-02-06): Seller provided evidence of e-sign consent.	02/06/2017
		Reviewer Comment (2017-01-10): A $461 tolerance cure was issued at closing, which is sufficient to cure the entire tolerance violation amount.		01/10/2017
		Reviewer Comment (2017-02-08): Re-ran compliance after correcting DE error. Exception no longer applies.	02/08/2017
		Reviewer Comment (2017-02-08): Re-ran compliance after correcting DE error. Exception no longer applies.	02/08/2017
		Reviewer Comment (2017-02-08): Per client’s guidance, OK to clear.	02/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201170220	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for AMC Fee. Fee Amount of $15.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7543)
201170220	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201170223	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201170223	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201170223	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201170223	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201170224	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201170224	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/08/2016)
201170224	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201170224	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-02-08): Cure sufficient.	02/08/2017
Seller requesting exception - unable to provide evidence of delivery of revised appraisal and LOE to borrower explaining changes made		Reviewer Comment (2017-02-22): Per the client’s guidance, condition is waived.			02/22/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/17/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-01-23): Seller provided a Letter of Explanation & Corrected Closing Disclosure. Reviewer Comment (2017-01-17): Seller provided a post-close CD correcting the closing date; however a letter of explanation sent to the borrower was not provided.		01/23/2017
		Reviewer Comment (2017-01-17): Seller provided a copy of the seller’s CD.	01/17/2017
		Reviewer Comment (2017-01-17): Per the client’s guidance, the condition is waived.			01/17/2017
		Reviewer Comment (2017-01-17): Evidence of delivery was provided.	01/17/2017
Appraisal delivered to borrower on 12/01/2016. Effective date of appraisal is [MM/DD/YYYY], however, report was not signed until [MM/DD/YYYY].		Reviewer Comment (2017-02-07): AIG Exception Waiver Request added. Reviewer Comment (2017-02-06): Condition remains Reviewer Comment (2017-02-02): Confirmed that all copies of appraisal must be sent to borrower, regardless of the nature of the changes. Exception remains. Reviewer Comment (2017-01-30): Seller provided explanation of changes required of the appraiser but no evidence revised appraisal was sent to the borrower. Reviewer Comment (2017-01-24): The borrower is required to receive all copies of the appraisal report. Therefore proof the borrower received a copy of the revised appraisal is required along with a letter of explanation as to what was updated. Condition remains	02/07/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-17): Client elects to waive.			01/17/2017
		Reviewer Comment (2017-01-17): Seller provided evidence of the delivery of the Toolkit	01/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201170224	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201170224	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Incomplete loan images/file
201170225	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201170225	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201170225	Compliance	Compliance	Federal Compliance	Self Employed Financial Strength	Qualified Mortgage (Dodd-Frank 2014): Financial strength of self-employed business reflects annual earnings that significantly decline over the analysis period. ([REDACTED] [REDACTED]/C-Corp 1120)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No verification of housing history is in the file.		Reviewer Comment (2017-01-24): The seller provided a letter from the borrower’s in-law stating the borrower lives rent free.	01/24/2017
Please provide wire instructions as required for funding.		Reviewer Comment (2017-02-09): Wiring instructions provided.	02/09/2017
		Reviewer Comment (2017-01-18): YTD P&L data used in determining financial strength reflects income rising in 2016 so no violation.	01/18/2017
Disclosure does not reflect an amount for Closing Costs Financed, but this should be ($xx)		Reviewer Comment (2017-01-18): Data correct on subsequent CDs (SFIG).		01/18/2017
		Reviewer Comment (2017-01-18): YTD P&L data used in determining financial strength reflects income rising in 2016 so no violation.	01/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201170225	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $995.00 exceeds tolerance of $850.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201170225	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $1,145.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)
201183057	Compliance	Compliance	Federal Compliance	(Missing Data) Last Rate Set Date	Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.
201183057	Compliance	Compliance	Federal Compliance	(Missing Data) QM Test Data Missing - Last Rate Set Date	Qualified Mortgage (Dodd-Frank 2014): Last Date Rate Set not provided. Testing will use worst-case (lowest) APOR in the period between Creditor Application Date and Transaction Date.
201183058	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201183058	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201183058	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Additional Property Taxes Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Additional Property Taxes under Prepaids. (Final/[MM/DD/YYYY])
201183058	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201183060	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201183060	Compliance	Compliance	Federal Compliance	(Missing Data) Last Rate Set Date	Last Date Rate Set was not provided. In order to determine Average Prime Offer Rate (APOR), the worst case scenario was used between Application Date and Transaction Date.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as ($xx) on (LE dated 08/12/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-01-18): Cured at closing.		01/18/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-01-18): Cured at closing.		01/18/2017
		Reviewer Comment (2017-01-24): Seller provided rate lock information	01/24/2017
		Reviewer Comment (2017-01-24): Seller provided rate lock information	01/24/2017
		Reviewer Comment (2017-01-11): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/11/2017
Disclosure reflects Closing Date of [MM/DD/YYYY]6, but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. The closing date was corrected on the post-close CD; however a letter of explanation sent to the borrower identifying the change was not provided.		Reviewer Comment (2017-01-18): Data correct on subsequent CDs (SFIG).		01/18/2017
Number of months of property taxes collected was blank on the final CD in section F. The number of months of property taxes collected was corrected on the post-close CD; however a letter of explanation sent to the borrower identifying the change was not provided.		Reviewer Comment (2017-01-18): Data correct on subsequent CDs (SFIG).		01/18/2017
Disclosure reflects Disbursement Date of [MM/DD/YYYY] which was prior to three (3) business days from transaction date of [MM/DD/YYYY]. The disbursement date was corrected to [MM/DD/YYYY] on the post-close CD; however a letter of explanation sent to the borrower identifying the change was not provided.		Reviewer Comment (2017-01-18): Data correct on subsequent CDs (SFIG).		01/18/2017
		Reviewer Comment (2017-01-17): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/17/2017
		Reviewer Comment (2017-01-17): Rate lock information provided	01/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201183060	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201183060	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $700.00 exceeds tolerance of $600.00. Insufficent or no cure was provided to the borrower. (7506)
201183060	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7507)
201183060	Compliance	Compliance	Federal Compliance	(Missing Data) QM Test Data Missing - Last Rate Set Date	Qualified Mortgage (Dodd-Frank 2014): Last Date Rate Set not provided. Testing will use worst-case (lowest) APOR in the period between Creditor Application Date and Transaction Date.
201183060	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $700.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201183061	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Property Value	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. (Final/[MM/DD/YYYY])
201183061	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Cash To Close	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Final value of Cash to Close that does not match the actual sum of Final cash to close figures. (Final/[MM/DD/YYYY])
201183061	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201183061	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Value - Loan Amount	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Final Loan Amount that does not match actual loan amount for the loan. (Final/[MM/DD/YYYY])
201183061	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Value - Total Closing Costs	TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a final value for Total Closing Costs that does not match Total Closing Costs (Borrower-Paid) disclosed on page 2. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No cure provided for $850.00 second appraisal fee.		Reviewer Comment (2017-02-06): COC provided for second appraisal fee. Reviewer Comment (2017-01-17): The seller responded that the change in fees were disclosed on the LE dated 12/02/2016. The reviewer agrees; however a valid change of circumstance disclosure within the acceptable date range from the LE was not provided. Condition remains	02/06/2017
		Reviewer Comment (2017-01-06): Lender provided $100.00 credit at closing for increase in Closing Costs above legal limit.		01/06/2017
Revised LE issued 12/02/2016 shows second appraisal fee of $850.00, however, there is no valid change of circumstance in the file to justify this added fee.		Reviewer Comment (2017-02-06): Evidence of COC provided. Reviewer Comment (2017-01-17): The seller responded that the change in fees were disclosed on the LE dated 12/02/2016. The reviewer agrees; however a valid change of circumstance disclosure within the acceptable date range from the LE was not provided. Condition remains		02/06/2017
		Reviewer Comment (2017-01-17): Rate lock information provided.	01/17/2017
		Reviewer Comment (2017-02-06): Sufficient cure provided.	02/06/2017
Appraised value disclosed on final CD of $xx does not match actual appraised value for the loan of $xx.		Reviewer Comment (2017-02-14): Seller provided a Letter of Explanation, Corrected PCCD dated 2/10/2017 and a Final Settlement Statement .		02/14/2017
Final cash to close disclosed of $xx does not match calculated final cash to close figures of $xx. This is due to loan amount being incorrectly disclosed on the Calculating cash to close table.		Reviewer Comment (2017-02-14): Seller provided a Letter of Explanation, Corrected PCCD dated 2/10/2016 and a Final Settlement Statement.		02/14/2017
		Reviewer Comment (2017-02-14): Seller provided a Letter of Explanation, Corrected PCCD dated 2/10/2016 and a Final Settlement Statement.		02/14/2017
Final loan amount disclosed of $xx does not match actual loan amount for the loan of $xx.		Reviewer Comment (2017-02-14): Seller provided a Letter of Explanation, Corrected PCCD dated 2/10/2016 and a Final Settlement Statement.		02/14/2017
		Reviewer Comment (2017-02-14): Seller provided a Letter of Explanation, Corrected PCCD dated 2/10/2016 and a Final Settlement Statement.		02/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201183061	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $1,937.50 is less than amount of binding Lender Credit previously disclosed in the amount of $0.00. (9300)
201183061	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $225.00 exceeds tolerance of $181.00 plus 10% or $199.10. Insufficient or no cure was provided to the borrower. (0)
201183061	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201183061	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $450.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7508)
201183062	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201183062	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201183062	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $300.00 exceeds tolerance of $250.00 plus 10% or $275.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201183062	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $550.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201183062	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $750.00 exceeds tolerance of $360.00. Sufficient or excess cure was provided to the borrower at Closing. (7508)
201183065	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-02-14): Seller provided a Letter of Explanation, Corrected PCCD dated 2/10/2016 and a Final Settlement Statement.		02/14/2017
		Reviewer Comment (2017-02-14): Seller provided a Letter of Explanation, Corrected PCCD dated 2/10/2016 and a Final Settlement Statement.		02/14/2017
		Reviewer Comment (2017-01-24): 01/24/2017 Received borrower’s consent to receive electronic disclosures, issue cleared.	01/24/2017
		Reviewer Comment (2017-02-14): Seller provided sufficient cure on Final CD.	02/14/2017
		Reviewer Comment (2017-01-18): Received evidence of Note delivery.	01/18/2017
CD Closing Costs Financed Without Seller were disclosed as $xx; actual amount is $xx.		Reviewer Comment (2017-01-18): Data correct on subsequent CDs (SFIG).		01/18/2017
Cure for 10% tolerance violation ($50.00) was not provided.		Reviewer Comment (2017-01-11): Cure was provided on the final CD.		01/11/2017
Fee disclosed as ($xx) on (LE dated 10/19/2016), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-01-11): Cure was provided on the final CD.		01/11/2017
Fee disclosed as ($xx) on (LE dated 11/21/2016), but disclosed as ($xx) on Final Closing disclosure.		Reviewer Comment (2017-01-11): Cure was provided on the final CD.		01/11/2017
		Reviewer Comment (2017-01-11): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Second Home	Refinance - Rate/Term
2	B	XXXX	XX	Second Home	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Second Home	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Second Home	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Second Home	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201183065	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED] Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201183065	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201183065	Compliance	Compliance	Federal Compliance	Notice of Right To Cancel Not Provided to All Required Parties	Truth in Lending Act: Notice of Right to Cancel was not provided to all parties whose ownership interest is or will be subject to the security interest.
201183065	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/27/2017
201183079	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201183079	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/12/08/2016)
201183079	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201183079	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201183079	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $584.00 exceeds tolerance of $434.00. Insufficent or no cure was provided to the borrower. (7506)
201183079	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file did not contain a copy of the lease agreement or the agreement to lease for the investment property as required by the guidelines and Appendix Q.		Reviewer Comment (2017-03-10): Seller has provided, CPA letter, address LOX and Rent Roll. Reviewer Comment (2017-03-07): Seller has provided rental verification for cottages. A lease agreement Sch E investment property, [Redacted] is missing. Please provide the lease. Reviewer Comment (2017-02-16): Seller provided LOE previously provided and reviewed 1/19/2017, however a rent roll in lieu of a lease has not been provided. Reviewer Comment (2017-01-19): Received LOE stating that lease is not available due to property being a short term rental. Appendix Q is specific that a lease must be provided. In lieu of a lease, a rent roll can be supplied for 2016 reflecting YTD stays.	03/10/2017
The file did not contain a copy of the lease agreement or the agreement to lease for the investment property as required by the guidelines and Appendix Q.		Reviewer Comment (2017-03-10): Seller has provided, CPA letter, address LOX and Rent Roll.	03/10/2017
The Right to Cancel disclosures in file were not executed.		Reviewer Comment (2017-01-19): Received copies of executed RTCs.	01/19/2017
		Reviewer Comment (2017-03-15): Seller has provided a a written explanation for the delay and payment history.	03/15/2017
		Reviewer Comment (2017-01-11): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/11/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-01-19): Received evidence that borrower received disclosure within timing requirements.	01/19/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-23): The seller provided a post-cure CD with the correct closing date.		01/23/2017
		Reviewer Comment (2017-01-11): Per the client’s guidance, the condition is waived.			01/11/2017
Cure provided on Closing Disclosure		Reviewer Comment (2017-01-11): Cure provided on the final CD.		01/11/2017
Documentation sent in to clear CD timing reflects that 2 CDs were issued on 12/8 and only one in the file. Missing CD with APR of 4.548% and Finance Charge of $xx.		Reviewer Comment (2017-01-23): Seller provided a copy of the additional CD disclosed on 12/08/2016.	01/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201183081	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Tax ID is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201224812	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,025.00 exceeds tolerance of $550.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201224812	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $65.32 exceeds tolerance of $52.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201224819	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201224819	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201224819	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201224819	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Late Payment Test	TILA-RESPA Integrated Disclosure- Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the terms of the Late Payment. (Final/[MM/DD/YYYY])
201224819	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201224822	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201224822	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing HOA Information		Reviewer Comment (2017-01-27): Seller provided the HOA information.	01/27/2017
		Reviewer Comment (2017-01-12): Cure was provided on the final CD.		01/12/2017
		Reviewer Comment (2017-01-12): Cure was provided on the final CD.		01/12/2017
Missing the HOA information		Reviewer Comment (2017-02-10): Seller provided HOA information.	02/10/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-02-06): Initial CD and evidence of delivery to borrower provided.	02/06/2017
		Reviewer Comment (2017-02-09): Seller provided consent form.	02/09/2017
Data fields are blank.		Reviewer Comment (2017-02-07): Seller provided corrected CD.	02/07/2017
		Reviewer Comment (2017-02-06): Seller provided fraud report.	02/06/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-12): Client elects to waive			01/12/2017
		Reviewer Comment (2017-01-20): Received evidence that borrower received disclosure within timing requirements.	01/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
A	A	A	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
A	A	A	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201224829	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Email is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201224829	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201224829	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201224829	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201224834	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Safe Harbor QM.
201224834	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201224834	Credit	Income / Employment	Income Documentation	Income Docs Missing:
201224836	Credit	Income / Employment	Income Documentation	Income Docs Missing:
201224836	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201224836	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED] 4506 or 4506-T 4506 or 4506-T

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-01-26): 01/26/2017 Received all required HOA information, issue cleared. Reviewer Comment (2017-01-24): 01/24/2017 Received all HOA information except for Tax ID and Dues Status, issue remains.	01/26/2017
Final CD disclosed homeowners insurance under Section G for $42.67 per month, however should be disclosed as flood insurance.		Reviewer Comment (2017-01-24): Seller provided a Letter of Explanation & Corrected PCCD.		01/24/2017
Disclosure reflects TIP of (74.609%) but calculated TIP is (74.474%).		Reviewer Comment (2017-02-15): Client elects to waive. Reviewer Comment (2017-01-24): 01/24/2017 The TIP disclosed on the final CD is based on an amount that includes the seller paid prepaid interest of $718.08. The calculated TIP did not include the seller prepaid interest. Issue remains.			02/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-24): Per the client’s guidance, condition is waived.			01/24/2017
Proof of the lender’s QM designation missing from file.		Reviewer Comment (2017-01-18): Seller provided lender designation.	01/18/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-18): Seller provided a Letter of Explanation & Corrected Closing Disclosure.		01/18/2017
The file is missing 2 additional paystubs for the borrower or a fully completed WVOE. Per investor guidelines, a minimum of a full 30 days of paystubs are required. Borrower is paid weekly and file contains only 2 paystubs.		Reviewer Comment (2017-01-18): Seller provided an additional 2 paystubs.	01/18/2017
The file does not contain pay stubs covering 30 days which is required by the guidelines, only one biweekly pay stub provided.		Reviewer Comment (2017-01-26): Seller provided additional paystub. Reviewer Comment (2017-01-20): Paystub submitted does not cover 30 days or contain a YTD amount.	01/26/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-12): Client elects to waive			01/12/2017
		Reviewer Comment (2017-01-20): Received executed 4506t.	01/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201224839	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201224839	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Other 1 Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for School Tax under Prepaids. (Final/[MM/DD/YYYY])
201229209	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201229209	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201229209	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201229209	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201229209	Compliance	Compliance	Federal Compliance	TRID non-compliant: Missing Seller’s Closing Disclosure.
201229209	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201229209	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-273.00. (9300)
201229209	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Email is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-24): 01/24/2017 Received FraudGuard Fraud report, issue cleared.	01/24/2017
Line 5 of Section F, number of months is blank.		Reviewer Comment (2017-01-30): Seller provided corrected PCCD, letter of explanation and evidence PCCD was sent to borrower. Reviewer Comment (2017-01-26): 01/26/2017 Received corrected PCCD issued on 01/25/2017 but missing LOE, issue remains. Reviewer Comment (2017-01-24): 01/24/2017 Lender response: School Tax was manually entered as the exact dollar amount of total taxes due; therefore Line 5 of Section F, number of months, is blank. Missing LOE and revised CD, issue remains.	01/30/2017
		Reviewer Comment (2017-01-18): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/18/2017
		Reviewer Comment (2017-01-18): Seller provided Fraud Report.	01/18/2017
		Reviewer Comment (2017-01-18): Seller provided evidence Your Home Loan Toolkit Disclosure was provided to applicant.	01/18/2017
Per Reg Z the seller fees are required to be reflected on the seller CD and the borrower CD regardless of where there is a separate seller CD in the file.		Reviewer Comment (2017-01-18): Seller provided a PCCD dated 1/11/2017 with addition of seller fees.		01/18/2017
		Reviewer Comment (2017-01-18): Seller provided Seller’s CD.	01/18/2017
Erroneous Reg ID 2933. No tolerance violation of Lender credit fee due to it being removed on the final 11/10/2016 re-disclosed LE.		Reviewer Comment (2017-01-18): Seller provided valid COC for reduction in lender credit.	01/18/2017
Invalid Reg. Lender credit was removed on the final 11/10/2016 re-disclosed LE.		Reviewer Comment (2017-01-18): Seller provided valid COC for reduction in lender credit.	01/18/2017
Provide HOA contact’s email address.		Reviewer Comment (2017-01-18): Seller provided verification no HOA email available.	01/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201229209	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $672.00 exceeds tolerance of $474.00 plus 10% or $521.40. Insufficient or no cure was provided to the borrower. (0)
201229214	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201229214	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201229214	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201229214	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201229215	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Non Primary Residence	TRID Final Closing Disclosure [MM/DD/YYYY] on a purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201229218	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201229218	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Subordination Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7559)
201229219	Credit	Loan Package Documentation	Application / Processing	Missing Document: Approval not provided
201229219	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/13/2016)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Erroneous Reg ID 4748. $474 of this fee was seller paid.		Reviewer Comment (2017-01-18): Erroneous Reg ID 4748. $474 of this fee was seller paid.	01/18/2017
		Reviewer Comment (2017-01-18): Note is on hand with Custodian.	01/18/2017
Early CD has not been provided in the loan documents.		Reviewer Comment (2017-01-18): Seller provided initial CD dated 11/29/2016 with verification of borrowers receipt 11/30/2016.	01/18/2017
		Reviewer Comment (2017-01-18): Seller provided evidence of borrower’s consent to receive electronic disclosures.	01/18/2017
		Reviewer Comment (2017-01-18): Seller provided Fraud Report.	01/18/2017
		Reviewer Comment (2017-01-11): Per the client’s guidance, the condition is waived.			01/11/2017
The final CD disclosed the Closing Costs Financed as $0; the actual Closing Costs Financed is $xx.		Reviewer Comment (2017-01-20): Data correct on subsequent CDs (SFIG).		01/20/2017
		Reviewer Comment (2017-01-11): Cure provided at closing		01/11/2017
		Reviewer Comment (2017-01-18): Seller provided approval.	01/18/2017
Valuation Received Date (2016-11-17) < Valuation Report Date ([MM/DD/YYYY]) Note: Appraisal email to borrower after effective date but prior to report date		Reviewer Comment (2017-02-02): See New Exception For Waiver request. Reviewer Comment (2017-01-24): 01/24/2017 Lender responded that they emailed the customer the appraisal on 12/13/2016, however, the email proving delivery cannot be found. They are requesting an exception. Issue remains. Reviewer Comment (2017-01-18): Seller provided original appraisal with a report date of [MM/DD/YYYY] to coincide with borrower’s receipt date of 11/17/2016. However, evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal with a report date of [MM/DD/YYYY] was sent to the borrower, was not provided.	02/02/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201229219	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Secondary/12/13/2016)
201229219	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Interest	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed prepaid interest under Prepaids that does not match calculated figures. (Final/[MM/DD/YYYY])
201229219	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201229219	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,595.00 exceeds tolerance of $85.00 plus 10% or $93.50. Insufficient or no cure was provided to the borrower. (0)
201229219	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Contact Name is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY], Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201229219	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201229219	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201229219	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201229219	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201229219	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Valuation Received Date (2016-12-06) < Valuation Report Date ([MM/DD/YYYY]) Note: Appraisal email to borrower after effective date but prior to report date		Reviewer Comment (2017-02-02): See New Exception For Waiver request. Reviewer Comment (2017-01-30): Seller unable to locate e-mail evidencing appraisal sent to borrowers on 12/13. They are requesting an exception. Issue remains. Reviewer Comment (2017-01-24): 01/24/2017 Lender responded that they emailed the customer the appraisal on 12/13/2016, however, the email proving delivery cannot be found. They are requesting an exception. Issue remains. Reviewer Comment (2017-01-18): Seller provided original appraisal with a report date of [MM/DD/YYYY] to coincide with borrower’s receipt date of 11/17/2016. However, evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal with a report date of [MM/DD/YYYY] was sent to the borrower, was not provided.	02/02/2017
		Reviewer Comment (2017-01-18): Pre-paid interest disclosed properly on Final CD.	01/18/2017
		Reviewer Comment (2017-01-18): Fees were properly disclosed on CD, no 10% tolerance violation due to borrower using provider on SSPL.	01/18/2017
		Reviewer Comment (2017-01-18): Fees were properly disclosed on CD, no 10% tolerance violation due to borrower using provider on SSPL.	01/18/2017
HOA invoice page 704 did not contain HOA Tax ID, Contact information or Dues Status		Reviewer Comment (2017-02-01): Seller provided HOA information. Reviewer Comment (2017-01-30): Seller provided duplicate of information previously provided. Invoice does not contain contact information, tax ID or status. Reviewer Comment (2017-01-18): Seller provided information previously provided in the file, however a HOA contact name, tax ID (if available) and the current status of dues was not provided.	02/01/2017
AIG Exception Request for: ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/13/2016). There were 2 appraisals performed and the seller is unable to provide documentation of delivery to the borrower for either.		Reviewer Comment (2017-02-03): Client elects to waive			02/03/2017
The file was missing a signed copy of the 2014/2015 1120S for [REDACTED]		Reviewer Comment (2017-02-09): Seller provided signed 1120S for 2014 and 2015.	02/09/2017
The file was missing a signed copy of the 2014/2015 1120S for [REDACTED].		Reviewer Comment (2017-02-09): Seller provided signed 1120S for 2014 and 2015.	02/09/2017
The file was missing a signed copy of the 2014/2015 1120S for [REDACTED].		Reviewer Comment (2017-02-09): Seller provided signed 1120S for 2014 and 2015.		02/09/2017
Wiring instructions are missing from the file.		Reviewer Comment (2017-02-13): Seller provided wire instructions.	02/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201229223	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201229223	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201230331	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201230331	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/11/16/2016)
201230331	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $92.00 exceeds tolerance of $46.00 plus 10% or $50.60. Sufficient or excess cure was provided to the borrower at Closing. (0)
201230333	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201230333	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201230333	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,050.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201230333	Credit	Credit	Misc	Credit Exception:
201230333	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-3,139.00. (9300)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-18): Overnight tracking number as confirmation that the documents have been shipped has been received and confirmed.	01/18/2017
Missing all required information for the HOA.		Reviewer Comment (2017-01-18): Seller provided all HOA information.	01/18/2017
		Reviewer Comment (2017-01-19): Evidence of delivery was provided	01/19/2017
Effective date of appraisal [MM/DD/YYYY]. Appraisal updates were requested, new signature date [MM/DD/YYYY]. The file contained proof of delivery to the borrower on 11/15/2016.		Reviewer Comment (2017-01-23): 01/23/2017 Received borrower acknowledgement of receipt of appraisal, issue cleared. Reviewer Comment (2017-01-19): Seller provided the signed appraisal waiver form. However the exception is because the appraisal was provided to the borrower prior to the appraiser signature which indicates changes were made to the appraisal AFTER provided to the borrower. Please provide the detail of the changes and evidence that all copies of the appraisals were provided to the borrower.	01/23/2017
Sufficient cure provided on final CD.		Reviewer Comment (2017-01-13): Cure provided on the final CD.		01/13/2017
		Reviewer Comment (2017-01-20): Seller provided Fraud Report.	01/20/2017
		Reviewer Comment (2017-01-20): Seller provided a valid COC.	01/20/2017
Erroneous Reg ID 3060. Loan Discount Points fee was properly disclosed as $xx on the 12/21/2016 re-disclosed CD.		Reviewer Comment (2017-01-20): Seller provided a valid COC for addition of Discount Points.	01/20/2017
Lender disclosed an additional revolving monthly debt of $xx from creditor, [REDACTED]. Unable to determine source of this debt as it was not reported on the credit report or the credit supplement. Please provide documentation to support additional liability considered in total DTI.		Reviewer Comment (2017-01-24): Seller provided a credit supplement dated 1/18/2017, reflecting [Redacted] account, with a $0 balance.	01/24/2017
File contains a change circumstance dated 12/13/2016 for LE re-disclosure disclosing the Lender Credit as $0.00. File is missing LE dated 12/13/2016.		Reviewer Comment (2017-01-20): Seller provided a valid COC for decrease in lender credits.	01/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201230336	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201230336	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Change - Total Payoffs	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Total Payoffs and Payments. (Final/[MM/DD/YYYY])
201230336	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $125.00 exceeds tolerance of $95.00 plus 10% or $104.50. Insufficient or no cure was provided to the borrower. (0)
201230336	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,485.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201230336	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $450.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7505)
201230336	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $15.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75104)
201230336	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201230336	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Safe Harbor QM.
201230338	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201230340	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/12/07/2016)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-02-03): Seller provided a Valid CIC.	02/03/2017
Did This Change section stated No. Loan Estimate: -$xx; Final: -$xx. Should reflect Yes.		Reviewer Comment (2017-02-03): Corrected with PCCD 1/19/17		02/03/2017
Recording Fee increased from $95 to $125 with no cure documented in file.		Reviewer Comment (2017-02-03): PCCD reduced recording fee to $99.00 which is within 10% tolerance.		02/03/2017
File does not contain valid Change of Circumstance reflecting the Discount Points/fee increase from $0 to $1,485.		Reviewer Comment (2017-02-03): Seller provided a Valid CIC. Reviewer Comment (2017-01-13): No valid COC in file. Reviewer Comment (2017-01-13): Lender cured exception by re-disclosing Loan Estimate on 11/14/2016 listing a Loan Discount Point Fee of $1,485.00	02/03/2017
File does not contain valid Change of Circumstance reflecting the addition of the $450 Appraisal Desk Review fee.		Reviewer Comment (2017-02-03): Seller provided a Valid CIC. Reviewer Comment (2017-01-13): No valid COC in file. Reviewer Comment (2017-01-13): Lender cured exception by refunding $450 to borrower at closing	02/03/2017
Lender cured exception by re-disclosing Loan Estimate on 11/14/2016 listing a Appraisal Review Fee (FNC Appraisal Score) of $15.00		Reviewer Comment (2017-02-03): Seller provided a Valid CIC. Reviewer Comment (2017-01-13): No valid COC in file. Reviewer Comment (2017-01-13): Lender cured exception by re-disclosing Loan Estimate on 11/14/2016 listing a Appraisal Review Fee (FNC Appraisal Score) of $15.00	02/03/2017
		Reviewer Comment (2017-01-23): 01/23/2016 Received copy of compliance report, issue cleared.	01/23/2017
		Reviewer Comment (2017-01-23): 01/23/2017 Received compliance report showing designation as Safe Harbor QM, issue cleared.	01/23/2017
$59,000 Shortfall		Reviewer Comment (2017-01-23): 01/23/2017 Received information showing that the policy has 25% extended coverage, issue cleared.	01/23/2017
Evidence that the borrowers were provided a copy of the appraisal has not been provided in the loan documents.		Reviewer Comment (2017-01-26): Seller provided evidence of delivery of 12/7/2016 appraisal in trailing docs 1/24/2017 Reviewer Comment (2017-01-23): The seller provided proof the initial appraisal completed was delivered to the borrower; however the file did not contain proof the appraisal completed on 12/01/2016 with a report date of [MM/DD/YYYY] was delivered to the borrower. Condition remains	01/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201230340	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] VVOE (2016)
201230340	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201230340	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/05/2017
201233599	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $4,150.00 exceeds tolerance of $3,593.00 plus 10% or $3,952.30. Sufficient or excess cure was provided to the borrower at Closing. (0)
201233599	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Email is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201233601	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201233601	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Seller Credit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201233601	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201233601	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Management Company Fee. Fee Amount of $495.00 exceeds tolerance of $380.00. Insufficent or no cure was provided to the borrower. (7510)
201233601	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $139.15 exceeds tolerance of $12.00. Insufficent or no cure was provided to the borrower. (7520)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
VVOE within 10 days of closing has not been provided for the coborrower.		Reviewer Comment (2017-01-23): Seller provided a VVOE for the co-borrower.	01/23/2017
E-sign disclosure has not been provided in the loan documents.		Reviewer Comment (2017-01-23): Seller provided a copy of the e-consent disclosure	01/23/2017
		Reviewer Comment (2017-01-26): N/A. First payment due [MM/DD/YYYY].	01/26/2017
($197.70) violation due to increase in (Title - Escrow fee(s)).		Reviewer Comment (2017-01-30): Cure provided on the final CD.		01/30/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-01-30): Seller provided the HOA Information.	01/30/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-17): Client elects to waive			01/17/2017
The seller credit disclosed in the summaries of transactions is not reflected in the calculating cash to close.		Reviewer Comment (2017-01-30): The seller credit was disclosed on the post-close CD dated 01/24/2017.		01/30/2017
Evidence of a sufficient cure has not been provided.		Reviewer Comment (2017-01-30): The cure was disclosed on the post-close CD dated 01/24/2017. The seller provided a letter of explanation and proof of the refund.		01/30/2017
The appraisal management fee was disclosed as $380.00 on the LE. The fee was properly disclosed on the early CD. Actual charge at closing was $xx.		Reviewer Comment (2017-01-26): Seller provided the Valid CIC for the increase in fees. Reviewer Comment (2017-01-26): Seller provided 12/15 Change of Circumstance for appraisal management fee increase, but final CD does not reflect sufficient cure.	01/26/2017
The credit report fee was disclosed as $xx on the LE. The fee was properly disclosed on the early CD. Actual charge at closing was $139.15.		Reviewer Comment (2017-01-26): Seller provided the Valid CIC for the increase in fees. Reviewer Comment (2017-01-26): Seller provided 12/15 Change of Circumstance for credit report fee increase, but final CD does not reflect sufficient cure.	01/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201233601	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201233601	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee. Fee Amount of $1,773.00 exceeds tolerance of $1,767.00. Insufficent or no cure was provided to the borrower. (7561)
201233601	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of $25.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7564)
201233601	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender’s Title Insurance. Fee Amount of $440.00 exceeds tolerance of $424.00. Insufficent or no cure was provided to the borrower. (7567)
201233602	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201233602	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201233602	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201233606	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201233606	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201233606	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Title fees shown in Section B: Services Borrower Did Not Shop For, however, borrower did not use provider listed on SPPL. Fees should have been in Section C: Services Borrower Did Shop For.		Reviewer Comment (2017-01-30): The post-close CD dated 01/24/2017 corrected the fee location. The seller provided a letter of explanation and proof of the refund.		01/30/2017
		Reviewer Comment (2017-01-30): The cure was disclosed on the post-close CD dated 01/24/2017. The seller provided a letter of explanation and proof of the refund.		01/30/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-01-30): The cure was disclosed on the post-close CD dated 01/24/2017. The seller provided a letter of explanation and proof of the refund.		01/30/2017
		Reviewer Comment (2017-01-30): The cure was disclosed on the post-close CD dated 01/24/2017. The seller provided a letter of explanation and proof of the refund.		01/30/2017
The sellers CD has not been provided. Combined CD does not reflect escrow holdback from sellers proceeds.		Reviewer Comment (2017-01-17): Client elects to waive			01/17/2017
		Reviewer Comment (2017-01-23): 01/23/2017 Received all required HOA information, issue cleared.	01/23/2017
Correspondent to provide final inspection evidencing that all escrow items have been completed and evidence that escrow funds have been disbursed. All improvements are to be completed by 06/27/2017, per the Escrow Holdback Agreement.		Reviewer Comment (2017-02-02): Escrow holdback condition will be a post funding condition.	02/02/2017
Missing YTD P&L Statement and balance sheet.		Reviewer Comment (2017-01-25): 01/25/2017 Received YTD P&L Statement and YTD Balance Sheet, issue cleared	01/25/2017
Missing YTD P&L Statement and balance sheet.		Reviewer Comment (2017-01-25): 01/25/2017 Received YTD P&L Statement and YTD Balance Sheet, issue cleared	01/25/2017
Missing YTD P&L Statement and balance sheet.		Reviewer Comment (2017-01-30): Seller provided YTD P&L. Reviewer Comment (2017-01-25): 01/25/2017 Received copy of YTD Balance Sheet. Missing YTD P&L Statement, issue remains.	01/30/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201233606	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201233606	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: Qualifying asset balance discrepancy.	Calculated PITIA months reserves of 0.00 is less than Guideline PITIA months reserves of 9.00.
201233606	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201233606	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Non QM.
201233606	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201233607	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. (Fatema/Salam/436838)
201233607	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201233607	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $3,170.00 exceeds tolerance of $3,160.00. Insufficent or no cure was provided to the borrower. (7200)
201233607	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender’s Title Insurance. Fee Amount of $1,525.32 exceeds tolerance of $1,521.00. Insufficent or no cure was provided to the borrower. (7567)
201233607	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-25): 01/25/2017 Received borrower’s consent to receive electronic disclosures, issue cleared.	01/25/2017
		Reviewer Comment (2017-01-30): Seller provided 2 months statements for [Redacted] accounts totaling $xx along with terms of IRA withdrawal. Reviewer Comment (2017-01-25): 01/25/2017 Received 1008 showing Verified Assets of $735,945.04 or 206 months reserves. Received one month business bank statements totaling $33,063.91 and one month statement for savings account totaling $240.06. No CPA letter stating that removing funds from the business account would not affect the business. Issue remains.	01/30/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-02-22): Seller provided all available HOA information. Reviewer Comment (2017-02-15): Seller provided HOA contact name, street address and phone number, however the city/state/zip and email address was not provided. Reviewer Comment (2017-01-30): Seller states “Property is a Detached PUD. Per guidelines, no additional documentation is required for a Detached PUD”. Appraisal verifies subject is a PUD with yearly HOA dues of $300. Please provide all HOA required information (HOA address, HOA dues status, HOA contact name, phone and email address). Exception remains.	02/22/2017
Proof of the lender’s QM designation missing from file.		Reviewer Comment (2017-01-25): 01/25/2017 Received documentation showing loan designation, issue cleared.	01/25/2017
Missing YTD P&L Statement.		Reviewer Comment (2017-01-30): Seller provided YTD P&L.	01/30/2017
Missing VOE for co-borrower’s prior employment, [REDACTED] and [REDACTED], covering the last 24 months to verify start and stop dates to ensure there were no gaps greater than 30 days. Missing letter of explanation from borrower for gap in employment from 9/2/2015 to 10/30/2015.		Reviewer Comment (2017-02-01): Seller provided verbal verifications of previous employment and satisfactory gap letter.	02/01/2017
Cure of $14.32 was not provided.		Reviewer Comment (2017-02-15): Seller provided a Letter of Explanation & Corrected PCCD dated 2/13/2017. Reviewer Comment (2017-02-13): The provider of the title insurance is not listed on the SSPL. Since this was a fee the borrower could shop for, it should be disclosed in section C of the CD and not section B where it is disclosed on the final CD. Provide a post-close CD moving the fee to section C along with a letter of explanation sent to the borrower disclosing the reason for the PCCD. Condition remains		02/15/2017
Fee disclosed as $xx on LE dated 12/06/2016, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2017-02-01): Seller provided valid COC. Exception cleared.		02/01/2017
Fee disclosed as $xx on LE dated 12/06/2016, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2017-02-28): Seller provided a post-close CD moving the title insurance and CPL fees to section C since they were paid to providers not on the SSPL. Reviewer Comment (2017-02-23): The provider of the CPL is not listed on the SSPL. Since this was a fee the borrower could shop for, it should be disclosed in section C of the CD and not section B where it is disclosed on the final CD. Provide a post-close CD moving the fee to section C also, along with a letter of explanation sent to the borrower disclosing the reason for the PCCD. Reviewer Comment (2017-02-15): Seller provided a PCCD and LOX, however the PCCD only moved the Lenders Title to section C. The CPL Fee payable to [Redacted]is also required to be moved. Exception Remains Reviewer Comment (2017-02-15): Seller provided a Letter of Explanation & Corrected PCCD dated 2/13/2017. Reviewer Comment (2017-02-13): The provider of the title insurance is not listed on the SSPL. Since this was a fee the borrower could shop for, it should be disclosed in section C of the CD and not section B where it is disclosed on the final CD. Provide a post-close CD moving the fee to section C along with a letter of explanation sent to the borrower disclosing the reason for the PCCD. Condition remains Reviewer Comment (2017-02-01): Lender’s title and CPL fees were disclosed in Section B of the CD. However, vendor used is not on the SSPL; these fees should have been disclosed in Section C. Please provide a corrected post close CD to cure this.		02/28/2017
		Reviewer Comment (2017-02-01): Seller provided additional income documentation. Exception cleared	02/01/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Lender to provide updated ATR/QM status

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201233607	Credit	Credit	Misc	Credit Exception:
201233607	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/13/2017
201233612	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Tax ID is blank	Valuation Type: Appraisal / Valuation Report Date:
201233612	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/12/19/2016)
201233612	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/12/15/2016)
201233612	Compliance	Compliance	Federal Compliance	Capital Gains Tax Returns	Qualified Mortgage (Dodd-Frank 2014): Three (3) years tax returns to evaluate Capital Gains or Losses requirement not met. ([REDACTED] [REDACTED]/Schedule D)
201233612	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201233612	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201233612	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,092.72 exceeds tolerance of $1,745.00 plus 10% or $1,919.50. Insufficient or no cure was provided to the borrower. (0)
201233612	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,850.00 exceeds tolerance of $725.00. Insufficent or no cure was provided to the borrower. (7506)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing VOE for co-borrower’s prior employment, [Redacted] and [Redacted], covering the last 24 months to verify start and stop dates to ensure there were no gaps greater than 30 days.		Reviewer Comment (2017-02-01): Seller provided VVOEs and gap letter.	02/01/2017
		Reviewer Comment (2017-03-01): Seller provided a written explanation.	03/01/2017
		Reviewer Comment (2017-01-18): Tax ID is not required. All other HOA information has been provided.	01/18/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-01-18): Evidence of Delivery was provided in the file.	01/18/2017
		Reviewer Comment (2017-01-30): Proof of receipt of the original appraisal on 12/13/2016 was in file. Reviewer Comment (2017-01-25): 01/25/2017 Lender states that the actual closing date is the date the loan disbursed which was 12/27/2016. Issue remains. Reviewer Comment (2017-01-23): 01/23/2017 Received proof of delivery of appraisal on 12/22/2016, however, closing date is 12/23/2016 and no waiver was signed by borrower, issue remains.	01/30/2017
		Reviewer Comment (2017-01-25): The capital gains loss was a result of a carryover. The loss was deducted from the base income. Reviewer Comment (2017-01-23): Missing 2013 personal tax returns for 3 years tax returns to evaluate Capital Gains or Losses requirement.	01/25/2017
Loan is deemed Non-QM due to missing tax information for the Capital Gains income. See income condition for clarification.		Reviewer Comment (2017-01-25): The capital gains loss was a result of a carryover. The loss was deducted from the base income. Reviewer Comment (2017-01-23): Missing 2013 personal tax return for 3 years tax returns to evaluate Capital Gains or Losses requirement.	01/25/2017
		Reviewer Comment (2017-01-17): Client elects to waive.			01/17/2017
Due to Increase in Lenders Title and the added Notary fee.		Reviewer Comment (2017-01-30): Valid COC in file Reviewer Comment (2017-01-23): Title - Lender’s Title Insurance was shown as $1,055.00 on LE and was $1,355.00 on CD. Title - Notary Fee was not shown on LE and was $150.00 on CD.	01/30/2017
Increase in Appraisal fee without Valid CIC.		Reviewer Comment (2017-01-30): Cure provided on the final CD.	01/30/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201233612	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $1,400.00 exceeds tolerance of $250.00. Insufficent or no cure was provided to the borrower. (75104)
201233612	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,850.00 exceeds tolerance of $725.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201233612	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $1,400.00 exceeds tolerance of $250.00. Sufficient or excess cure was provided to the borrower at Closing. (75104)
201233615	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201233615	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201233615	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201233619	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201233619	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201233622	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201233622	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Appraisal review fee added without valid CIC.		Reviewer Comment (2017-01-30): Cure provided on the final CD.	01/30/2017
		Reviewer Comment (2017-01-30): Cure provided on the final CD.		01/30/2017
		Reviewer Comment (2017-01-30): Cure provided on the final CD.		01/30/2017
Coverage provided including 25% replacement cost is $xx. Insufficient coverage for loan amount of $xx.		Reviewer Comment (2017-01-23): 01/23/2017 Received lender estimate for replacement value, issue cleared.	01/23/2017
The number of months property taxes collected under prepaids field has been left blank.		Reviewer Comment (2017-01-26): Seller provided LOE for correction requiring PCCD. Reviewer Comment (2017-01-23): 01/23/2017 Received PCCD issued on 01/18/2017 with property tax months entered, however, missing LOE, issue remains.	01/26/2017
		Reviewer Comment (2017-01-26): Seller provided contact information. OK to clear without tax ID per client. Reviewer Comment (2017-01-23): 01/23/2017 Received all HOA information except for contact name, contact email, and Tax ID.	01/26/2017
CD disclosed TIP of (69.391%), calculated TIP is (69.285%).		Reviewer Comment (2017-02-15): Client elects to waive. Reviewer Comment (2017-01-23): 01/23/2017 The TIP disclosed on the final CD is based on an amount that includes the seller paid prepaid interest of $478.90. The calculated TIP did not include the seller prepaid interest, issue remains.			02/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-17): Client elects to waive			01/17/2017
		Reviewer Comment (2017-01-17): A $100 tolerance cure was issued at closing, which is sufficient to cure the entire tolerance violation amount.		01/17/2017
		Reviewer Comment (2017-01-17): LOE and Post-close CD dated 1/4/2017 reflects accurate seller paid fees of $xx.		01/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201233622	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $750.00. Insufficent or no cure was provided to the borrower. (7506)
201233622	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201233622	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/13/2016)
201233622	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201233623	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Social Security Verification. Fee Amount of $10.00 exceeds tolerance of $6.00. Insufficent or no cure was provided to the borrower. (73113)
201233623	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $82.85 exceeds tolerance of $34.00. Insufficent or no cure was provided to the borrower. (7520)
201233623	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201233623	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201233803	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/12/01/2016)
201233803	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-17): A $100 tolerance cure was issued at closing, which is sufficient to cure the entire tolerance violation amount.		01/17/2017
Missing 24 months rental history with no late payments.		Reviewer Comment (2017-01-23): 01/23/2017 Received VOR showing 24 month history with no late payments, issue cleared.	01/23/2017
		Reviewer Comment (2017-01-23): 01/23/2017 Received proof the appraisal was provided outside 3 days of consummation, issue cleared.	01/23/2017
		Reviewer Comment (2017-01-23): 01/23/2017 Received borrower’s consent to receive electronic disclosures, issue cleared.	01/23/2017
Fee disclosed as ($xx) on (LE dated 10/18/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-01-18): Cure provided on Final CD.		01/18/2017
Fee disclosed as ($xx) on (LE dated 10/18/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-01-18): Cure provided on Final CD.		01/18/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-01-23): 01/23/2017 Received all required HOA information, issue cleared. Reviewer Comment (2017-01-23): 01/23/2017 Received information for HOA except for contact email and the tax ID provided is incorrect, issue remains.	01/23/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-18): Client elects to waive.			01/18/2017
		Reviewer Comment (2017-01-19): Seller provided proof of delivery.	01/19/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-01-13): Lender cured exception by re-disclosing Closing Disclosure on 12/20/2016 listing a closing date of [MM/DD/YYYY].		01/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201233803	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201233803	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/01/2016)
201233803	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201233803	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Incomplete loan images/file
201233803	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201233805	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201233805	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201233805	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Non Primary Residence	TRID Final Closing Disclosure [MM/DD/YYYY] on a purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201233805	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
201233805	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Seller Credit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-13): Client elects to waive			01/13/2017
The seller provided documentation verifying the appraisal was delivered to the borrower on [MM/DD/YYYY]; however the appraisal report date is [MM/DD/YYYY]. Provide proof the borrower received a copy of the appraisal on or after 12/01/2016.		Reviewer Comment (2017-02-07): AIG Exception request being added. Reviewer Comment (2017-02-02): Confirmed that all copies of appraisal must be delivered to the borrower regardless of the nature of the changes. Exception remains. Reviewer Comment (2017-01-30): Seller provided verification of changes made to the updated appraisal, however if a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with ECOA § 1002.14(a)(1). Please provide evidence that the revised appraisal was sent to the borrower.	02/07/2017
Seller is requesting AIG waive the requirement for evidence of delivery of revised appraisal to borrower.		Reviewer Comment (2017-02-07): AIG approved waiving this condition	02/07/2017
Please provide wire instructions as required for funding.		Reviewer Comment (2017-02-09): Wiring instructions have been provided.	02/09/2017
Final PCCD dated 12/20/16 reflects the wrong borrowers names on Page 1, as well as the signatures on Page 5.		Reviewer Comment (2017-02-15): PCCD provided with correct borrower names and evidence it was sent to borrowers.	02/15/2017
Missing balance sheet.		Reviewer Comment (2017-01-31): Seller provided all of the required self-employment documentaiton Reviewer Comment (2017-01-30): Seller provided balance sheet, however a ytd P&L is also required.	01/31/2017
		Reviewer Comment (2017-01-31): Seller provided all of the required self-employment documentaiton	01/31/2017
		Reviewer Comment (2017-01-17): Client elects to waive.			01/17/2017
Disclosure reflects Deposit = $0, however sales contract reflects that there was a deposit.		Reviewer Comment (2017-01-17): Data was corrected on post close CD (SFIG).		01/17/2017
On page three, Calculating Cash to Close table reflects ($xx) , however Summaries reflects ($xx).		Reviewer Comment (2017-01-26): 01/26/2017 Received corrected PCCD issued on 01/25/2017 and LOE, issue cleared.	01/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Second Home	Purchase
1	A	XXXX	XX	Second Home	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201233805	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/11/29/2016)
201233806	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/12/05/2016)
201233806	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201233806	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $37.40 exceeds tolerance of $36.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201233806	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Phone is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201233808	Credit	Loan Package Documentation	Closing / Title	Missing evidence Note was delivered to Custodian
201233808	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/15/2016)
20123[Redacted]	Compliance	Compliance	Federal Compliance	Partnership Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Partnership). ([REDACTED] [REDACTED]/Partnership)
20123[Redacted]	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75103)
20123[Redacted]	Compliance	Compliance	Federal Compliance	Unknown Loan Designation	Ability to Repay (Dodd-Frank 2014): Originator Loan Designation not provided. Due Diligence Loan Designation is Non QM.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-30): Seller provided verification appraisal sent to borrower 12/2/2016.	01/30/2017
		Reviewer Comment (2017-01-23): 01/23/2017 Received proof the appraisal was provided outside 3 days of consummation, issue cleared.	01/23/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-01-23): 01/23/2017 Received all HOA information except for phone number and Tax ID.	01/23/2017
Fee disclosed as ($xx) on (LE dated 11/17/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-01-26): Cure provided on final CD.	01/26/2017
01/23/2017 Received HOA information, however, still missing phone number and tax ID.		Reviewer Comment (2017-01-26): Seller provided HOA phone number. Per client, OK to clear without tax ID.	01/26/2017
		Reviewer Comment (2017-01-13): Overnight tracking number as confirmation that the documents have been shipped has been received and Confirmed.	01/13/2017
Document in file signed by Borrower states that he received a copy of the appraisal on 11/23/2016. The Appraisal effective date is [MM/DD/YYYY] and the report date is [MM/DD/YYYY].		Reviewer Comment (2017-01-23): 01/23/2017 Received copy of appraisal with corrected report date of [MM/DD/YYYY], issue cleared.	01/23/2017
2014 business tax returns are not signed by the borrower.		Reviewer Comment (2017-01-26): Seller provided a copy of the signed 2014 1065. Reviewer Comment (2017-01-23): 01/23/2017 Received signed 2015 business tax return, issue remains.	01/26/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-01-19): Cure provided on Final CD.		01/19/2017
Proof of the lender’s QM designation missing from file.		Reviewer Comment (2017-01-23): 01/23/2017 Received Compliance report showing QM designation of Safe Harbor QM, issue cleared	01/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Second Home	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Second Home	Purchase
2	B	XXXX	XX	Second Home	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Second Home	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
20123[Redacted]	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Late Payment Test	TILA-RESPA Integrated Disclosure- Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the terms of the Late Payment. (Final/[MM/DD/YYYY])
20123[Redacted]	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
20123[Redacted]	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Tax ID is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
20123[Redacted]	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201236067	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.
201236067	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201236067	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201236067	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201236067	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Title Policy Surcharge. Fee Amount of $3.28 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7543)
201236067	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Late payment terms are blank.		Reviewer Comment (2017-01-23): 01/23/2017 Received CD showing late payment terms, issue cleared.	01/23/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-19): Per the client’s guidance, the condition is waived.			01/19/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-02-06): Seller provided the required HOA information. Reviewer Comment (2017-01-26): The seller provided a response stating PUD info not required to be completed. Per the AIG guidelines, all of the following HOA information is required on all loans with an HOA: Name of Association or Management Company; Address of Association or Management Company; Contact information for Association or Management Company (including name, phone number, and email); Evidence of current status of dues (current, past due, etc.) if applicable; Tax ID number for Association or Management Company, if applicable; Condition remains	02/06/2017
Missing 2014 signed business tax returns.		Reviewer Comment (2017-01-26): Seller provided a copy of the signed 2014 1065.	01/26/2017
		Reviewer Comment (2017-02-16): Seller provided a copy of the initial Affiliated Business Arrangement Disclosure delivered to the borrower on 08/03/2016 and the signed copy on 09/07/2016. Reviewer Comment (2017-02-10): Seller provided ABAD prepared on 8/3 but it is not signed by the borrowers Reviewer Comment (2017-02-06): Disclosure provided is dated 9/7/16; not within three days of application date of [MM/DD/YYYY]	02/16/2017
		Reviewer Comment (2017-02-10): Seller provided documentation verifying that $5,698.99 of the seller credit was allocated for the prepaid finance charges.	02/10/2017
		Reviewer Comment (2017-02-16): The is no tolerance issue for the Title Policy surcharge; however the fee was disclosed in the incorrect section and should be disclosed in section C (see new condition).	02/16/2017
Fees disclosed on the Seller’s Closing Disclosure of $xx are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx. Per Reg Z the seller fees are required to be reflected on the seller CD and the borrower CD regardless of where there is a separate seller CD in the file.		Reviewer Comment (2017-01-18): Client elects to waive.			01/18/2017
Service provider was not used for the Title - Title Policy Surcharge and should have been disclosed on Section C of the final CD.		Reviewer Comment (2017-02-16): The is no tolerance issue for the Title Policy surcharge; however the fee was disclosed in the incorrect section and should be disclosed in section C (see new condition).	02/16/2017
		Reviewer Comment (2017-02-09): Seller provided evidence of borrowers’ consent	02/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Second Home	Purchase
1	A	XXXX	XX	Second Home	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201236067	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201236067	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201236179	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201236179	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Cash To Close	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Final value of Cash to Close that does not match the actual sum of Final cash to close figures. (Final/[MM/DD/YYYY])
201236179	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Borrower Paid Cash to Close	TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Cash to Close in the Costs at Closing Table that does not match the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201236179	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Value - Loan Amount	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Final Loan Amount that does not match actual loan amount for the loan. (Final/[MM/DD/YYYY])
201236181	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201236181	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201236181	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201236186	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-01-26): Seller provided all HOA contact information.	01/26/2017
The Title-Title Policy Surcharge fee was disclosed on the final CD in section B as a fee the borrower did not shop for. The provider was not disclosed on the Settlement Service Provider List and should have been disclosed in section C. Provide a post-close CD and a letter of explanation sent to the borrower disclosing the changes moving the fee to section C.		Reviewer Comment (2017-02-22): AMC compliance department reviewed the seller’s response and the borrower did not shop for the fee and is not required to be moved to section C.	02/22/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-01-23): 01/23/2017 Received LOE to borrower and PCCD issued on 01/19/2017 correcting closing date, issue cleared.	01/23/2017
Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Final value of Cash to Close that does not match the actual sum of Final cash to close figures in Calculating Cash To Close Section on page 3. Loan amount of $xx is incorrect; actual loan amount is $xx.		Reviewer Comment (2017-01-23): 01/23/2017 Received LOE to borrower and PCCD issued on 01/19/2017 correcting Final Value of Cash to Close, issue cleared.	01/23/2017
Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Cash to Close in the Costs at Closing Table that does not match the Calculating Cash to Close table. Costs at closing disclosed cash to borrower in the amount of $xx and the Calculating cash to close table disclosed cash to borrower in the amount of $xx.		Reviewer Comment (2017-01-23): 01/23/2017 Received LOE to borrower and PCCD issued on 01/19/2017 correcting cash to close, issue cleared.	01/23/2017
Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Final Loan Amount that does not match actual loan amount for the loan. The Calculating Cash to Close section disclosed a Loan amount of $xx which is incorrect; actual loan amount is $xx.		Reviewer Comment (2017-01-23): 01/23/2017 Received LOE to borrower and PCCD issued on 01/19/2017 correcting loan amount, issue cleared.	01/23/2017
There were no seller paid fees on the final CD and/or a seller credit for closing costs.		Reviewer Comment (2017-02-08): Seller provided PCCD that disclosed seller paid fees.		02/08/2017
The TIP was rounded to only two places and should have been rounded to three, 72.154%.		Reviewer Comment (2017-02-15): Seller provided a Letter of Explanation & Corrected PCCD dated 2/13/2017. Reviewer Comment (2017-02-08): If the true TIP were 72.150, 72.15 would be acceptable. Because 72.15 differs from true TIP of 72.154 by more than the tolerance of .003, the TIP must be carried out three places. Exception remains.		02/15/2017
Seller’s wiring instructions required for funding.		Reviewer Comment (2017-02-10): Seller provided wiring instructions.	02/10/2017
E-sign disclosure has not been provided in the loan documents.		Reviewer Comment (2017-02-01): Seller provided evidence of borrower’s consent to receive electronic disclosures.	02/01/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201236193	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/124655)
201236193	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/124655)
201236193	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201236193	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201236193	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/12/2017
201236194	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201236195	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/17/2016)
201236195	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201236195	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201236195	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay and verification of an acceptable payment/disbursement history. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/18/2017

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Page 1 of the final CD reflects an estimated escrow payment of $1,127.64 vs. actual estimated escrow payment of $1,193.67. There is a post consummation CD in file reflecting the correct estimated escrow payment.		Reviewer Comment (2017-01-18): There is a post consummation CD in file reflecting the correct estimated escrow payment.		01/18/2017
Page 1 of the final CD reflects an estimated total monthly payment of $5,183.44 vs. actual estimated total monthly payment of $5,249.47. There is a post consummation CD in file reflecting the correct estimated total monthly payment.		Reviewer Comment (2017-01-18): There is a post consummation CD in file reflecting the correct estimated total monthly payment.		01/18/2017
Disclosure reflects TIP of 69.306% but calculated TIP is 69.285%. The TIP disclosed on the final CD is based on an amount that includes the seller paid prepaid interest of $xx. The calculated TIP did not include the seller prepaid interest.		Reviewer Comment (2017-02-15): Client elects to waive.			02/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-18): Per the client’s guidance, the condition is waived.			01/18/2017
		Reviewer Comment (2017-02-15): Pay history and LOE provided. Loan due for 3/1.	02/15/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-02-02): Seller provided the full HOA documentation as required. Reviewer Comment (2017-01-23): 01/23/2017 Received HOA documentation showing all information required except for HOA address, issue remains.	02/02/2017
The file contained documentation verifying the appraisal was delivered to the borrower on [MM/DD/YYYY]; however the appraisal had a report date of [MM/DD/YYYY]. Provide proof the borrower received a copy of the appraisal on or after 12/17/2016.		Reviewer Comment (2017-02-15): See new exception requesting waiver. Reviewer Comment (2017-02-02): Confirmed that all copies of appraisal must be provided to borrower, regardless of the nature of the changes. Exception remains. Reviewer Comment (2017-01-25): 01/25/2017 Lender response: The report was only updated with the 12/17/2016 date to include minor clerical revisions as allowed by the compliance guideline and wasn’t subsequently re-delivered to the client as the revisions were only clerical in nature.	02/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-18): Per the client’s guidance, the condition is waived.			01/18/2017
		Reviewer Comment (2017-01-25): 01/25/2017 Received Drive Fraud report, issue cleared.	01/25/2017
		Reviewer Comment (2017-02-16): First payment due date is [MM/DD/YYYY]. Insurance not expiring - this is a purchase.	02/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	B	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201236195	Property	Property - Appraisal	General Appraisal Requirements	Valuation Error: Neighborhood property values not provided.
201238794	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank
201238794	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201238794	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201238794	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,827.02 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201238794	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/17/2017
201238794	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201239539	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED] Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201239539	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201239539	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for homeowner’s insurance under Prepaids. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
AIG exception request for; ECOA Appraisal - Appraisal Provided Prior to Date Performed: ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/17/2016) EXCEPTION INFO: The file contained documentation verifying the appraisal was delivered to the borrower on 12/14/2016; however the appraisal had a report date of [MM/DD/YYYY]. Provide proof the borrower received a copy of the appraisal on or after [MM/DD/YYYY].	777 representative FICO score > 700 guideline minimum - 77 points above guideline minimum 34.24% DTI < 43% guideline max - 8.76% below program guideline maximum	Reviewer Comment (2017-02-22): Per the client’s guidance, condition is waived.			02/22/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-02-02): There is no active HOA, no dues, no common elements per title company and appraiser. PUD in name only.” states appraiser.	02/02/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-02-02): Seller provided PCCD with correct closing date and evidence it was sent to the borrower.		02/02/2017
Cure for (Loan Discount Points fee) of ($1827.02) was not provided.		Reviewer Comment (2017-02-02): Seller provided valid COC, revised CD and evidence CD sent to borrower.		02/02/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-02-02): Seller provided valid COC, revised CD and evidence CD sent to borrower.		02/02/2017
		Reviewer Comment (2017-02-02): Per client OK to clear. First payment due [MM/DD/YYYY] and all other exceptions cleared.	02/02/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-21): Client elects to waive			01/21/2017
Missing executed copy of lease agreement for rental property located at [REDACTED].		Reviewer Comment (2017-01-26): 01/26/2017 Received copy of lease agreement, issue cleared.	01/26/2017
Missing executed copy of lease agreement for rental property located at [REDACTED].		Reviewer Comment (2017-01-26): 01/26/2017 Received copy of lease agreement, issue cleared.	01/26/2017
Line 1 of Section F, number of months is blank.		Reviewer Comment (2017-01-31): Seller provided PCCD which accurately disclosed the number of months of prepaid homeowner’s insurance.	01/31/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201239539	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/16/2017
201239541	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201239541	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-794.00. (9300)
201239541	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $168.00 exceeds tolerance of $94.00 plus 10% or $103.40. Insufficient or no cure was provided to the borrower. (0)
201239541	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/17/2017
201239548	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201239548	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201241666	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201241666	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201241666	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-01-26): [MM/DD/YYYY] 1st payment [MM/DD/YYYY]; Insurance does not expire within 30 days	01/26/2017
Cure for various 0% and 10% tolerance violations ($858.60) was not provided.		Reviewer Comment (2017-01-26): 01/26/2017 Lender provided LOE, proof of delivery, copy of refund check, and corrected CD.		01/26/2017
Fee disclosed as ($xx) on (LE dated 11/08/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-01-26): 01/26/2017 Received COC showing lock extension (borrower paid .125), lender credit decreased from $794 to $0, Loan Amount decreased, and P&I decreased. Issue cleared.	01/26/2017
($64.60) violation due to increase in (Recording fee(s)). No evidence of cure.		Reviewer Comment (2017-01-26): 01/26/2017 Lender provided LOE, proof of delivery, copy of refund check, and corrected CD.		01/26/2017
		Reviewer Comment (2017-01-26): [MM/DD/YYYY] 1st payment [MM/DD/YYYY]; Insurance does not expire within 30 days	01/26/2017
Required HOA information was not provided in the file.		Reviewer Comment (2017-01-31): Seller provided the HOA information.	01/31/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-21): Client elects to waive			01/21/2017
Fraud report has not been provided in the loan documents.		Reviewer Comment (2017-01-26): 01/26/2017 Received Driver Fraud report, issue cleared.	01/26/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-01-23): Data was corrected on post close CD (SFIG).		01/23/2017
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY].		Reviewer Comment (2017-01-23): Data was corrected on post close CD (SFIG).		01/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201241666	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201241667	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.
201241667	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201241667	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201241667	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201241668	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201241668	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	01/30/2017
201241668	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201241668	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201241668	Credit	Borrower and Mortgage Eligibility	Borrower Eligibility	1003 Error: Citizenship Source Documentation was not provided	Borrower: [REDACTED]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Lender wire instructions have not been provided.		Reviewer Comment (2017-01-26): 01/26/2017 Received lender wiring instructions, issue cleared.	01/26/2017
Asset documentation for Fidelity stock account was not found in the file.		Reviewer Comment (2017-01-26): 01/26/2017 Received 4 months statements for additional asset verification, issue cleared.	01/26/2017
Missing all HOA info required by guidelines.		Reviewer Comment (2017-08-11): Seller provided evidence that the property is not a PUD and there is no HOA. Reviewer Comment (2017-02-01): Seller provided corrected appraisal. Property is not in a PUD.	08/11/2017
Your Home Loan Toolkit Disclosure was not found in file.		Reviewer Comment (2017-01-26): 01/26/2017 Received documentation that the home loan toolkit was provided to the borrower, issue cleared.	01/26/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-23): Client elects to waive			01/23/2017
Fraud report has not been provided in the loan documents.		Reviewer Comment (2017-01-31): Seller provided a copy of the fraud report.	01/31/2017
		Reviewer Comment (2017-02-10): LOE provided. Loan due for 2/1	02/10/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. A post close CD was issued on 12/29/16 which correctly disclosed seller paid fees.		Reviewer Comment (2017-01-21): Post close CD issued on 12/29/16 correctly disclosed seller paid fees.		01/21/2017
HOA information sheet not provided.		Reviewer Comment (2017-02-15): All information has been provided along with status of current. Reviewer Comment (2017-02-02): Contact name, address and e-mail provided. Status: January payment past due. Provide evidence January paid and due for February. Reviewer Comment (2017-02-02): Information provided is missing: Contact name, e-mail address and (if available) Tax ID. Current status: January payment past due - Provide evidence due for February.	02/15/2017
Citizenship documentation has not been provided.		Reviewer Comment (2017-01-31): The seller provided a copy of the borrower’s Permanent Resident Card.	01/31/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201241668	Credit	Property - Appraisal	Appraisal Documentation	Missing Document: Appraisal was made “subject to” and Form 442 was not provided.	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201241669	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201241669	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/15/2017
201241669	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201241669	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201241669	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Demand Feature	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan contains a Demand Feature. (Final/[MM/DD/YYYY])
201241669	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $650.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201241669	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $61.90 exceeds tolerance of $40.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201241669	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201241674	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/19/2017

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Appraisal has been completed subject to completion, final inspection has not been provided.		Reviewer Comment (2017-01-31): Seller provided a copy of the final inspection.	01/31/2017
		Reviewer Comment (2017-01-25): 01/25/2017 Received Drive Fraud report, issue cleared.	01/25/2017
		Reviewer Comment (2017-01-25): All conditions are cleared. First payment due [MM/DD/YYYY].	01/25/2017
		Reviewer Comment (2017-01-20): Letter of explanation and Post-Close CD dated 1/17/2017 reflect correct disbursement date of [MM/DD/YYYY].		01/20/2017
		Reviewer Comment (2017-01-20): Letter of explanation and Post-Close CD dated 1/17/2017 reflect correct closing date of [MM/DD/YYYY].		01/20/2017
		Reviewer Comment (2017-01-20): Letter of explanation and Post-Close CD dated 1/17/2017 reflect the demand feature corrected.		01/20/2017
		Reviewer Comment (2017-01-20): A $171.90 tolerance cure was issued on the final CD, which is sufficient to cure the entire tolerance violation amount.		01/20/2017
		Reviewer Comment (2017-01-20): A $171.90 tolerance cure was issued on the final CD, which is sufficient to cure the entire tolerance violation amount.		01/20/2017
Wiring instructions of the lender are required to be in every file.		Reviewer Comment (2017-01-25): 01/25/2017 Received wiring instructions from lender, issue cleared.	01/25/2017
		Reviewer Comment (2017-01-26): [MM/DD/YYYY] 1st payment [MM/DD/YYYY]; Purchase	01/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201241674	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
201241674	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201241674	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201241674	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201242989	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201242989	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/11/2017
201242989	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201242989	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201242989	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/12/22/2016)
201242990	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/24/2017

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The final CD disclosed the earnest money deposit under ‘adjustments’.		Reviewer Comment (2017-01-26): 01/26/2017 Received corrected PCCD issued on 01/24/2017 and LOE, issue cleared.	01/26/2017
Sellers closing statement from sale of home is not signed / stamped by the settlement agent, evidence of receipt of proceeds has not been provided.		Reviewer Comment (2017-01-26): 01/26/2017 Received copy of signed/stamped settlement statement, issue cleared.	01/26/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-23): Client elects to waive			01/23/2017
Missing lenders wire instructions.		Reviewer Comment (2017-01-26): 01/26/2017 Received lender wiring instructions, issue cleared.	01/26/2017
Fraud report has not been provided in the loan documents.		Reviewer Comment (2017-01-25): 01/25/2017 AIG gave lender a variance to not have them at origination, issue cleared.	01/25/2017
		Reviewer Comment (2017-01-25): [MM/DD/YYYY] 1st payment [MM/DD/YYYY]; Insurance does not expire within 30 days, issue cleared.	01/25/2017
Correspondent to provide final inspection evidencing that all escrow items have been completed and evidence that escrow funds have been disbursed. All improvements are to be completed by 04/27/2017 per the Escrow Holdback Agreement.		Reviewer Comment (2017-02-10): Per client, this will be cleared post-funding.	02/10/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-23): Client elects to waive			01/23/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-01-25): 01/25/2017 Received documentation the initial CD was received on 12/22, issue cleared.	01/25/2017
		Reviewer Comment (2017-02-07): First payment not due until [MM/DD/YYYY]; HOI good through 1/11/2018	02/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201242990	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Projected Mortgage Insurance Paystream 1	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a ‘-’ in the initial payment stream. (ProjSeq:1/127636)
201242990	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201242991	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201242991	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,000.00 exceeds tolerance of $625.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201242991	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/20/2017
201242991	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201242992	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/23/2017
201242993	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201242993	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY]
201242993	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/20/2017

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The Mortgage Insurance section on page 1 of the final CD disclosed a (-) for the payment amount.		Reviewer Comment (2017-02-07): Seller provided final settlement statement verifying reduced fees per PCCD. Reviewer Comment (2017-02-06): The seller provided a post-close CD correcting the MI section on page 1. However, the CD disclosed lower fees and the borrower needed $225.00 less to close. Provide proof the borrower received a refund of $225.00 or a copy of the title agents final settlement statement verifying the reduced fees and the amount needed to close. Condition remains	02/07/2017
The loan file does not contain evidence that the borrower was provided with a “Home Loan Toolkit”		Reviewer Comment (2017-02-07): Seller provided loan specific list of disclosures provided on 12/14/2016. Reviewer Comment (2017-02-06): Seller provided a response stating the Home Toolkit is delivered with all initial disclosures and provided their initial disclosure matrix. The documentation provided was not specific to the subject loan and there is no proof the disclosure was delivered to the borrower. Provide a disclosure tracking sheet specific to the subject loan or other documentation verifying the borrower received a copy of the Home Toolkit within 3 business days of the application date. Condition remains	02/07/2017
		Reviewer Comment (2017-01-23): Post closing CD pg 10		01/23/2017
		Reviewer Comment (2017-01-23): Cured with Lender credit on closing CD and Post closing CD		01/23/2017
		Reviewer Comment (2017-02-14): 1st payment [MM/DD/YYYY]; Insurance does not expire within 30 days Reviewer Comment (2017-02-10): Pay history provided. Loan due for 3/1	02/14/2017
Missing all HOA information.		Reviewer Comment (2017-02-14): Seller provided the HOA contact name. Reviewer Comment (2017-02-09): All required information was provided except a contact name Reviewer Comment (2017-02-06): Seller states HOA no longer in existence, but Issaquah Highlands Community Association appears to be in existence and active per their web site.	02/14/2017
		Reviewer Comment (2017-02-03): First payment not until [MM/DD/YYYY]	02/03/2017
Unable to verify the Loan Originators Designation		Reviewer Comment (2017-01-25): 01/25/2016 Received compliance report showing loan designation, issue cleared.	01/25/2017
Borrowers signed loan documents on [MM/DD/YYYY]. RTC shows correct expiration date of [MM/DD/YYYY], CD shows loan was disbursed on [MM/DD/YYYY]7.		Reviewer Comment (2017-01-31): Post close CD, LOX and final Settlement statement were provided. the Disbursement date is not less than 3 days from Transaction. Reviewer Comment (2017-01-26): 01/26/2017 Received LOE and proof of delivery. Missing re-opened rescission on the correct form. Issue remains. Reviewer Comment (2017-01-25): 01/25/2017 Received corrected PCCD issued on 01/24/2017 showing disbursement date of [MM/DD/YYYY]. Missing LOE, proof of delivery, and re-opened rescission on the correct form. Issue remains.		01/31/2017
		Reviewer Comment (2017-01-25): 01/25/2017 Hazard insurance expires on 10/03/2017 and the first payment date is [MM/DD/YYYY], issue cleared.	01/25/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201246868	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201246868	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	___
201246868	Compliance	Compliance	Federal Compliance	TRID Service Provider - Compliant	TILA-RESPA Integrated Disclosure: Settlement Service Provider List did not provide at least one available provider for each settlement service borrower is entitled to shop for or inform borrower they may choose different provider from list.
201246868	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Courier / Express Mail / Messenger Fee. Fee Amount of $10.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75187)
201246868	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Electronic Document Delivery Fee. Fee Amount of $13.50 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75188)
201246868	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201246868	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201246868	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201246868	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201256802	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-25): Per the client’s guidance, the condition is waived.			01/25/2017
		Reviewer Comment (2017-02-10): Insurance current and first payment not due until [MM/DD/YYYY].	02/10/2017
Service Type not listed for each vendor.		Reviewer Comment (2017-02-04): See new exception requesting waiver Reviewer Comment (2017-01-31): AMC elevated the condition to its compliance department. The SSPL is non-compliant and it is only permissible to not provide the SSPL if there are no fees disclosed in section C of the LE. Condition remains.	02/04/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-01-25): Cure was provided on the final CD.		01/25/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-01-25): Cure was provided on the final CD.		01/25/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-01-31): Duplicate exception	01/31/2017
Missing Lender’s wire instructions.		Reviewer Comment (2017-01-31): Seller provided a copy of the wiring instructions.	01/31/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-02-06): Seller provided the Complete HOA information.	02/06/2017
REQUESTING AIG WAIVER: SSPL is not compliant as it shows no vendors for any services and services were shown in Section C of the initial disclosure.		Reviewer Comment (2017-02-10): AIG approved the exception waiver.	02/10/2017
		Reviewer Comment (2017-02-01): Seller provided fraud report.	02/01/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201256802	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201256802	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201256802	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201259933	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201259933	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201259933	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	-
201259933	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for homeowner’s insurance under Prepaids. (Final/[MM/DD/YYYY])
201259933	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Flood Insurance Premium under Prepaids. (Final/[MM/DD/YYYY])
201259933	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Other 1 Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for 2nd Installment Taxes 2016-17 under Prepaids. (Final/[MM/DD/YYYY])
201259933	Compliance	Compliance	Federal Compliance	TRID Invalid Section B Combinations	TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [MM/DD/YYYY] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing Lease Agreement		Reviewer Comment (2017-03-28): Seller has provided lease agreement. Reviewer Comment (2017-03-27): Seller was able to obtain documents. Reviewer Comment (2017-03-07): unable to clear per AIG. Reviewer Comment (2017-02-01): AIG requires current 12-month lease and tax returns to document rental income.	03/28/2017
Missing Lease Agreement		Reviewer Comment (2017-03-29): The seller provided a response stating the lease agreement for [Redacted] was not available. The seller provided a new 1008 removing the rental income for this property and using the full PITI payment. The result was a DTI of 37.52% which is below the program max of 43%. Reviewer Comment (2017-03-28): Seller has provided a lease agreement for [REDACTED], however a lease agreement for [REDACTED] is required. Reviewer Comment (2017-03-27): Seller was able to obtain documents. Reviewer Comment (2017-03-07): unable to clear per AIG. Reviewer Comment (2017-02-01): AIG requires current 12-month lease and tax returns to document rental income. Exception remains.	03/29/2017
Missing Lease Agreements for rental properties.		Reviewer Comment (2017-03-29): The seller provided a response stating the lease agreement for [Redacted] was not available. The seller provided a new 1008 removing the rental income for this property and using the full PITI payment. The result was a DTI of 37.52% which is below the program max of 43%. Reviewer Comment (2017-03-27): Seller was able to obtain documents. Reviewer Comment (2017-03-07): unable to clear per AIG. Reviewer Comment (2017-02-01): AIG requires current 12-month lease and tax returns to document rental income. Exception remains.	03/29/2017
Lender’s wiring instructions not provided		Reviewer Comment (2017-02-01): Seller provided a copy of the wiring instructions	02/01/2017
Missing all required information for the HOA		Reviewer Comment (2017-02-15): Seller provided evidence dues are current. Reviewer Comment (2017-02-13): All required HOA information was provided with the exception of the status of dues for the subject property. Exception remains.	02/15/2017
		Reviewer Comment (2017-08-11): First payment due date is [MM/DD/YYYY] and insurance will be in force longer than 30 days. Reviewer Comment (2017-02-15): First payment due date is [MM/DD/YYYY] and insurance will be in force longer than 30 days.	08/11/2017
The number of months of homeowner’s insurance collected in section F was blank.		Reviewer Comment (2017-02-07): Seller provided cover letter evidencing PCCD sent to borrower. Reviewer Comment (2017-02-01): Seller provided a post-close CD to correct Section F; however a letter of explanation sent to the borrower detailing the changes was not provided. Condition remains	02/07/2017
The number of months of flood insurance collected in section F was blank.		Reviewer Comment (2017-02-07): Seller provided cover letter evidencing PCCD sent to borrower. Reviewer Comment (2017-02-01): Seller provided a post-close CD to correct Section F; however a letter of explanation sent to the borrower detailing the changes was not provided. Condition remains	02/07/2017
The number of months of 2nd Installment Taxes 2016-17 collected in section F was blank.		Reviewer Comment (2017-02-07): Seller provided cover letter evidencing PCCD sent to borrower. Reviewer Comment (2017-02-01): Seller provided a post-close CD to correct Section F; however a letter of explanation sent to the borrower detailing the changes was not provided. Condition remains	02/07/2017
The credit report was paid to the lender in section B. All lender paid fees must be disclosed in section A.		Reviewer Comment (2017-02-07): Seller provided cover letter evidencing PCCD sent to borrower. Reviewer Comment (2017-02-01): Seller provided a post-close CD to correct the payee of the credit report fee; however a letter of explanation sent to the borrower detailing the changes was not provided. Condition remains	02/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Good Faith Redisclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201259933	Credit	Loan Package Documentation	Closing / Title	Title: Evidence of title is missing
201259936	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/27/2017
201259936	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] VVOE
201259936	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201259938	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201259938	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201259938	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	__
201259938	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee. Fee Amount of $225.00 exceeds tolerance of $100.00. Sufficient or excess cure was provided to the borrower at Closing. (7522)
201259939	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	03/03/2017
201259939	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $575.00 exceeds tolerance of $525.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the title commitment or policy. All title information was missing.		Reviewer Comment (2017-02-01): The seller provided a copy of the preliminary title.	02/01/2017
		Reviewer Comment (2017-02-06): Final condition cleared Reviewer Comment (2017-02-01): Conditions remain open; unable to clear at this time.	02/06/2017
Missing verbal verification of employment for co-borrower dated within ten days of the closing date.		Reviewer Comment (2017-02-01): Seller provided a VVOE for the co-borrower.	02/01/2017
Missing ALL HOA information as required by the Guidelines.		Reviewer Comment (2017-02-06): All HOA information has been provided.	02/06/2017
		Reviewer Comment (2017-02-01): Seller provided fraud report.	02/01/2017
		Reviewer Comment (2017-01-26): “Client elects to waive”			01/26/2017
		Reviewer Comment (2017-08-11): First payment due [MM/DD/YYYY] and all exceptions cleared. Reviewer Comment (2017-02-01): First payment due [MM/DD/YYYY] and all exceptions cleared.	08/11/2017
		Reviewer Comment (2017-01-26): Lender provided $125.00 credit at closing for increase in Closing Costs above legal limit.		01/26/2017
		Reviewer Comment (2017-02-01): 1st payment [MM/DD/YYYY]; Insurance does not expire within 30 days	02/01/2017
Sufficient or excess cure was provided to the borrower at Closing.		Reviewer Comment (2017-01-26): Cured with $50.00 lender credit at closing.		01/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201259939	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201259941	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201259941	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/27/2017
201259942	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201259942	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	__
201259942	Credit	Credit	Misc	Credit Exception:
201259942	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/01/10/2017)
201259942	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201259943	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201260161	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing lender wiring instructions.		Reviewer Comment (2017-02-01): Wiring instructions were provided.	02/01/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-26): Per the client’s guidance, the condition is waived.			01/26/2017
		Reviewer Comment (2017-02-01): First Payment due [MM/DD/YYYY] and all conditions are cleared.	02/01/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-26): Per the client’s guidance, the condition is waived.			01/26/2017
		Reviewer Comment (2017-01-30): All conditions cleared. First payment [MM/DD/YYYY].	01/30/2017
Lender’s wire instructions not located in the file.		Reviewer Comment (2017-01-30): Seller provided the wire instructions	01/30/2017
The file contained documentation verifying the borrower received a copy of the appraisal on 12/27/2016; however the updated report in the file has a report date of [MM/DD/YYYY].		Reviewer Comment (2017-01-30): Client elects to waive.			01/30/2017
Proof of the borrower’s e-consent was not located in the file.		Reviewer Comment (2017-01-30): Seller provided the E-consent.	01/30/2017
No seller paid fees were disclosed.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-26): Per the client’s guidance, the condition is waived.			01/26/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-02-06): Corrected PCCD provided and sent to the borrowers		02/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201260161	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201260161	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201260161	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,250.00 exceeds tolerance of $1,200.00. Insufficent or no cure was provided to the borrower. (7506)
201260161	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Additional Appraisal Fee. Fee Amount of $600.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75143)
201260161	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/24/2017
201260164	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Phone is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201260164	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	__
201260164	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201260164	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201260164	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Cure of ($xx) was reflected, which is insufficient to cure ($650.00)		Reviewer Comment (2017-02-06): COC provided for additional field review fee of $600		02/06/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-01-27): Per the client’s guidance, the condition is waived.			01/27/2017
Fee disclosed as ($xx) on (LE dated 12/05/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-01-27): Cure provided on Final CD.		01/27/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-02-06): COC provided for additional appraisal fee.		02/06/2017
		Reviewer Comment (2017-02-06): Not required - first payment not due until [MM/DD/YYYY]	02/06/2017
Missing all required HOA information.		Reviewer Comment (2017-02-28): Seller provided all required HOA information.	02/28/2017
		Reviewer Comment (2017-03-20): Seller provided a written explanation for the delay and a payment/disbursement history. Reviewer Comment (2017-03-15): Cleared by mistake, outstanding conditions. Reviewer Comment (2017-03-15): Seller has provided letter of explanation. Reviewer Comment (2017-03-13): Pay history provided. Loan due for 4/1. Letter of explanation has not been provided, however, and is required.	03/20/2017
Current executed lease agreement was not found in the file for the property in [Redacted], CA.		Reviewer Comment (2017-02-15): Seller provided housing authority documentation explaining that lease automatically assigns to new owner. Reviewer Comment (2017-02-10): Seller provided Housing Authority of San Diego County annual extension of lease, but file is still missing copy of original lease in its entirety. Reviewer Comment (2017-02-09): All pages of executed lease, including verbiage re: automatic renewal will suffice to clear this condition. Reviewer Comment (2017-02-01): Lease is required in addition to tax returns.	02/15/2017
Current executed lease agreement was not found in the file for the property in [REDACTED].		Reviewer Comment (2017-02-15): Seller provided housing authority documentation explaining that lease automatically assigns to new owner.	02/15/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [REDACTED].		Reviewer Comment (2017-02-10): Seller provided corrected PCCD along with cover letter to borrower and evidence of delivery to borrower.	02/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201260164	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201260164	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201260164	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201260164	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee. Fee Amount of $2,150.00 exceeds tolerance of $2,050.00. Insufficent or no cure was provided to the borrower. (7561)
201260164	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201261847	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	03/02/2017
201261847	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201261847	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201261847	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $385.00 exceeds tolerance of $350.00. Insufficent or no cure was provided to the borrower. (7506)
201270447	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/464738)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-01-27): “Client elects to waive”			01/27/2017
Title - Escrow Fee was shown in Section B: Services Borrower Did Not Shop For. Borrower did not use the provided shown on SPPL and this fee should have been in Section C: Services Borrower Did Shop For.		Reviewer Comment (2017-02-02): See new exception requesting waiver.	02/02/2017
No cure was found related to the zero% tolerance issues.		Reviewer Comment (2017-03-20): Seller provided a Letter of Explanation & Corrected PCCD.		03/20/2017
		Reviewer Comment (2017-03-20): Seller provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-03-07): Seller comments state “Although this provider was not specifically listed on our Preferred provider list, this Escrow company is the Escrow agent that [Redacted]uses for their closings and [Redacted] was disclosed on our provider list. Please clear this condition.” Please have fee reflect paid to [Redacted]fbo [Redacted], Inc due to [Redacted]s not being reflected on the SSPL. Reviewer Comment (2017-02-15): Escrow Fee of $2,150 was paid to a vendor not on the service provider list and therefore should have been disclosed in Section C, not B. Provide a corrected PCCD with the fee in section C and it will no longer be considered a 0% tolerance fee. Reviewer Comment (2017-02-02): Seller provided the Mavent stating please see 10% tolerance section, however the Title-Settlement/Closing/Escrow fee was reflected in Section B causing a zero percent tolerance violation of $100.		03/20/2017
Seller requesting waiver for: TRID non compliant: Fees were not reflected in the correct section of the disclosure. Title - Escrow Fee was shown in Section B: Services Borrower Did Not Shop For. Borrower did not use the provided shown on SPPL and this fee should have been in Section C: Services Borrower Did Shop For, stating “I am requesting a waive for the condition as the name of the title company and the name of the escrow are one in the same for SSPL and CD. In the state of California they use both a title company and an escrow company.”		Reviewer Comment (2017-03-20): Seller provided a Letter of Explanation & Corrected PCCD.	03/20/2017
		Reviewer Comment (2017-02-09): First payment due date [MM/DD/YYYY] and all other exceptions have been cleared.	02/09/2017
CD data field is blank, calculates to be $xx.		Reviewer Comment (2017-02-09): LOE sent to borrower explaining change was provided. Reviewer Comment (2017-02-01): Seller provided a post-close CD with the closing costs financed; however a letter of explanation sent to the borrower disclosing the change was not provided. Condition remains		02/09/2017
Cure for $35 appraisal fee was not provided.		Reviewer Comment (2017-02-02): Seller provided a Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD dated 1/31/2017.		02/02/2017
Fee disclosed as $xx on LE dated 10/6/16 and as $xx on Final CD. The COC in file was for the addition of the lock extension fee and there is no acknowledgement or reason for the increased appraisal fee.		Reviewer Comment (2017-02-02): Seller provided a Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD dated 1/31/2017.		02/02/2017
Per Appendix Q, the borrower must be employed at the current job for six months or longer following an extended absence, an extended gap is defined as being six months or longer). The borrower started the current job on [MM/DD/YYYY] which was less than a month from the application date of [MM/DD/YYYY].		Reviewer Comment (2017-02-17): Approval from compliance department to use the note date to calculate the borrower’s time on the current job.	02/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201270447	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201270448	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201270448	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201270448	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201270448	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Texas Guaranty Fee. Fee Amount of $6.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7712)
201270448	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Courier / Express Mail / Messenger Fee. Fee Amount of $10.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (77173)
201270448	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Electronic Document Delivery Fee. Fee Amount of $10.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (77174)
201270448	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Tax Certificate Fee. Fee Amount of $48.34 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (77188)
201270448	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of $75.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7726)
201270448	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Per Appendix Q, the borrower must be employed at the current job for six months or longer following an extended absence, an extended gap is defined as being six months or longer). The borrower started the current job on [MM/DD/YYYY] which was less than a month from the application date of [MM/DD/YYYY].		Reviewer Comment (2017-02-17): Approval from compliance department to use the note date to calculate the borrower’s time on the current job.	02/17/2017
Missing all required information for the HOA.		Reviewer Comment (2017-02-09): All HOA information was provided. Reviewer Comment (2017-02-08): Information provided is missing phone number and e-mail address for contact person	02/09/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-02-02): Per the client’s guidance, the condition is waived.			02/02/2017
		Reviewer Comment (2017-02-08): Seller provided evidence Home Loan Toolkit provided within 3 days of application.	02/08/2017
		Reviewer Comment (2017-02-02): Cure provided on the final CD.		02/02/2017
		Reviewer Comment (2017-02-02): Cure provided on the final CD.		02/02/2017
		Reviewer Comment (2017-02-02): Cure provided on the final CD.		02/02/2017
		Reviewer Comment (2017-02-02): Cure provided on the final CD.		02/02/2017
		Reviewer Comment (2017-02-02): Cure provided on the final CD.		02/02/2017
The lender’s title insurance was disclosed in section B of the final CD and the provider was not on the SSPL. The fee should have been disclosed in section C. Provide a post-close CD and letter of explanation sent to the borrower disclosing the change.		Reviewer Comment (2017-02-13): LOE and evidence PCCD sent to borrower was provided. Reviewer Comment (2017-02-10): Seller provided PCCD, but LOE to borrower and evidence all sent to borrower is still outstanding. Exception remains open.	02/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Good Faith Redisclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201270449	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notary Fee. Fee Amount of $115.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7568)
201270449	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201270449	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201270449	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201270449	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201270450	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201270450	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,176.75 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201270452	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201270452	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-02-09): Seller provided COC and PCCD that resolves this issue	02/09/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-02-02): Per the client’s guidance, the condition is waived.			02/02/2017
Cure for (Title - Notary fee) of ($115.00) was not provided.		Reviewer Comment (2017-02-09): Seller provided PCCD moving notary fee to section C, as borrower shopped and notary fee added.	02/09/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-02-09): Wiring instructions have been provided.	02/09/2017
Seller provided corrected CD for notary expense. This CD also disclosed escrows based on improved property tax amount and no longer matches the IEAD. Provide updated IEAD, First Payment Letter, cover letter to borrower explaining changes and evidence revised CD sent to the borrower.		Reviewer Comment (2017-02-23): AIG provided an explanation that this File is new construction and therefore the docs will not match on this file.	02/23/2017
Cure for Loan Discount Fee of $1,176.75 was not provided.		Reviewer Comment (2017-02-06): Corrected PCCD, letter to borrower regarding refund and evidence of delivery to the borrower has been provided.		02/06/2017
The Loan Discount Points were disclosed on the initial CD dated 01/12/2017 as lender paid for $xx. On the final CD, the Loan Discount Points were disclosed for $xx paid by the borrower. The file did not contain a valid change of circumstance disclosure changing the fee back to lender paid. Provide a valid COC or a post-close CD with a cure of $xx, a letter of explanation to the borrower, and proof of refund and delivery for the tolerance violation.		Reviewer Comment (2017-02-06): Corrected PCCD, letter to borrower regarding refund and evidence of delivery to the borrower has been provided.		02/06/2017
The file was missing a copy of the lenders wiring instructions.		Reviewer Comment (2017-02-10): Seller provided wiring instructions. Reviewer Comment (2017-02-09): The seller provided a copy of the title company’s wiring instructions. A copy of the lender’s wiring instructions is required. Condition remains	02/10/2017
The file was missing the HOA information required by the guidelines.		Reviewer Comment (2017-02-14): The seller provided documentation verifying the HOA dues were current. Reviewer Comment (2017-02-13): Seller provided documentation from 12/17/16 showing dues due for [MM/DD/YYYY]; loan closed on [MM/DD/YYYY]. Exception remains. Reviewer Comment (2017-02-10): All required information was provided except status of dues. Exception remains. Reviewer Comment (2017-02-09): The seller provided an internet screenshot for the HOA project and management company information. The screenshot did not contain an email address, contact name or phone number, the management companies address, the tax id #, or the status of the dues as required by the guidelines. Condition remains	02/14/2017
		Reviewer Comment (2017-02-06): Fraud report provided.	02/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201270454	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $56.00 exceeds tolerance of $55.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201270454	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201272580	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201272580	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201272580	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $250.00 exceeds tolerance of $215.00. Sufficient or excess cure was provided to the borrower at Closing. (75174)
201272584	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
[REDACTED] 2015 business return is not signed.		Reviewer Comment (2017-02-06): Signed 1065 has been provided.	02/06/2017
[REDACTED] business returns for 2015 & 2014 are not signed.		Reviewer Comment (2017-02-06): Signed 1120S’s have been provided.	02/06/2017
The file is missing the signed business tax returns for the 2015/2014 for the borrower’s two businesses.		Reviewer Comment (2017-02-06): All missing signed tax returns have been provided.		02/06/2017
Missing all HOA information as required by the Guidelines.		Reviewer Comment (2017-02-07): Seller provided all of the required HOA information. Reviewer Comment (2017-02-06): Contact name, e-mail address and (if available) Tax ID missing	02/07/2017
		Reviewer Comment (2017-02-02): Cure provided on the final CD.		02/02/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-02-06): Seller provided wiring instructions.	02/06/2017
Disclosure reflects TIP of 69.370% but calculated TIP is 69.285%. The TIP disclosed on the final CD is based on an amount that includes the seller paid prepaid interest of $577.36. The calculated TIP did not include the seller prepaid interest.		Reviewer Comment (2017-02-16): Client elects to waive.	02/16/2017
Seller Closing Disclosure Seller Paid Fees Total $xx and Closing Disclosure Calculated Closing Costs Subtotals Paid By Seller At Closing $xx.		Reviewer Comment (2017-02-03): Per the client’s guidance, the condition is waived.			02/03/2017
		Reviewer Comment (2017-02-02): Credit from lender on Final closing CD		02/02/2017
Missing Wiring Instructions		Reviewer Comment (2017-02-10): Wiring instructions have been provided.	02/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201272584	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201272584	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $106.59 exceeds tolerance of $100.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201272584	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Phone is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201289273	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201289273	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201289273	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201289273	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201289273	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $644.61 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7200)
201289273	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $575.00 exceeds tolerance of $425.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201289277	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-02-03): Per the client’s guidance, the condition is waived.			02/03/2017
		Reviewer Comment (2017-02-02): Lender cured exception by refunding $6.59 to borrower at closing.		02/02/2017
Missing all required information for the HOA.		Reviewer Comment (2017-02-13): HOA information and explanation for why there is no telephone number for the branch has been provided.	02/13/2017
Provide a copy of the lender’s wiring instructions.		Reviewer Comment (2017-02-15): Seller provided wiring instructions.	02/15/2017
The file was missing a copy of the required Fraud Report.		Reviewer Comment (2017-02-15): Seller provided fraud report.	02/15/2017
		Reviewer Comment (2017-02-15): Seller provided evidence of delivery of Toolkit to borrower on 3/26/16.	02/15/2017
		Reviewer Comment (2017-02-09): Per the client’s guidance, the condition is waived.			02/09/2017
		Reviewer Comment (2017-02-09): Cure provided on the final CD.		02/09/2017
		Reviewer Comment (2017-02-09): Cure provided on the final CD.		02/09/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-02-10): Per the client’s guidance, the condition is waived.			02/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201293064	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201293064	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201293064	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201297917	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee. Fee Amount of $13.00 exceeds tolerance of $10.00. Insufficent or no cure was provided to the borrower. (7345)
201297917	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201297917	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201297920	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201297920	Compliance	Compliance	Federal Compliance	Commission History less than one year	Qualified Mortgage (Dodd-Frank 2014): Commission income earned for less than one (1) year not considered effective income and no valid exceptions. ([REDACTED] [REDACTED]
201297920	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201297920	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The final CD did not disclose the amount of closing costs financed in the calculating cash to close section on page 3. The actual amount of closing costs financed are $xx. Provide a post-close CD and a letter of explanation sent to the borrower disclosing the changes.		Reviewer Comment (2017-02-15): Seller provided a Letter of Explanation & Corrected PCCD dated 12/14/2017.		02/15/2017
The file was missing proof of the borrower’s consent to received e-docs.		Reviewer Comment (2017-02-15): Seller provided evidence of borrower’s consent to receive electronic disclosures.	02/15/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-02-15): Seller provided wiring instructions.	02/15/2017
Fee disclosed as $xx on LE dated 1/19/2017, but disclosed as $xx on Final CD.		Reviewer Comment (2017-02-10): $3.00 tolerance cure was issued on Final CD, which sufficiently cures the tolerance violation.		02/10/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-13): Per the client’s guidance, the condition is waived.			02/13/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-02-24): Seller provided wiring instructions.	02/24/2017
Fraud report missing from file.		Reviewer Comment (2017-02-16): Seller provided Fraud Report.	02/16/2017
Borrower income is salary plus commission. Evidence of a two year history of commissioned earnings has not been provided.		Reviewer Comment (2017-02-16): Seller provided verification of prior employment commission income for required 2 year history.	02/16/2017
A copy of the current lease on the rental property has not been provided.		Reviewer Comment (2017-02-22): Seller provided a lease for [Redacted] with renewal addendum.	02/22/2017
Borrower income is salary plus commission. Evidence of a two year history of commissioned earnings has not been provided. A copy of the current lease on the rental property has not been provided.		Reviewer Comment (2017-02-22): Seller provided a lease for [Redacted] with renewal addendum.	02/22/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201297920	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201297920	Credit	Loan Package Documentation	Closing / Title	Title: Evidence of title is missing
201297922	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201297922	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,656.25 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201297924	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure[MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201297924	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
201297924	Compliance	Compliance	Federal Compliance	TRID Final Loan Estimate 5 Year Paid Off	TILA-RESPA Integrated Disclosure - Comparisons: Loan Estimate provided on 12/22/2016 did not disclose the total principal paid off in 5 years. (Interim/12/22/2016)
201297924	Compliance	Compliance	Federal Compliance	TRID Final Loan Estimate 5 Year Payments	TILA-RESPA Integrated Disclosure - Comparisons: Loan Estimate provided on 12/22/2016 did not disclose the total principal paid off in 5 years. (Interim/12/22/2016)
201297925	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201308229	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-13): Per the client’s guidance, the condition is waived.			02/13/2017
Preliminary and / or final title have not been provided in file.		Reviewer Comment (2017-02-16): Seller provided the Title Commitment	02/16/2017
Cure for (Loan Discount Points fee) of ($1656.25) was not provided and the file did not contain a valid change of circumstance disclosure adding the Loan Discount Points to the initial CD dated 01/17/2017.		Reviewer Comment (2017-03-10): Seller provided final LE and valid COC for addition of Loan Discount Points to the loan Reviewer Comment (2017-02-21): Seller comment states “The Initial Closing Disclosure can be used as a Change of Circumstance when issued within four days of closing. The loan discount fee in the amount of $1,656.25 was disclosed on the Initial Closing Disclosure, therefore a refund is not due to the borrower” However, the Initial CD can be used as a point to re-baseline the fees so long as there is a valid Change in circumstance allowing for the fee change. Please provide a Valid CIC allowing for the addition of the Loan discount points charged to the borrower. Exception Remains.		03/10/2017
Fee was not disclosed on Loan Estimate and the file did not contain a valid change of circumstance disclosure adding the Loan Discount Points to the initial CD dated 01/17/2017.		Reviewer Comment (2017-03-10): Seller provided valid COC and final LE for addition of Loan Discount Points to the loan. Reviewer Comment (2017-02-21): Seller comment states “The Initial Closing Disclosure can be used as a Change of Circumstance when issued within four days of closing. The loan discount fee in the amount of $1,656.25 was disclosed on the Initial Closing Disclosure, therefore a refund is not due to the borrower” However, the Initial CD can be used as a point to re-baseline the fees so long as there is a valid Change in circumstance allowing for the fee change. Please provide a Valid CIC allowing for the addition of the Loan discount points charged to the borrower. Exception Remains.		03/10/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $45,136.25, while closing CD seller’s fees total $0.00.		Reviewer Comment (2017-02-14): Data was corrected on post close CD (SFIG).		02/14/2017
Disclosure reflects Deposit = $0, however sales contract reflects that there was a deposit.		Reviewer Comment (2017-02-14): Data was corrected on post close CD (SFIG).		02/14/2017
LE dated 12/22/16 is missing pages 2 and 3.		Reviewer Comment (2017-02-20): Seller provided complete LE dated 12/22/2016.	02/20/2017
LE dated 12/22/16 is missing pages 2 and 3.		Reviewer Comment (2017-02-20): Seller provided complete LE dated 12/22/2016.	02/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-14): Per the client’s guidance, the condition is waived.			02/14/2017
Home Loan Toolkit is missing from file.		Reviewer Comment (2017-02-16): Seller provided evidence Your Home Loan Toolkit Disclosure provided to applicant.	02/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Can Only Cure by Final LE, not on CD Once the initial CD is issued this cannot be cured
1	A	XXXX	XX	Primary	Purchase	Can Only Cure by Final LE, not on CD Once the initial CD is issued this cannot be cured
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201308229	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201308229	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201308229	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $150.00 exceeds tolerance of $120.00 plus 10% or $132.00. Insufficient or no cure was provided to the borrower. (0)
201308229	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201308229	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201308229	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201308229	Credit	Borrower and Mortgage Eligibility	Borrower Eligibility	1003 Error: Citizenship Source Documentation was not provided	Borrower: [REDACTED]
201308229	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201308233	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201308233	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $220.00 exceeds tolerance of $150.00 plus 10% or $165.00. Sufficient or excess cure was provided to the borrower at Closing. (0)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Evidence of earlier borrower receipt was not found in file. The file only contained the final CD issued 02/02/2017 and the post-close CD issued 02/07/2017. A copy of the initial CD was not provided. Per the documentation in the file a CD was issued, delivered, and received on 01/30/2017.		Reviewer Comment (2017-02-16): Seller provided initial CD dated 1/30/2017 signed by the borrower.	02/16/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-14): Per the client’s guidance, the condition is waived.			02/14/2017
($18.00) violation due to increase in (Recording fee(s)).		Reviewer Comment (2017-02-14): Cure provided on Final CD.		02/14/2017
Proof of the lender’s QM designation missing from file.		Reviewer Comment (2017-02-16): Seller provided Mavent Report.	02/16/2017
24 month rental history has not been provided as required for First Time Homebuyer. An acceptable VOR or cancelled checks with supporting bank statements for the previous 24 months must be provided		Reviewer Comment (2017-03-06): Seller provided VOR and banks statements verifying 24 months payments. Reviewer Comment (2017-02-23): Please provide an acceptable VOR with 24 month history reflecting the correct monthly payment. Reviewer Comment (2017-02-16): Seller provided an expired lease dated 4/16/2013, amount on lease does not match monthly bank transfers. Please provided an updated lease agreement with a LOX.	03/06/2017
Missing lenders wire instructions.		Reviewer Comment (2017-02-16): Seller provided wiring instructions.	02/16/2017
Permanent resident alien card has not been provided.		Reviewer Comment (2017-02-16): Seller provided resident alien card.	02/16/2017
The file was missing a copy of the required Fraud Report.		Reviewer Comment (2017-02-17): Fraud report has been provided. Reviewer Comment (2017-02-16): Seller provided Fraud Report.	02/17/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-02-15): Per the client’s guidance, the condition is waived.			02/15/2017
($55.00) violation due to increase in (Recording fee(s)).		Reviewer Comment (2017-02-15): Cure provided on the final CD		02/15/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201308233	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $684.00 exceeds tolerance of $584.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201308233	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201308235	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $118.00 exceeds tolerance of $76.00 plus 10% or $83.60. Sufficient or excess cure was provided to the borrower at Closing. (0)
201308235	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $60.50 exceeds tolerance of $55.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201308235	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201308236	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201308236	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Have Escrow - Initial Escrow Payment	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed the Initial Escrow Payment that does not match the escrow payment disclosed on page 2. (Final/[MM/DD/YYYY])
201308236	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201308236	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of 2.28 is less than Guideline PITIA months reserves of 15.00.
201308236	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as ($xx) on (LE dated 11/21/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-02-15): Cure provided on the final CD		02/15/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-02-17): Seller provided wiring instructions.	02/17/2017
($34.40) violation due to increase in (Recording fee(s)).		Reviewer Comment (2017-02-15): Cure provided on final CD		02/15/2017
Fee disclosed as ($xx) on (LE dated 01/03/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-02-15): Cure provided on final CD		02/15/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-02-17): Seller provided wiring instructions.	02/17/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-02-17): Seller provided wiring instructions.	02/17/2017
The final CD reflects $1,369.05 for the initial escrow account deposit on page 4, however reflects $1,369.11 on page 2 in section G. The initial escrow account disclosure verified the initial escrow account deposit of $1,369.05.		Reviewer Comment (2017-02-17): Seller provided corrected PCCD, LOE to borrower and evidence documents were sent to the borrower.		02/17/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-15): Per the client’s guidance, the condition is waived.			02/15/2017
2.28 months reserves less than 15 months required. The final 1003 disclosed $xx in a retirement account; however the account statements were not provided in the file.		Reviewer Comment (2017-02-17): Seller provided 401(K) account statements and terms of withdrawal verifying sufficient reserves.	02/17/2017
Missing all required information for the HOA.		Reviewer Comment (2017-02-17): Seller provided all HOA information	02/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201308236	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account statement Inaccurate	RESPA (2010): Initial escrow account statement does not match charges on Final Closing Disclosure.
201308237	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201308237	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201308238	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201308238	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201310733	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201310733	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201310733	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201388527	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201388527	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The final CD reflects the initial escrow account deposit of $1,369.11 on page 2 in section G. The initial escrow account disclosure verified the initial escrow account deposit of $1,369.05.		Reviewer Comment (2017-02-17): Seller provided corrected PCCD, LOE to borrower and evidence documents were sent to the borrower.	02/17/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-03-03): Seller provided a Letter of Explanation & Corrected PCCD.		03/03/2017
Cure for Title-Recording Service Fee 0% tolerance violation ($2.00) was not provided. The fee was reduced on the post-close CD matching the final settlement statement; however a letter of explanation sent to the borrower explaining the reason for the post-close CD was not provided.		Reviewer Comment (2017-03-03): Seller provided a Letter of Explanation, Corrected PCCD, Refund Check to Borrower and Proof of Delivery.		03/03/2017
TRID - Non Compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on Borrower’s Final Closing Disclosure. Seller CD fees total $18,113.80, while closing CD seller’s fees total $150.00		Reviewer Comment (2017-02-15): Per the client’s guidance, the condition is waived.			02/15/2017
Missing all required information for the HOA.		Reviewer Comment (2017-02-27): Seller provided the full and complete HOA information as required per guidelines. Reviewer Comment (2017-02-24): Seller provided HOA address, phone and email, however the contact name was not provided.	02/27/2017
Per the insurance documentation in the file, the total dwelling coverage was $xx ($xx dwelling + $xx extended replacement cost + $xx separate structure). The cost to rebuild on the appraisal was $xx, the coverage is insufficient by $xx. Provide additional coverage or proof the policy has guaranteed replacement cost coverage.		Reviewer Comment (2017-02-20): Seller provided reconstruction cost estimate; coverage is sufficient.	02/20/2017
The file was missing a copy of the separate Seller’s CD.		Reviewer Comment (2017-02-20): Seller provided the Seller’s CD.	02/20/2017
		Reviewer Comment (2017-02-20): Per the client’s guidance, condition is waived.			02/20/2017
The required fraud report for both borrowers was not provided in the file.		Reviewer Comment (2017-02-28): Seller provided Fraud Report. Reviewer Comment (2017-02-23): Please provide the required fraud report for both borrowers.	02/28/2017
		Reviewer Comment (2017-02-17): Per the client’s guidance, the condition is waived.			02/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201390269	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201390269	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $49.60 exceeds tolerance of $18.00. Insufficent or no cure was provided to the borrower. (7520)
201390269	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201390271	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201390614	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201390614	Compliance	Compliance	Federal Compliance	QM Employment History - Cumulative Job prior to Gap	Qualified Mortgage (Dodd-Frank 2014): Cumulative Job History pre-Gap with LOE, lacking 2 years employment history prior to the Gap. ([REDACTED]/[REDACTED]/496448)
201390614	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201392338	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/18/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/01/18/2017)
201392338	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/20/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Interim/01/20/2017)
201392338	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Post consummation CD dated 02/07/2017 reflects a cure amount of $31.30 which is sufficient to cure the credit report tolerance violation; however a copy of the letter sent to the borrower disclosing the changes, a copy of the refund check and evidence of delivery were not found in the file.		Reviewer Comment (2017-02-22): Seller provided LOE to borrower and final settlement statement that matches the PCCD as evidence monies were refunded to the borrower.		02/22/2017
Fee disclosed as ($xx; actual $xx) on (LE dated 10/06/16), but disclosed as ($xx) on Final Closing Disclosure. Post consummation CD dated 02/07/2017 reflects a cure amount of $31.30 which is sufficient to cure the credit report tolerance violation; however a copy of the letter sent to the borrower disclosing the changes, a copy of the refund check and evidence of delivery were not found in the file.		Reviewer Comment (2017-02-22): Seller provided LOE to borrower and final settlement statement that matches the PCCD as evidence monies were refunded to the borrower.	02/22/2017
The final CD and post-close CD did not reflect the amount for Closing Costs Financed in the Calculating Cash to Close section on page 3. The amount of closing costs financed is $xx.		Reviewer Comment (2017-02-22): Seller provided PCCD with correct closing xosts financed, along with LOE to borrower and evidence the CD was sent to the borrower.		02/22/2017
The final CD identified in the file has a closing date and signature date of [MM/DD/YYYY]; however the CD has an issue date of [MM/DD/YYYY]. Provide a copy of the final CD with an issue date on or before the signature date.		Reviewer Comment (2017-02-22): Seller provided the final CD with an issue date of [MM/DD/YYYY] signed by borrowers [MM/DD/YYYY]. CD issued 2/9/17 was post close to correct the appraised value.	02/22/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $2xx.		Reviewer Comment (2017-02-21): Per the client’s guidance, the condition is waived.			02/21/2017
Per Appendix Q, borrowers returning to work after an extended absence (defined as six months), may be considered as having stable income provided they’ve been in their current employment position for a minimum of six months, and borrower can document a two year work history prior to an absence from employment. The prior employment documented prior to gap is less than 2 years, one year and nine months. Provide the borrower’s prior employment history before the employment with [REDACTED] ending 06/18/2015.		Reviewer Comment (2017-03-13): Seller has provided prior employment history.	03/13/2017
Per Appendix Q, borrowers returning to work after an extended absence (defined as six months), may be considered as having stable income provided they’ve been in their current employment position for a minimum of six months, and borrower can document a two year work history prior to an absence from employment. The prior employment documented prior to gap is less than 2 years, one year and nine months. Provide the borrower’s prior employment history before the employment with [REDACTED] ending 06/18/2015.		Reviewer Comment (2017-03-13): Seller has provided prior employment history.	03/13/2017
The e-consent disclosure in file is dated 01/26/2017; however the initial LE was delivered and signed electronically on 01/18/2017. Provide a copy of the borrower’s e-consent on or prior to 01/18/2017.		Reviewer Comment (2017-02-27): Seller provided evidence of borrowers consent to receive electronic disclosures 1/18/17.	02/27/2017
The e-consent disclosure in file is dated 01/26/2017; however the re-disclosed LE was delivered and signed electronically on 01/20/2017. Provide a copy of the borrower’s e-consent on or prior to 01/18/2017.		Reviewer Comment (2017-02-27): Seller provided evidence of borrowers consent to receive electronic disclosures 1/18/17 and again on 1/20/17.	02/27/2017
Sellers CD has not been provided in the loan documents.		Reviewer Comment (2017-03-02): Seller CD has been provided.	03/02/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201392338	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201392339	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201392339	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $475.00 exceeds tolerance of $350.00. Sufficient or excess cure was provided to the borrower at Closing. (7508)
201392339	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201392341	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
201392341	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201392342	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201392342	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201392342	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201392342	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $460.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7508)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-02): Per the client’s guidance, condition is waived.			03/02/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-02-22): Per the client’s guidance, the condition is waived.			02/22/2017
Fee disclosed as ($xx) on (LE dated 01/17/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-02-22): Cure provided on the final CD		02/22/2017
The file did not contain documentation verifying the HOA/Management Company tax id; address; and contact email address.		Reviewer Comment (2017-03-02): Seller has provided all available, required HOA information.	03/02/2017
The file is missing two years personal tax returns as required by the guidelines.		Reviewer Comment (2017-03-07): Seller has provided signed 2014/2015 returns.	03/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-02-22): Per the client’s guidance, the condition is waived.			02/22/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-02-22): Per the client’s guidance, the condition is waived.			02/22/2017
Missing YTD profit and loss and balance sheet.		Reviewer Comment (2017-03-02): Seller has provided a YTD profit and loss and balance sheet.	03/02/2017
Missing YTD profit and loss and balance sheet.		Reviewer Comment (2017-03-02): Seller has provided a YTD profit and loss and balance sheet.	03/02/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-02-22): Cure was provided on the final CD.		02/22/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201395553	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/01/25/2017)
201395553	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201395553	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201395555	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201395555	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Contact Name is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201395556	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201395556	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201395557	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201395557	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201395558	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained a copy of the waiver to receive a copy of the appraisal at least 3 days prior to closing; however the file was missing proof the borrower received a copy of the appraisal at or before closing.		Reviewer Comment (2017-02-28): Seller provided evidence of delivery of appraisal to borrower.	02/28/2017
Home Loan Toolkit disclosure or proof of delivery was missing from the file.		Reviewer Comment (2017-02-28): Seller provided evidence of delivery of the Toolkit to the borrower.	02/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-24): Per the client’s guidance, the condition is waived.			02/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-22): Data was corrected on post close CD (SFIG).		02/22/2017
Provide a contact name and phone number for the HOA/Management company as required by the guidelines.		Reviewer Comment (2017-03-07): Seller has provided all required HOA information.	03/07/2017
Seller’s Disclosure discloses $xx in seller paid fees vs Borrower Final Closing Disclosure discloses $xx in seller paid fees.		Reviewer Comment (2017-02-23): Per the client’s guidance, the condition is waived.			02/23/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-02-27): Seller provided wiring instructions.	02/27/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-02-27): Seller provided wiring instructions.	02/27/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-23): Per the client’s guidance, the condition is waived.			02/23/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-02-27): Seller provided wiring instructions.	02/27/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201395558	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201395559	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201395559	Compliance	Compliance	Federal Compliance	QM Points and Fees	Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of 4.80919% is in excess of the allowable maximum of 3.00000% of the Federal Total Loan Amount. Points and Fees total $25,458.50 on a Federal Total Loan Amount of $xx vs. an allowable total of $15,881.16 (an overage of $9,577.34 or 1.80919%).
201395559	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201395559	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $6.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7579)
201395559	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $47.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7580)
201395559	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201395559	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan). Fee Amount of $6.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower. (7579)
201395559	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Tax Service Fee (Life Of Loan). Fee Amount of $47.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower. (7580)
201395563	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-23): Per the client’s guidance, the condition is waived.			02/23/2017
The loan failed the QM points and fees test due to the discount points were not bona fide and could not be excluded.		Reviewer Comment (2017-03-29): Seller provided a Letter of Explanation, Check to Borrower and Proof of Delivery. Reviewer Comment (2017-03-23): Seller has provided a letter of explanation to the borrower along with a request for the check to be mailed with proof of delivery. Check to borrower to be uploaded.		03/29/2017
When more than one discount point is paid, AMC will treat each discount point equally unless the loan file attributes a varying percentage reduction to each discount point. On this loan we have an undiscounted rate of 5.00% compared to a note rate of 4.50%. The reduction of 0.50% would only attribute 0.187% for each discount point paid (0.50 / 2.673). This does not meet the established industry standard of 0.25% for each reduction of 1%. Therefore, the discount points would not be considered bona fide and therefore not able to be excluded.		Reviewer Comment (2017-03-29): Seller provided a Letter of Explanation, Check to Borrower and Proof of Delivery. Reviewer Comment (2017-03-23): Seller has provided a letter of explanation to the borrower along with a request for the check to be mailed with proof of delivery. Check to borrower to be uploaded. Reviewer Comment (2017-03-16): In response from our compliance department: While we do not disagree with this calculation, the amount that is eligible for exclusion are only those discount points paid for the express purpose of reducing the interest rate from the starting rate, that being the 0.135 discount. Any LLPAs or specific rate adjustments that are applied to arrive at the starting rate of 5% are not eligible for the discount point exclusion. Consider the following breakdown: • Starting adjusted rate of 5.00% at base price of 2.538%. • Borrower agrees to pay 0.135 ($735.48) in discount points to lower the rate to 4.50%. Only the additional 0.135 discount points paid by the borrower for the specific purpose of reducing the rate is eligible for exclusion from the points and fees test since the 2.538 points paid ($13,827.02) are required to get the starting adjusted rate of 5.00%. • To calculate the actual amount to be considered for bona fide discount points testing, subtract the undiscounted points ($13,827.02) from the total amount reflected on the CD for discount points, $14,562.50. • $14,562.50 - $13,827.02 = $735.48 The remaining $735.48 (0.135%) represents the discount points paid for the specific purpose of reducing the rate to 4.50%. With an Undiscounted Rate of 5.00% and a Note Rate of 4.50%, we have a 0.50 reduction in rate at 0.135 discount points paid.0.50 / 0.135 =3.70% (meets established industry standards (0.25%) for bona fide discount point). Therefore, 0.135 discount points ($735.48) are considered bona fide and eligible for exclusion. Can they be excluded? • APOR = 4.36% • Starting adjusted rate (5.00%) minus APOR (4.36%) = 0.64% • As difference is =< 1%, up to two bona fide discount points may be excluded.The entire 0.135 bona fide discount point ($735.48) may be excluded from QM 3% points and fees calculation. At the end of the day, the amount of bona fide discount points that are eligible for exclusion is a nominal amount and will still not be enough to bring the points and fees under the 3% threshold, which currently exceeds the threshold by 1.81 points.		03/29/2017
Cure for various 0% tolerance violations ($53.00) was not provided.		Reviewer Comment (2017-03-08): Seller has provided a Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.		03/08/2017
Fee was not disclosed on the initial Loan Estimate. It was disclosed on the revised LE dated 01/16/2017; however a valid change of circumstance disclosure was not provided.		Reviewer Comment (2017-03-08): Seller has provided a Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.		03/08/2017
Fee was not disclosed on the initial Loan Estimate. It was disclosed on the revised LE dated 01/16/2017; however a valid change of circumstance disclosure was not provided.		Reviewer Comment (2017-03-08): Seller has provided a Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.		03/08/2017
A copy of the refund check, letter of explanation sent to the borrower, and proof of delivery was provided to cure the QM Points and Fees condition. However per the guidance sent to the seller on 03/20/2017, a Post-Close CD is also required disclosing the refund.		Reviewer Comment (2017-04-17): Seller provided post close CD with corrected cure, reflecting refund sent to the borrowers. Reviewer Comment (2017-04-04): The CD that has been provided is incorrect. The refund should be shown on the CD just like any other credit/cure and should be in addition to the $53 cure previously disclosed. The total cure/credit should be reflected on pages 1, 2 and in the Calculating Cash to Close table on page 3 of the CD		04/17/2017
		Reviewer Comment (2017-04-18): Sufficient cure provided at closing. Reviewer Comment (2017-04-17): Sufficient cure provided.		04/18/2017
		Reviewer Comment (2017-04-18): Cure provided at closing Reviewer Comment (2017-04-17): Sufficient cure provided.		04/18/2017
Disclosure reflects TIP of (74.654%) but calculated TIP is (74.474%). The TIP disclosed on the final CD is based on an amount that includes the seller paid prepaid interest of $xx. The calculated TIP did not include the seller paid prepaid interest.		Reviewer Comment (2017-02-28): Client elects to waive.			02/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Refinance - Rate/Term	If a creditor or assignee determines after consummation that the total points and fees exceeds the 3% limit, but the loan meets the other requirements to be a QM, the excess amount can be refunded with the following conditions: 1) The refund is made within 210 days of consummation; 2) The consumer has not instituted any actions against the creditor or provided written notice that the loan’s fees exceeded the legal limit; 3) The loan is not 60 days delinquent; 4) The creditor or assignee (depending who is curing) has policies in place to identify and cure excessive fees collected from the consumer (the creditor or assignee can only take advantage of this cure provision if they maintain policies and procedures for post-consummation review of points and fees and for providing the cure payments). The lender will also be required to provide a copy of the refund check and proof of delivery.
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201395563	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201395564	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201395564	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201395564	Compliance	Compliance	Federal Compliance	Self Employed Financial Strength	Qualified Mortgage (Dodd-Frank 2014): Financial strength of self-employed business reflects annual earnings that significantly decline over the analysis period. ([REDACTED] [REDACTED]/S-Corp)
201395564	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201395564	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201395564	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201395564	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $250.00 exceeds tolerance of $180.00 plus 10% or $198.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201395564	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $800.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75104)
201395564	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $10.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (8304)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-24): Per the client’s guidance, the condition is waived.			02/24/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-01): Seller provided wire instructions.	03/01/2017
Missing 2016 P&L and Balance Sheet for the borrower.		Reviewer Comment (2017-03-07): Seller has provided 2016 P&L and Balance Sheet for borrower [Redacted]. Reviewer Comment (2017-03-03): Seller has provided information previously reviewed 3/1/17. The CPA letter provided references [Redacted]‘s self employment income as [Redacted] and previously [REDACTED], However the borrower [Redacted] is also self employed under [Redacted], a P&L and Balance Sheet for [Redacted] has not been provided and is required. Reviewer Comment (2017-03-01): Seller has provided a P&L & CPA letter for [Redacted], however a P&L and Balance Sheet for the borrower ([Redacted]) self employment income, [Redacted], has not been provided. Exception remains.	03/07/2017
Missing 2016 P&L and Balance Sheet for the borrower. P&L will determine if there is a significant decline in income, if so, a letter of explanation for the decline is required.		Reviewer Comment (2017-03-07): Seller has provided 2016 P&L and Balance Sheet for borrower [Redacted]. Reviewer Comment (2017-03-01): Seller has provided a P&L & CPA letter for [Redacted], however a P&L and Balance Sheet for the borrower ([Redacted]) self employment income, [Redacted], has not been provided. Exception remains.	03/07/2017
Profit and loss and balance sheet for the borrower’s business was not provided.		Reviewer Comment (2017-03-07): Seller has provided 2016 P&L and Balance Sheet for borrower [Redacted]. Reviewer Comment (2017-03-01): Seller has provided a P&L & CPA letter for [Redacted], however a P&L and Balance Sheet for the borrower ([Redacted]) self employment income, [Redacted], has not been provided. Exception remains.	03/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-02-23): Per the client’s guidance, the condition is waived.			02/23/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-10): Seller has provided all HOA information. Reviewer Comment (2017-03-07): The HOA provided does not contain a phone number as required and email address and tax id (if available) Reviewer Comment (2017-03-01): Seller provided the HOA Address and contact name, however, the Tax ID, phone number and contact email were not provided.	03/10/2017
($52.00) violation due to increase in (Recording fee(s)).		Reviewer Comment (2017-02-23): Cure provided on the final CD		02/23/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-02-23): Cure provided on the final CD		02/23/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-02-23): Cure provided on the final CD		02/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201395564	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $475.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)
201395564	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201395913	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201395913	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201395913	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201395913	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201395913	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201395915	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201395915	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201395915	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-02-23): Cure provided on the final CD		02/23/2017
Provide a revised DU approval identifying the subject property as a PUD. The DU in file identified the subject property as a detached SFR.		Reviewer Comment (2017-03-01): Seller has provided an updated AUS reflecting property as a PUD.	03/01/2017
The file is missing the YTD profit and loss and balance sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-03-17): Seller has provided P&L and Balance Sheet.	03/17/2017
The file is missing the YTD profit and loss and balance sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-03-17): Seller has provided P&L and Balance Sheet.	03/17/2017
Disclosure reflects TIP of (74.462%) but calculated TIP is (74.474%). The TIP disclosed on the final CD is based on an amount that includes the seller paid prepaid interest of $-70.57. The calculated TIP did not include the seller paid prepaid interest.		Reviewer Comment (2017-03-01): Client elects to waive.			03/01/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-27): Per the client’s guidance, the condition is waived.			02/27/2017
Final CD reflects “Title - Lender’s Title Agent” fee payable to [Redacted] in section C (Services Borrower Did Shop For). This fee was disclosed in Section C of the LE (Services You Can Shop For). [Redacted] is a vendor reflected on the SSPL. As a result, this fee should have been disclosed in Section B (Services Borrower Did Not Shop For) on the CD.		Reviewer Comment (2017-02-23): Post Close CD and Letter of Explanation were provided to borrowers 2/14/2017, correcting this error.		02/23/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-06): Seller provided wire instructions.	03/06/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-27): Per the client’s guidance, the condition is waived.			02/27/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-07): Seller has provided HOA information.	03/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201395917	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201395917	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201395917	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201395917	Credit	Borrower and Mortgage Eligibility	Borrower Eligibility	1003 Error: Citizenship Source Documentation was not provided	Borrower: [REDACTED]
201395917	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201395919	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201400693	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase	02/26/2017
201400695	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201400695	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Timing	Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application.
201400696	Compliance	Compliance	Federal Compliance	TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 3, 5, 7, 8, 9, 10 or DC)	Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-03-01): Corrected PCCD, COC and evidence documents sent to borrower were provided.		03/01/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-02-27): Per the client’s guidance, the condition is waived.			02/27/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-01): Seller provided wiring instructions	03/01/2017
Co-borrower is a Permanent Resident Alien. The file is missing the permanent resident card.		Reviewer Comment (2017-03-01): Seller provided permanent resident alien care for co-borrower.	03/01/2017
PCCD provided to address closing date exception. However, disbursement date also changed, reducing cash from borrower by $xx. Please provide copy of check refunding this amount to the borrower, along with letter of explanation and evidence check sent to borrower.		Reviewer Comment (2017-03-06): Seller provided settlement statement that matches PCCD, evidencing borrowers are not due a refund. Reviewer Comment (2017-03-03): Please provide the Final Settlement Statement as loan funded, for verification fees match PCCD.	03/06/2017
TRID Non-Compliant: Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD Fees total $xx while Borrower’s closing CD seller’s fees total $xx		Reviewer Comment (2017-02-27): Per the client’s guidance, the condition is waived.			02/27/2017
		Reviewer Comment (2017-03-15): Seller has provided a written explanation for the delay.	03/15/2017
		Reviewer Comment (2017-03-02): Seller has provided wire instructions.	03/02/2017
File includes copy of the Home Loan Toolkit Disclosure, however, it is not dated. No evidence of date provided found in file.		Reviewer Comment (2017-03-02): Seller provided evidence the Home Loan Toolkit Disclosure was provided to applicant within 3 business days of application.	03/02/2017
Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used.		Reviewer Comment (2017-03-03): Client elects to waive.			03/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
3	C	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	C	A	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201439276	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201439276	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201439276	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201439276	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $200.00 exceeds tolerance of $150.00 plus 10% or $165.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201439276	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/02/21/2017)
201439278	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201439278	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201439278	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Tax Certificate Fee. Fee Amount of $49.06 exceeds tolerance of $48.00. Insufficient or no cure was provided to the borrower. (75204)
201439278	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201439278	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Tax Certificate Fee. Fee Amount of $49.06 exceeds tolerance of $48.00. Sufficient or excess cure was provided to the borrower at Closing. (75204)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-03): Seller provided wire instructions.	03/03/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-03-10): Seller provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-03-09): Corrected PCCD has been provided but prepaid interest shown on the CD does not match interest shown on the final settlement statement.		03/10/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-01): Per the client’s guidance, the condition is waived.			03/01/2017
		Reviewer Comment (2017-02-28): Cure of $xx was provided on the final CD.		02/28/2017
The appraisal was updated and has a report date of [MM/DD/YYYY]. The borrower received a copy of the appraisal on 02/06/2017. Provide proof the borrower received a copy of the updated appraisal report.		Reviewer Comment (2017-03-09): Seller provided clarification that the appraisal was changed post consummation and was not part of the credit decision. The borrower received all copies of the appraisal that were required per the regs. Reviewer Comment (2017-03-03): Seller provided evidence appraisal was provided on 2/6/17 prior to appraisal report date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with ECOA § 1002.14(a)(1). Please provide evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal was sent to the borrower.	03/09/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-01): Per the client’s guidance, the condition is waived.			03/01/2017
A cure of $xx was provided on the final CD; which was insufficient to cure the tolerance violation of $1.06.		Reviewer Comment (2017-03-06): Seller provided documentation verifying the tax cert initial cost was $48.34. The cure provided on the final CD was sufficient. Reviewer Comment (2017-03-03): Seller provided a letter of explanation stating the unrounded cost of the Tax Cert is $48.34. Provide a copy of an invoice or other documentation verifying the actual cost. When the documentation is provided, the tolerance cure provided on the final CD is sufficient. Condition remains	03/06/2017
Fee disclosed as $xx on the initial LE, but disclosed as $xx on Final Closing Disclosure. A cure of $xx was provided on the final CD; however the cure was insufficient to cover the tolerance violation of $1.06.		Reviewer Comment (2017-03-06): Seller provided documentation verifying the tax cert initial cost was $48.34. The cure provided on the final CD was sufficient. Reviewer Comment (2017-03-03): Seller provided a letter of explanation stating the unrounded cost of the Tax Cert is $48.34. Provide a copy of an invoice or other documentation verifying the actual cost. When the documentation is provided, the tolerance cure provided on the final CD is sufficient. Condition remains	03/06/2017
The file was missing the required HOA information.		Reviewer Comment (2017-03-09): Seller provided all missing HOA information.	03/09/2017
		Reviewer Comment (2017-03-06): Cure provided on the final CD.		03/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201439279	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201439279	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201439279	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Secondary/02/06/2017)
201439279	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide “Right to Receive a Copy” appraisal disclosure to applicant within three (3) business days of application or determination of first lien status.
201439279	Compliance	Compliance	Federal Compliance	RESPA Servicing Disclosure: Servicing Disclosure Statement Not Provided Within 3 Business Days of Application	RESPA Servicing Disclosure Rule: Creditor did not provide Servicing Disclosure Statement to applicant within three (3) business days of application.
201439279	Compliance	Compliance	Federal Compliance	RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application.
201439279	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Timing	TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial/01/19/2017)
201439279	Compliance	Compliance	Federal Compliance	TRID Service Provider Timing	TILA-RESPA Integrated Disclosure: Borrower did not receive a list of service providers within 3 business days of application.
201439279	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201439279	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Dec Page not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-09): Seller has provided wire instructions.	03/09/2017
Evidence of earlier borrower receipt was not found in file. The only CD in the file was the final CD issued and executed on [MM/DD/YYYY].		Reviewer Comment (2017-03-06): Seller provided evidence of initial CD prepared on 2/317 and signed by borrowers on 2/6/17 Reviewer Comment (2017-03-06): .	03/06/2017
The file contained documentation that the borrower received a copy of the appraisal on 01/26/2017; however the appraisal report date is [MM/DD/YYYY]. Provide documentation that the borrower received a copy of the appraisal on or after 02/06/2017.		Reviewer Comment (2017-03-06): Seller provided evidence appraisal sent to borrower on 2/6/17.	03/06/2017
Per the ComplianceEase report and the initial application, the application date is [MM/DD/YYYY]. The disclosure in file was dated 01/19/2017.		Reviewer Comment (2017-03-06): Seller provided evidence LE was sent to borrower on 01/13/2017, containing “Right to Receive Copy of the Appraisal” and Servicing Transfer Disclosure.	03/06/2017
Per the ComplianceEase report and the initial application, the application date is [MM/DD/YYYY]. The disclosure in file was dated 01/19/2017.		Reviewer Comment (2017-03-06): Seller provided evidence LE was sent to borrower on 01/13/2017, containing “Right to Receive Copy of the Appraisal” and Servicing Transfer Disclosure.	03/06/2017
Per the ComplianceEase report and the initial application, the application date is [MM/DD/YYYY]. The disclosure in file was dated 01/19/2017.		Reviewer Comment (2017-04-12): Seller provided additional information supporting using application date of [MM/DD/YYYY]. Reviewer Comment (2017-03-31): The seller provided a letter of explanation from the loan officer to verify the application date. The LOE states that the rate was locked on the 12th and the loan officer states that a commitment from the borrower to move forward was made when the rate was locked. Therefore the application date of [MM/DD/YYYY] is valid and the List of Homeownership Counseling Organizations disclosure was required to be provided within 3 business days of the application date. Condition remains; Reviewer Comment (2017-03-22): The loan was elevated to the AMC Compliance department. Additional information is required to verify the delivery of the RESPA documentation and to verify the timing of the disclosures. Provide clarification of what the remaining piece of information was deemed necessary in order for the application to become active and verification it was received on 01/18/2017. Reviewer Comment (2017-03-13): Per 1003, LE and compliance report, application date is [MM/DD/YYYY]. Information provided is not sufficient to clear this condition. Evidence list of Homeownership Counseling Organizations was provided within three days of application is required. Exception remains. Reviewer Comment (2017-03-09): Seller provided an LE dated 1/13, however evidence that List of Homeownership Counseling Organizations was provided to borrower within 3 days of application date was not provided.	04/12/2017
Per the ComplianceEase report and the initial application, the application date is [MM/DD/YYYY]. The earliest LE in file was dated 01/19/2017.		Reviewer Comment (2017-03-06): Seller provided evidence LE was sent to borrower on 01/13/2017,	03/06/2017
Per the ComplianceEase report and the initial application, the application date is [MM/DD/YYYY]. The disclosure in file was dated 01/19/2017.		Reviewer Comment (2017-03-06): Seller provided evidence Service Provider List was sent to borrower on 01/13/2017.	03/06/2017
Provide a copy of the LE that was sent to the borrower on 1/13		Reviewer Comment (2017-03-09): Seller has provided LE dated 1/13/17.	03/09/2017
Updated hazard insurance dec page showing renewal information and updated expiration date is required.		Reviewer Comment (2017-04-18): Updated insurance information (new dec page) has been received.	04/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201439279	Credit	Credit	Misc	Credit Exception:
201440300	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201440300	Compliance	Compliance	Federal Compliance	RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application.
201440300	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201440300	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Assumption	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan allows for Assumption. (Final/[MM/DD/YYYY])
201440301	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201440301	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201440301	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Timing	Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application.
201440301	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201440301	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/20/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/01/20/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The condition documentation was not provided within 45 days from the note date. Provide a letter of explanation for the delay and the pay history verifying the first payment due [MM/DD/YYYY] was made.		Reviewer Comment (2017-04-21): Letter of explanation for delay and evidence 4/1/17 payment has been made has been received.	04/21/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-06): Seller provided wiring instructions.	03/06/2017
		Reviewer Comment (2017-03-08): Seller has provided evidence List of Homeownership Counseling Organizations was provided within 3 Business Days of Application. Reviewer Comment (2017-03-06): List provided is dated 1/31, which is not within three days of application.	03/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-02): Per the client’s guidance, the condition is waived.			03/02/2017
The final CD states if the borrower sells or transfers the property to another person, the lender will allow, under certain conditions, the person to assume the loan based on the original terms. The Note and Deed of Trust do not have assumability language. Provide a post-close CD and letter of explanation sent to the borrower correcting the information..		Reviewer Comment (2017-03-06): PCCD and LOE sent to borrower have been provided.		03/06/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-02): Per the client’s guidance, the condition is waived.			03/02/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-20): Seller has provided all HOA information. Reviewer Comment (2017-03-15): Seller has provided all HOA contact information, however the status of the dues is also required and has not been provided. Reviewer Comment (2017-03-13): Seller comments state “Quote from Appraiser, The HOA information is only required if the builder is in control of the HOA?... HOA info not required. Please waive this condition.” However appraisal reflects a HOA payment of $293. Guidelines require we collect the HOA company, address, phone number, contact name and contact email and tax id (if available). Condition is not referring to a correction to the appraisal. Please provide this missing information. Reviewer Comment (2017-03-13): HOA information is required on all PUDs and condominiums, regardless of whether builder or HOA is in control. Exception remains. Reviewer Comment (2017-03-07): Investor requires the following for all properties with HOAs: Association/Management Company name and full address; Tax ID (if available); status of dues; and full name, phone number and e-mail address of a contact person at the HOA	03/20/2017
File shows evidence Toolkit was provided 1/25/2017, vs application date of [MM/DD/YYYY]. Evidence of earlier borrower receipt not found in file.		Reviewer Comment (2017-03-06): Seller provided evidence Home Loan Toolkit Disclosure was provided to applicant within 3 business days of application. Reviewer Comment (2017-03-06): .	03/06/2017
Final CD reflects Fees in Section B and Section C that are missing payees (Collateral Review Fee, Title - Simplifile Service Charge, Title - Endorsements, Title - Lender’s Title Insurance, and Title - Processing Charge). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-15): Seller has provided a Letter of Explanation and a Corrected PCCD. Reviewer Comment (2017-03-10): Seller provided a PCCD with payees added, however Section B reflects the Collateral Review Fee paid to Lender; payee must reflect the actual vendor is some manor (FBO, reimbursement to, etc).		03/15/2017
The e-consent disclosure in the file was dated 01/25/2017. The initial LE issued 01/20/2017 was e-signed. Provide proof of the borrower’s e-consent on or before the issue date of the initial LE.		Reviewer Comment (2017-03-07): Seller provided evidence of borrower’s consent of 1/21, which is the same date the initial LE was e-signed by the borrower. Reviewer Comment (2017-03-06): Seller provided evidence of borrowers consent to receive the LE on 1/21/17, however the LE was dated 1/20/17. Please provide evidence the borrower consented to receive electronic documents on or before 1/20/17.	03/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201440301	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account statement Inaccurate	RESPA (2010): Initial escrow account statement does not match charges on Final Closing Disclosure.
201440302	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201440303	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED] 1040 (2014), 1040 (2015) 1040 (2014), 1040 (2015)
201440304	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201440305	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201440305	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201440305	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201440305	Property	Property - Appraisal	General Appraisal Requirements	Valuation Exception:
201485392	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201485392	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained two copies of the initial escrow account disclosure (IEAD). The disclosure that was signed by the borrowers at closing does not match the initial escrow deposit disclosed on the final CD. The other copy matches the CD; however it is not executed and there is no proof the borrowers received the correct disclosure. Provide proof the borrowers received the correct IEAD.		Reviewer Comment (2017-03-07): Seller provided signed copy of the correct IEAD, which matches the final CD. Reviewer Comment (2017-03-06): Seller has provided the IEADS originally submitted with the file, however it is not executed and there is no proof the borrowers received the correct disclosure. Provide proof the borrowers received the correct IEAD.	03/07/2017
Item K-4 on page 3 of the final CD states to “see attachment page for additional information.” The file does not contain the attachment. Please provide.		Reviewer Comment (2017-03-14): Seller provided corrected CD, including payoff information on page 3, and removing reference to any attachment. Also provided was LOE to the borrower explaining the change and evidence CD was sent to the borrower.	03/14/2017
The file was missing 2 years personal tax returns as required by the guidelines.		Reviewer Comment (2017-03-09): Seller provided 2014 and 2015 signed 1040’s. Reviewer Comment (2017-03-08): Transcripts are not acceptable in lieu of complete 1040s signed by the borrowers. Exception remains.	03/09/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-07): Seller provided all required HOA information.	03/07/2017
Missing 24 month housing history required for a First Time Home buyers.	787 representative FICO score > 740 guideline minimum - 47 points above guideline minimum 17.89% DTI on this (Full) documentation loan < 43% guideline max - 25.11% below program guideline maximum	Reviewer Comment (2017-03-07): Client elects to waive housing history for one of the first time homebuyers as we have compensating factors shown, satisfactory rental history for the other borrower and LOE from parents of the borrower confirming that he has been living rent free with them. VOR and LOE in trailing docs provided 3/6/17 along with investor approval to waive the exception.			03/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-02): Per the client’s guidance, the condition is waived.			03/02/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-08): See new exception request added for lack of HOA information on this 2 unit new construction PUD.	03/08/2017
AIG EXCEPTION REQUEST for lack of PUD HOA information. This is a 2 unit, new construction detached PUD with no mandatory fees, management company, contact, etc.	787 representative FICO score > 740 guideline minimum - 47 points above guideline minimum 17.89% DTI on this (Full) documentation loan < 43% guideline max - 25.11% below program guideline maximum	Reviewer Comment (2017-03-10): AIG approved the exception waiver request.			03/10/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-14): Seller provided wire instructions.	03/14/2017
The file did not contain a copy of the required Fraud report.		Reviewer Comment (2017-03-14): Seller provided Fraud Report.	03/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
A	A	A	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	B	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	B	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	B	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	B	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201485392	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201485392	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201485392	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201485392	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Demand Feature	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan contains a Demand Feature. (Final/[MM/DD/YYYY])
201485393	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201485393	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201485393	Compliance	Compliance	Federal Compliance	RESPA Disclosure - List of Homeownership Counseling Organizations Missing	RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.
201485393	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201485393	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank
201485395	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The hazard insurance coverage verified on the documentation provided in the file was $xx ($xx dwelling coverage + $xx replacement cost coverage). This was short by $xx to cover the estimated cost new of $xx disclosed on the appraisal. Provide sufficient hazard insurance coverage or proof the policy includes guaranteed replacement cost coverage.		Reviewer Comment (2017-03-29): Seller provided verification from the insurance company that the coverage provided is at least 100% of the estimated replacement cost.	03/29/2017
Closing date was corrected on post-close CD dated 02/21/2017, however, letter of explanation to the borrower was not provided in order to cure. The file contained a Reasons for Revised Closing Disclosure in the file for the post-close CD; however there were no reasons checked for the changes.		Reviewer Comment (2017-03-15): CD has been provided. Reviewer Comment (2017-03-14): Seller has provided a Letter of Explanation as to the corrections to be made to the PCCD, however the corrected CD was not provided.	03/15/2017
Disbursement date was corrected on post-close CD dated 02/21/2017, however, letter of explanation to the borrower was not provided in order to cure. The file contained a Reasons for Revised Closing Disclosure in the file for the post-close CD; however there were no reasons checked for the changes.		Reviewer Comment (2017-03-15): Seller provided 2/21 CD with corrections. Reviewer Comment (2017-03-14): Seller has provided a Letter of Explanation as to the corrections to be made to the PCCD, however the corrected CD was not provided.	03/15/2017
Demand feature was corrected on post-close CD dated 02/21/2017, however, letter of explanation to the borrower was not provided in order to cure. The file contained a Reasons for Revised Closing Disclosure in the file for the post-close CD; however there were no reasons checked for the changes.		Reviewer Comment (2017-03-15): Seller has provided the corrected CD. Reviewer Comment (2017-03-14): Seller has provided a Letter of Explanation as to the corrections to be made to the PCCD, however the corrected CD was not provided.	03/15/2017
		Reviewer Comment (2017-03-08): Seller provided fraud report.	03/08/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-22): See new exception requesting waiver. Reviewer Comment (2017-03-22): .	03/22/2017
While the file contained the disclosure, the actual list of the 10 closest counseling centers was not located.		Reviewer Comment (2017-03-08): List of Counseling organizations was provided	03/08/2017
The number of months of prepaid property taxes in section F of the final CD were blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-08): Seller provided post close CD which includes the number of months of property taxes, and LOE to the borrower and evidence it was sent to the borrowers.		03/08/2017
EXCEPTION REQUEST for unable to provide all required HOA information. A HOA name, contact first name and phone number has been provided. Seller comments state “I have left several messages for the HOA and have not received a call back.:		Reviewer Comment (2017-03-27): Seller has provided all required HOA information.	03/27/2017
Title company wire instructions in file not lenders.		Reviewer Comment (2017-03-09): Seller provided wiring instructions reflecting lender.	03/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201485395	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201485395	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201485396	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201485396	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/02/14/2017)
201485396	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-2,294.12 is less than amount of binding Lender Credit previously disclosed in the amount of $-2,530.00. (9300)
201485396	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $700.00 exceeds tolerance of $475.00. Insufficient or no cure was provided to the borrower. (7506)
201485396	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $3,800.50 exceeds tolerance of $3,740.00. Insufficient or no cure was provided to the borrower. (8304)
201485396	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201485396	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/18/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/01/18/2017)
201485396	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/23/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Interim/01/23/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The homeowner’s insurance premium was verified as $412.41; however the number of months of prepaid Homeowner’s insurance in section F of the final CD was 11 and should be 12. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-28): Seller has provided a Letter of Explanation & Corrected PCCD and Proof of Delivery. Reviewer Comment (2017-03-24): Corrected post-close CD has been provided. Still required are: Letter to borrower explaining the changes, evidence PCCD sent to borrower, and final settlement statement showing loan closed as shown on the PCCD provided. Reviewer Comment (2017-03-15): After reviewing the file, it appears the number of months would still need to be corrected to 12. The annual amount of $412.41 has a monthly payment of $34.37 which matches all information that has been provided. The calculation of $412.41 at 11 months would be $37.49/month which does not match the monthly escrow payment or the IEADS.		03/28/2017
TRID Non-Compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx while Borrowers CD fees show Seller fees as $xx		Reviewer Comment (2017-03-03): Per the client’s guidance, the condition is waived.			03/03/2017
Cure of $xx was reflected, which is insufficient to cure $521.38		Reviewer Comment (2017-03-08): Seller has provided valid COC, cure of $xx on Final CD sufficient to cure $xx tolerance violation.	03/08/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-03-24): The seller provided an attestation stating the additional 2 CD’s were not delivered to the borrower and were used for title fees only. Reviewer Comment (2017-03-23): Seller comments state “These two earlier ICD were CDs sent to title. They were uploaded into our system under the incorrect header, therefore, got included into the package as ICDs to the borrower.” However each CD had cover letters to the borrower and we are unable to determine which one the borrower received and need additional documentation to verify the other 2 were sent to the title company only. Reviewer Comment (2017-03-21): Evidence of 2 additional CD’s issued 2/14 has not been provided. Exception remains. Reviewer Comment (2017-03-14): Seller has provided CD previously review 3/9/17 and states “The attached ICD that I sent before, is signed and dated 2/14/2017, on page 5 of the CD. I have attached it again, as it is the correct, signed ICD. Please use this to clear the condition.” However there are a total of 3 CD’s dated 2/14/17, evidence of borrowers receipt of CD dated 2/14 with Cash to Close of $xx is required and evidence of borrowers receipt of CD dated 2/14 with Cash to Close of $xx is required. Reviewer Comment (2017-03-09): Two additional CDs were generated on 2/14; one shows cash to close of $xx on page 1 and the other shows cash to close of $xx. Please provide evidence that these were given to the borrower on 2/14. Neither of them are signed and date of receipt is assumed to be 2/17 without proof of earlier receipt. Reviewer Comment (2017-03-08): Seller provided signed Final CD, however evidence of borrowers receipt of initial CD dated 2/14/17 was not provided, CD was not signed therefore the received on date is 2/17/17.	03/24/2017
Fee disclosed as ($xx) on (LE dated 01/23/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-08): Seller provided valid COC.	03/08/2017
Fee disclosed as ($xx) on (LE dated 01/18/17), but disclosed as ($xx) on Final Closing Disclosure. The file was missing a valid change of circumstance disclosure for the LE dated 01/31/2017 when the appraisal fee increased.		Reviewer Comment (2017-03-08): Seller provided a valid COC.	03/08/2017
Fee disclosed as ($xx) on (LE dated 01/18/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-03): Cure provided on final CD.		03/03/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-27): Seller provided all required HOA information. Reviewer Comment (2017-03-10): HOA name and address were provided along with status of dues. Still needed are name, telephone number and e-mail for a contact person in the HOA and HOA Tax ID, if available.	03/27/2017
Evidence of earlier borrower E-sign acceptance has not been provided.		Reviewer Comment (2017-03-08): Seller provided borrower’s earlier consent to receive electronic disclosures.	03/08/2017
Evidence of earlier borrower E-sign acceptance has not been provided.		Reviewer Comment (2017-03-08): Seller provided borrower’s earlier consent to receive electronic disclosures.	03/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201485396	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/31/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Interim/01/31/2017)
201485396	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] VVOE / verification within 10 days of closing
201485396	Credit	Credit	Misc	Credit Exception:
201485401	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $600.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)
201485401	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject hazard insurance policy expiration date is missing from evidence of insurance.
201485404	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201485404	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201485404	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Change - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Closing Costs Financed. (Final/[MM/DD/YYYY])
201485404	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201485404	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Contact Name is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Evidence of earlier borrower E-sign acceptance has not been provided.		Reviewer Comment (2017-03-08): Seller provided borrower’s earlier consent to receive electronic disclosures.	03/08/2017
Verbal verification / third party verification of employment within 10 days of closing has not been provided. The VVOE in the file was dated 01/30/2017.		Reviewer Comment (2017-03-14): See new exception requesting waiver. Reviewer Comment (2017-03-08): Seller comments state “The VVOE was completed on 1/30/2017, and self-employed VVOE’s are good for 30 days. The loan closed on [MM/DD/YYYY] and funded on [MM/DD/YYYY]. We should still be able to use this VVOE.” However guidelines state a verbal verification of employment must be included in all Mortgage Loan files, dated within ten days of the borrower’s closing date.	03/14/2017
AIG Exception Request for Verbal verification / third party verification of employment within 10 days of closing has not been provided. The VVOE in the file was dated 01/30/2017 which is not within 10 days of Note date of [MM/DD/YYYY].	Borrower on this full documentation loan has a disposable income of $15,572.63. 754 representative FICO score > 680 guideline minimum - 74 points above guideline minimum	Reviewer Comment (2017-03-15): Client elects to waive. Reviewer Comment (2017-03-14): Cleared by mistake. Reviewer Comment (2017-03-14): .			03/15/2017
Sufficient cure provided at closing.		Reviewer Comment (2017-03-03): Cure provided at closing		03/03/2017
The hazard insurance policy in the file expired 04/19/2017 and a renewal premium of $775.00 was collected at closing. However, a copy of the renewal policy or a paid receipt from the insurance company is required.		Reviewer Comment (2017-03-14): Seller has provided updated policy with verification of payment received by the insurance company.	03/14/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-10): Seller provided wiring instructions showing loan information. Reviewer Comment (2017-03-09): Wiring instructions provided are for [Redacted]. There is no reference to lender, which is [Redacted] or any of its DBA’s in California.	03/10/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-03-09): Seller provided post close CD with correct date of consummation along with LOE and evidence CD was sent to the borrower.		03/09/2017
Closing Disclosure reflects ($0.00) for both the Loan Estimate and the Closing Disclosure, however Did this Change is answered Yes. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-09): Seller provided post close CD with correction to Calculating Cash to Close table along with LOE and evidence CD was sent to the borrower.		03/09/2017
Fees disclosed on the Seller’s Closing Disclosure of $xx are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx.		Reviewer Comment (2017-03-06): Per the client’s guidance, the condition is waived.			03/06/2017
The file was missing the HOA/Management Contact name, tax ID, and email address as required by the guidelines.		Reviewer Comment (2017-03-08): Seller has provided all required HOA information.	03/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
A	A	A	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
A	A	A	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201485407	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201485407	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201485407	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507)
201485407	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Contact Name is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201485407	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $800.00 exceeds tolerance of $700.00. Insufficient or no cure was provided to the borrower. (7506)
201489049	Credit	Insurance	Insurance Documentation	Missing Document: Flood Insurance Policy not provided
201489049	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201489049	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow - Reason	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
201489049	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201489050	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Lenders wire instructions were not located in the loan file.		Reviewer Comment (2017-03-07): Seller has provided wire instructions.	03/07/2017
Cure for the second appraisal fee) of $150.00 was not provided. The file did not contain a valid change of circumstance disclosure disclosing the addition of the fee on the CD issued 02/13/2017.		Reviewer Comment (2017-03-09): Cure provided for appraisal fee. Seller provided LOE, check to borrower and corrected PCCD.	03/09/2017
Fee was not disclosed on Loan Estimate. The file did not contain a valid change of circumstance disclosure disclosing the addition of the fee on the CD issued 02/13/2017.		Reviewer Comment (2017-03-09): Seller provided corrected CD and Clarity has been updated with corrections to all CDs. Cure required is $100 as per the new exception that fired, therefore the old exception requiring a cure of $150 is no longer valid.	03/09/2017
The file was missing documentation verifying the HOA Management Company Contact name, email address, and Tax ID#.		Reviewer Comment (2017-03-10): All HOA information has been provided. Reviewer Comment (2017-03-09): Please include the name of an individual person who is the contact for the management company. All other information provided is acceptable	03/10/2017
		Reviewer Comment (2017-03-09): Cure provided for appraisal fee. Seller provided LOE, check to borrower for $100 and corrected PCCD.		03/09/2017
Missing Flood Insurance policy from file.		Reviewer Comment (2017-03-09): Seller has provided the Flood Insurance Policy. Reviewer Comment (2017-03-08): Seller has provided the flood application, however the policy is required. Please provide the Flood policy. Reviewer Comment (2017-03-07): Seller has provided the Notice of Special Flood Hazard, however the Flood policy was not provided. Exception remains.	03/09/2017
Disclosure reflects Finance Charges of ($xx) however calculated Finance Charges reflects ($xx). The difference is $330.00. Provide a Letter of Explanation sent to the borrower disclosing the changes, proof of delivery, refund check for underdisclosed amount, and the corrected post-close CD.		Reviewer Comment (2017-03-17): Seller has provided a Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD. Reviewer Comment (2017-03-14): Seller has provided a Letter of Explanation, Refund Check and proof of delivery, however the PCCD is still required to be corrected. Please provide a PCCD with the Fiance Charge corrected.		03/17/2017
Disclosure reflects there will be an escrow account on page 4, however also reflects the reason for no escrow account as declined. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-14): Seller has provided a Letter of Explanation & Corrected PCCD.		03/14/2017
Missing 24 months rental history with no late payments per guidelines.		Reviewer Comment (2017-03-07): Seller has provided a VOR.	03/07/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-08): Seller provided wire instructions.	03/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201489050	Compliance	Compliance	Federal Compliance	FACTA Disclosure Missing	FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure.
201489050	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/02/15/2017)
201489050	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201489050	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201489053	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201489053	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201489053	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201489053	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201489054	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201489054	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
FACTA disclosure has not been provided.		Reviewer Comment (2017-03-08): Seller provided evidence FACTA Credit Score Disclosure provided to borrower.	03/08/2017
Evidence of earlier borrower receipt has not been provided.		Reviewer Comment (2017-03-08): Seller provided evidence of borrowers earlier receipt.	03/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-06): Per the client’s guidance, the condition is waived.			03/06/2017
Provide a revised AUS findings to match the final terms. Property Type: Per the appraisal provided, the subject property is attached. AUS findings indicate single family detached.		Reviewer Comment (2017-03-08): Seller provided a revised AUS reflecting property as Attached.	03/08/2017
Missing Fraud Report from file. Note, the copy of the Drive Report downloaded in Cleanroom contains an error and we are unable to view the document.		Reviewer Comment (2017-03-08): Seller provided Fraud Report.	03/08/2017
Home Loan Toolkit missing from file.		Reviewer Comment (2017-03-08): Seller provided evidence our Home Loan Toolkit Disclosure provided to applicant.	03/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-06): Per the client’s guidance, the condition is waived.			03/06/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-13): Seller provided all required HOA information.	03/13/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-16): Seller has provided wire instructions.	03/16/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-06): Client elects to waive.			03/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201489055	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201489055	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201489056	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201489056	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/531820)
201489056	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201489056	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201489056	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Recording Service Fee. Fee Amount of $10.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75197)
201489056	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee. Fee Amount of $475.00 exceeds tolerance of $400.00. Insufficient or no cure was provided to the borrower. (7561)
201489056	Property	Property - Appraisal	General Appraisal Requirements	HOA Dues Status is blank
201490509	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/01/22/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-06): Client elects to waive.			03/06/2017
Final CD reflects 4 Title Fees in Section B (Services Borrower Did Not Shop For) payable to [Redacted]. These fees were disclosed in Section C of the LE, and [REDACTED] was not a vendor reflected on the SSPL. As a result, these fees should have been disclosed in Section C (Services Borrower Did Shop For) of the CD.		Reviewer Comment (2017-03-09): Seller has provided a Letter of Explanation and a Corrected PCCD.		03/09/2017
Missing all required HOA information		Reviewer Comment (2017-03-29): See original waiver as per clients guidance. Reviewer Comment (2017-03-29): Client is requiring HOA information due to the appraiser reporting HOA dues. Reviewer Comment (2017-03-17): See new exception requesting waiver.	03/29/2017
The co-borrower had a gap in employment between the self-employment and the co-borrower’s current job of more than a month (01/01/2016-02/15/2016). Provide a letter of explanation from the co-borrower for the gap in employment, as required by Appendix Q.		Reviewer Comment (2017-03-16): Seller has provided a letter for gap in employment.	03/16/2017
The co-borrower had a gap in employment between the self-employment and the co-borrower’s current job of more than a month (01/01/2016-02/15/2016). Provide a letter of explanation from the co-borrower for the gap in employment, as required by Appendix Q.		Reviewer Comment (2017-03-16): Seller has provided a letter for gap in employment.	03/16/2017
The fees payable to Meridian Title Corp on the final CD were disclosed in section B. However; Meridian Title Corp, was not a provider on the SSPL in the file. Provide a post-close CD moving the fees payable to Meridian Title Corp to section C along with a letter of explanation sent to the borrower disclosing the changes.		Reviewer Comment (2017-03-13): Seller provided LOE explaining changes to the borrower. Reviewer Comment (2017-03-09): Seller provided corrected PCCD and evidence it was sent but no letter of explanation to the borrower was provided.		03/13/2017
Fee was not disclosed on Loan Estimate. The fee was disclosed in section B of the final CD; however the provider, Meridian Title Corp, was not a provider on the SSPL in the file. Provide a post-close CD moving the fees payable to Meridian Title Corp to section C along with a letter of explanation sent to the borrower disclosing the changes.		Reviewer Comment (2017-03-15): Seller has provided a Letter of Explanation and Corrected PCCD. Reviewer Comment (2017-03-09): Seller provided corrected PCCD and evidence it was sent but no letter of explanation to the borrower was provided.		03/15/2017
Fee disclosed as $xx on initial LE, but disclosed as $xx on Final Closing Disclosure. The fee was disclosed in section B of the final CD; however the provider, Meridian Title Corp, was not a provider on the SSPL in the file. Provide a post-close CD moving the fees payable to Meridian Title Corp to section C along with a letter of explanation sent to the borrower disclosing the changes.		Reviewer Comment (2017-03-15): Seller has provided a Letter of Explanation and Corrected PCCD. Reviewer Comment (2017-03-10): Seller provided corrected PCCD and evidence it was sent but no letter of explanation to the borrower was provided.		03/15/2017
EXCEPTION WAIVER REQUEST: Original exception for missing HOA information. Per the builder haven’t set anything up yet because the subdivision isn’t finished being built yet, so no payments yet until the HOA is turned over to a management company.	Borrowers made a down payment of $xx from their own funds on this purchase transaction. 799 representative FICO score > 680 guideline minimum—119 points above guideline minimum.	Reviewer Comment (2017-03-29): Per the client’s guidance, condition is waived.			03/29/2017
The file was missing documentation verifying the borrowers received a copy of the appraisal at least three business days prior to closing.		Reviewer Comment (2017-03-09): Seller has provided evidence appraisal was sent to the borrower.	03/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201490509	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201490509	Credit	Credit	Misc	Credit Exception:
201490509	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $450.00 exceeds tolerance of $400.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201490509	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject city is missing from evidence of insurance.
201490509	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject city is missing from evidence of insurance.
201490510	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201490510	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201490511	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201490511	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201490514	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-06): Per the client’s guidance, the condition is waived.			03/06/2017
The file is missing the mortgage statement for the departure residence to verify the $1,882.00 monthly payment included in the DTI includes taxes and insurance.		Reviewer Comment (2017-03-09): Seller has provided the mortgage statement for the departure residence to verify the $1,882.00 monthly payment included in the DTI includes taxes and insurance.	03/09/2017
		Reviewer Comment (2017-03-03): Cure of $xx provided on final CD.		03/03/2017
New Exception: Hazard Insurance policy reflects city as [REDACTED] whereas Note and Mortgage reflect [REDACTED]. Please provide an updated policy reflecting the correct city of [REDACTED].		Reviewer Comment (2017-03-14): Seller provided revised dec page showing address that matches the note. Reviewer Comment (2017-03-13): See new exception regarding insurance verification required.	03/14/2017
In order to proceed with funding, provide either (1) confirmation from the insurance company that the city shown on the dec page is acceptable; or (2) revised dec page matching note.		Reviewer Comment (2017-03-14): Seller provided revised dec page showing address that matches the note.	03/14/2017
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY].		Reviewer Comment (2017-03-06): Data was corrected on post close CD (SFIG).		03/06/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-14): Wiring instructions have been provided.	03/14/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-03-09): Seller has provided wire instructions.	03/09/2017
Esign disclosure has not been provided in the loan documents.		Reviewer Comment (2017-03-09): Seller provided evidence of borrower’s consent to receive electronic disclosures.	03/09/2017
Seller paid fees reflected as $xx on Borrower Final CD, but disclosed as $xx on Seller CD.		Reviewer Comment (2017-03-07): Per the client’s guidance, the condition is waived.			03/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201490514	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED] 1040 (2014), 1040 (2015) 1040 (2014), 1040 (2015)
201490519	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201490519	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Demand Feature	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan contains a Demand Feature. (Final/[MM/DD/YYYY])
201490519	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201490519	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $750.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201490519	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $41.45 exceeds tolerance of $40.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201490520	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201490520	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201490520	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201490591	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the borrowers 2015 and 2014 tax returns, as required by the guidelines.		Reviewer Comment (2017-03-17): Seller has provided signed 2014/2015 tax returns. Reviewer Comment (2017-03-15): 2014 and 2015 tax returns were provided but they are missing borrowers’ signatures,.	03/17/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-14): Seller provided wiring instructions.	03/14/2017
Demand Feature is blank.		Reviewer Comment (2017-03-07): Data was corrected on post close CD (SFIG).		03/07/2017
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY].		Reviewer Comment (2017-03-07): Data was corrected on post close CD (SFIG).		03/07/2017
Fee disclosed as ($xx) on (LE dated 02/01/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-07): Cure provided on the final CD		03/07/2017
Fee disclosed as ($xx) on (LE dated 02/01/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-07): Cure provided on the final CD		03/07/2017
The file is missing the lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-03-09): Seller has provided lease agreement for [REDACTED].	03/09/2017
The file is missing the lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-03-09): Seller has provided lease agreement for [REDACTED].	03/09/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-07): Per the client’s guidance, the condition is waived.			03/07/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-14): Seller provided final settlement statement confirming that loan funded as shown on the PCCD and no refund to the borrower is needed. Reviewer Comment (2017-03-10): Seller has provided a Letter of Explanation and Corrected PCCD, however the PCCD reflects a reduction of recording fee and prepaid interest of $428.62. Please provided a refund check to the borrower or the Final Settlement Statement to verify fees as loan funded.		03/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201490591	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201490591	Credit	Income / Employment	Income Documentation	Income Docs Missing:
201490592	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201490592	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201490593	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201490593	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201490593	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201490593	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $51.00 exceeds tolerance of $42.00 plus 10% or $46.20. Sufficient or excess cure was provided to the borrower at Closing. (0)
201490594	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201490594	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Timing	Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-10): Seller provided a PCCD and Letter of Explanation reflecting disbursement date of [MM/DD/YYYY].		03/10/2017
Provide a complete copy of the 2014 and 2015 1040’s with all schedules. The file only contained pages 1 and 2.		Reviewer Comment (2017-03-30): Seller has provided 2014/2015 complete 1040’s. Reviewer Comment (2017-03-10): Seller comments state “Please accept this letter of explanation on the challenges you are seeing with the 1040s. We are using base W2 income and we have the required 1040 transcripts in the file. I have attached them below. The actual 1040s have no bearing on the file as they are not required for base W2 income.” However Transcripts show unreimbursed employee expenses, which indicate that the borrowers filed ScheduleA of the 1040. Please provide all schedules for tax years 2014/2015.	03/30/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-14): Wiring instructions have been provided.	03/14/2017
The number of months of prepaid property taxes in section F were blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-23): Seller has provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-03-21): Please provide a letter of explanation to the borrower regarding the change made on the PCCD. Reviewer Comment (2017-03-17): Seller has provided a Corrected PCCD, however a letter of explanation to the borrower as to the changes made is also required.		03/23/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was (02/24/17).		Reviewer Comment (2017-03-14): Seller provided corrected PCCD and evidence it was sent to the borrowers along with an LOE explaining the change.		03/14/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-08): Per the client’s guidance, the condition is waived.			03/08/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-15): Contact information has been provided. Per client, we can proceed without HOA Tax ID. Reviewer Comment (2017-03-14): Individual contact name of a person at the HOA, along with a contact telephone number and e-mail address have yet to be provided. Also, it is the Association’s Tax ID Number that is being requested, not the parcel number.	03/15/2017
($4.80) violation due to increase in (Recording fee(s)).		Reviewer Comment (2017-03-08): Cure provided on the final CD		03/08/2017
Seller paid fees reflected as $xx on Borrower Final CD, but reflected as $xx on Seller CD.		Reviewer Comment (2017-03-08): Per the client’s guidance, the condition is waived.			03/08/2017
File includes evidence Toolkit was provided as of 1/5/2017. Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-03-13): Seller provided evidence Toolkit delivered 8/26/16	03/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201490594	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 8/26/2016 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/08/26/2016)
201490595	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201490595	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/02/22/2017)
201490595	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201490595	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $200.00 exceeds tolerance of $125.00. Insufficient or no cure was provided to the borrower. (7508)
201490595	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201490596	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201490596	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201490596	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201490596	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Earliest E-Sign Consent in file is dated 1/25/2017. Initial LE dated 8/26/2016 is reflected as having been provided to the borrowers electronically.		Reviewer Comment (2017-03-13): Seller provided evidence of borrower’s consent to receive electronic disclosures on 8/26/16.	03/13/2017
The file was missing the required Fraud Report for all borrowers.		Reviewer Comment (2017-03-10): Seller has provided Fraud Report.	03/10/2017
Appraisal report was updated for boundaries on [MM/DD/YYYY] and resigned. Provide documentation the borrower received a copy of the updated appraisal on or after [MM/DD/YYYY].		Reviewer Comment (2017-03-10): Seller provided verification borrowers receipt 2/25/17.	03/10/2017
		Reviewer Comment (2017-03-10): Seller provided evidence Your Home Loan Toolkit Disclosure provided to applicant.	03/10/2017
Cure of $xx was provided on the final CD.		Reviewer Comment (2017-03-08): Cure of $xx was provided on the final CD.		03/08/2017
Fees disclosed on the Seller’s Closing Disclosure of $xx are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx.		Reviewer Comment (2017-03-08): Per the client’s guidance, the condition is waived.			03/08/2017
The insurance documentation provided verified coverage of $xx which is insufficient to cover the loan amount of $xx or the total estimated cost new on the appraisal of $xx by $88,851.00. The insurance documentation in the file did not verify guaranteed replacement cost coverage or an extended replacement cost coverage.		Reviewer Comment (2017-03-10): Seller has provided documented reconstruction cost to verify coverage is sufficient.	03/10/2017
Missing all required information for the HOA		Reviewer Comment (2017-03-22): Contact information for HOA has been provided. Reviewer Comment (2017-03-20): Seller has provided HOA information, however a HOA contact name is required and has not been provided. Reviewer Comment (2017-03-17): Please provide the name of an individual at the HOA Management Company and the Association’s Tax ID if it is available.	03/22/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-08): Per the client’s guidance, the condition is waived.			03/08/2017
		Reviewer Comment (2017-03-10): Seller has provided evidence of borrower’s consent to receive electronic disclosures.	03/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201490597	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201540156	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201540156	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201540156	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $500.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7508)
201540157	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201540157	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201540157	Credit	Loan Package Documentation	Application / Processing	Missing Valuation:	Valuation Type: Appraisal / Valuation Report Date: <empty> Appraisal is missing
201540161	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201540161	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-08): Per the client’s guidance, the condition is waived.			03/08/2017
The file was missing the street address and tax id# for the HOA/Management company, as, required by the guidelines.		Reviewer Comment (2017-03-16): Seller has provided HOA information.	03/16/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-14): Seller provided corrected CD and letter to borrower. However, cash from borrower has decreased by $xx. Provide a final settlement statement verifying that the loan closed according to the CD issued 3/10/17, or provide a copy of a refund check to the borrower along with letter of explanation for the refund and evidence it was sent to the borrower.	03/14/2017
Disbursement date of [MM/DD/YYYY] reflected on Final CD is same as Right to Cancel Expiration date of [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-14): PCCD with correct dates has been provided. with cover letter to borrower.	03/14/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-03-09): Cure provided on the final CD		03/09/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-13): Seller provided wiring instructions.	03/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-09): Per the client’s guidance, the condition is waived.			03/09/2017
The appraisal report in the file reflects a value of $xx with a report date of [MM/DD/YYYY]. The review scope score for this appraisal if 407, which is below the minimum allowable of 451 and a field review is required per guidelines. The file also includes a Review Scope Report with score of 581, based on appraisal with $xx value and a report date of [MM/DD/YYYY]; however this appraisal was not provided in the file. Provide a copy of the second appraisal review used to qualify with a value of $xx.		Reviewer Comment (2017-03-13): Seller provided appraisal dated [MM/DD/YYYY] supporting value of $xx	03/13/2017
Fraud Report missing from file.		Reviewer Comment (2017-03-14): Seller provided fraud report.	03/14/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-14): Seller provided wiring instructions.	03/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201540161	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Phone is blank
201540161	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Demand Feature	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan contains a Demand Feature. (Final/[MM/DD/YYYY])
201540162	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/02/09/2017)
201540162	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $900.00 exceeds tolerance of $800.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201540166	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201540166	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Email is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201540166	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201540166	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201540166	Credit	Credit	Misc	Credit Exception:
201540167	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing all required information for the HOA.		Reviewer Comment (2017-03-14): Seller provided all required information for the HOA.	03/14/2017
Demand Feature is blank.		Reviewer Comment (2017-03-09): Data was corrected on post close CD (SFIG).		03/09/2017
The file contained a copy of the borrower’s waiver to receive a copy of the appraisal at least three days prior to closing; however the file was missing documentation verifying the borrower received a copy of the appraisal at or prior to closing.		Reviewer Comment (2017-03-13): Seller has provided evidence of borrowers receipt of appraisal.	03/13/2017
		Reviewer Comment (2017-03-08): Lender provided $100 credit at close to the borrower.		03/08/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-10): Seller has provided wire instructions.	03/10/2017
The HOA information in the file was missing the contact name, email address, and the tax id# for the HOA or Management company, as required by the guidelines.		Reviewer Comment (2017-03-15): Seller provided the outstanding HOA information. Reviewer Comment (2017-03-13): Seller has provided information previously reviewed, however a contact name for the HOA and an email address & tax id (if available) was not provided in this information. Please provide at least a contact name.	03/15/2017
TRID Non-Compliant: Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Closing Disclosure. Seller CD fees total $xx while closing CD seller’s fees total $xx		Reviewer Comment (2017-03-09): Per the client’s guidance, the condition is waived.			03/09/2017
Disclosure reflects Title - Lender’s Title Insurance Fee payable to [Redacted] in section C (Services Borrower Did Shop For) of the final CD. [Redacted] is a service provider listed on the Settlement Service Provider List. As a result, these fees should have been reflected in section B (Services Borrower Did Not Shop For). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-14): Seller provided corrected PCCD, LOE to borrower and evidence the information was sent to the borrower.		03/14/2017
The file was missing documentation to verify the taxes and insurance payments for the departure residence. The taxes and insurance are not escrowed in the mortgage payment.		Reviewer Comment (2017-03-15): Seller provided tax and insurance information for [Redacted]. Reviewer Comment (2017-03-13): Seller has provided information regarding property at [Redacted], however insurance and tax verification for borrowers prior residence at [Redacted] is required. Exception remains.	03/15/2017
Lender’s wiring instructions not provided.		Reviewer Comment (2017-03-14): Seller has provided wire instructions.	03/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201540167	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201540167	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Waiver Less than 3 Days From Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Borrower provided appraisal waiver less than three (3) business days prior to consummation. (Type:Primary/02/13/2017)
201540167	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED] 1040 (2014), 1040 (2015) 1040 (2014), 1040 (2015)
201540168	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201540168	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201540168	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
201540170	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201540170	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201542969	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201542969	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The number of months of prepaid homeowner’s insurance disclosed in section F of the final CD was 6. The amount of the premium disclosed was $791.00, which is the full 12 month premium. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-16): Seller provided corrected PCCD, LOE to borrower and evidence of delivery of the docs to the borrower.		03/16/2017
The file contained a waiver to receive a copy of the appraisal at least three business days prior to closing. The waiver was issued and executed on [MM/DD/YYYY], which is less than three business days prior to closing. Provide a copy of the waiver signed more than three business days prior to closing or proof the borrower received a copy of the appraisal at least three business days prior to closing.		Reviewer Comment (2017-03-17): Seller provided signed acknowledgement of borrowers receipt of appraisal three days prior to closing. Reviewer Comment (2017-03-15): Document provided does not evidence sending/receipt of appraisal. If a PDF was sent, please provide the actual e-mail or e-doc tracking information.	03/17/2017
The file was missing the 2014 and 2015 personal tax returns for both borrowers, as required by the guidelines.	27.88% DTI on this full documentation loan < 43% guideline max - 15.12% below program guideline maximum 21.64 months reserves > 9 months guideline minimum - borrowers have verified reserves of $91,331.72.	Reviewer Comment (2017-04-11): Client elects to waive. Reviewer Comment (2017-04-06): AIG has approved waiver for this exception. Waiver approval is in TD 4/6/17 Reviewer Comment (2017-03-14): Seller has provided 2014/2015 IRS Transcripts, however 2 years Tax Returns are also required per guidelines. Exception remains.			04/11/2017
First Time Home Buyer requires 24 months of rental history with no late payment. A 22 month history was provided.		Reviewer Comment (2017-03-23): Seller has provided additional satisfactory rental history. Reviewer Comment (2017-03-14): Seller provided the VOR previously provided along with a lease agreement, however the time reflected is a 22 month history whereas first time homebuyers are required a 24 month rental history. Please provide verification of prior rental history to satisfy the full 24 months.	03/23/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-09): Per the client’s guidance, the condition is waived.			03/09/2017
The Calculating Cash to Close section disclosed $0 deposit; however the Summaries of Transactions disclosed EMD of $xx In the adjustments section. The EMD should be disclosed in the Deposit section and reflected in the Calculating Cash to Close section. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-14): Seller has provided a Letter of Explanation & Corrected PCCD.		03/14/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-17): Seller provided wiring instructions.	03/17/2017
The number of months of prepaid property taxes in section F of the final CD were blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-21): Seller provided LOE for changes made to PCCD and evidence PCCD was provided to the borrower Reviewer Comment (2017-03-17): Corrected PCCD has been provided but letter of explanation and evidence PCCD sent to borrowers is missing from the file. Exception remains.		03/21/2017
Disclosure reflects TIP of (71.891%) but calculated TIP is (71.869%). The TIP disclosed on the final CD is based on an amount that includes the seller paid prepaid interest of $xx. The calculated TIP did not include the seller paid prepaid interest.		Reviewer Comment (2017-03-14): Client elects to waive.			03/14/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-10): Per the client’s guidance, the condition is waived.			03/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201542969	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201542973	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201542973	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201542973	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $650.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201542974	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201542974	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED] 1040 (2014), 1040 (2015) 1040 (2014), 1040 (2015)
201542974	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $54.10 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201542975	Compliance	Compliance	Federal Compliance	Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.	Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.
201542975	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/16/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/01/16/2017)
201542976	Credit	Credit	Credit Documentation	Missing Document: Credit Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a 24 month rental history as required by the guidelines.		Reviewer Comment (2017-04-10): Rental history has been provided from date of sale of previous primary residence through closing. Reviewer Comment (2017-03-14): Seller comments state “The guidelines require 24 months of rental history for first time homebuyers and the borrowers do not fall under this category. The borrowers are also not receiving rental income. The 1003 is marked as having primary residence ownership interest in the last three years on page 3. The LOE provided by the borrowers details the sale of their primary residence in 2014 and the credit report shows that the balance is $0 with a date of 04/2014. However guidelines require 12 months of the most recent payment activity. The last mortgage reported closed [MM/DD/YYYY], no verification of borrowers most recent history has been provided.	04/10/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-15): Seller has provided wiring instructions.	03/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-10): Per the client’s guidance, the condition is waived.			03/10/2017
Fee disclosed as ($xx) on (LE dated 01/10/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-10): Cure provided at closing		03/10/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-03): Seller has provided the missing HOA information. Reviewer Comment (2017-03-29): Seller provided HOA, address, contact name and email however a phone number is required. Please provide a phone number. Reviewer Comment (2017-03-21): Seller has provided a copy of the appraisal however all HOA information required per guidelines was not provided. Please provide HOA address, phone number, contact name, email and tax id (if available).	04/03/2017
Missing two years tax returns as required by guidelines.		Reviewer Comment (2017-03-20): Seller has provided 2014/2015 tax returns.	03/20/2017
Fee disclosed as ($xx) on (LE or CD dated 01/16/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-10): Cure provided on the final CD.		03/10/2017
Missing Loan Originator Compensation disclosure form file.		Reviewer Comment (2017-03-20): Seller has provided Loan Originator Compensation disclosure.	03/20/2017
Evidence of earlier borrower receipt / consent has not been provided in the loan documents. Consent provided on 02/09/17, however Initial LE was Esigned 01/16/17.		Reviewer Comment (2017-03-20): Seller has provided borrower’s earlier consent to receive electronic disclosures.	03/20/2017
The file was missing the credit report dated 01/16/2017, reference #[REDACTED].		Reviewer Comment (2017-03-14): Seller has provided credit report #xx as reflected on DU.	03/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201542976	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201542976	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201542976	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201542976	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for homeowner’s insurance under Prepaids. (Final/[MM/DD/YYYY])
201542976	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201542976	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
201542977	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201542977	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201542978	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201542978	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Credit report missing from file and VOM not provided.		Reviewer Comment (2017-03-14): Seller has provided credit report for VOM.	03/14/2017
Fraud Report missing form file.		Reviewer Comment (2017-03-14): Seller has provided the Fraud Report.	03/14/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-03-09): Data was corrected on post close CD (SFIG).		03/09/2017
The number of months of prepaid homeowner’s insurance in section F of the final CD and the post-close CD was blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-21): Seller has provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-03-17): Corrected PCCD disclosing number of months has been provided. Letter of explanation to borrower regarding the changes made and evidence of delivery to the borrower are still missing from the file. Reviewer Comment (2017-03-14): Seller has provided a PCCD, however Section F, Line 1, Homeowners Insurance # of months is blank. Please provide a corrected PCCD with the # of months reflected with a letter of explanation as to the change made.		03/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-10): Per the client’s guidance, the condition is waived.			03/10/2017
Missing pay-stub(s) for the borrower’s second job at [REDACTED] as required by the guidelines.		Reviewer Comment (2017-03-14): Seller has provided paystubs for [Redacted].	03/14/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-15): Seller has provided wiring instructions.	03/15/2017
Disclosure does not reflect an amount for Closing Costs Financed, but this should be ($xx). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-15): Seller provided corrected PCCD, LOE to borrower regarding the correction and evidence CD sent to borrower		03/15/2017
The insurance documentation in the file verified dwelling coverage of $xx which was insufficient to cover the loan amount of $xx by $xx or the estimated cost new on the appraisal of $xx. Provide additional insurance coverage or proof the current coverage has guaranteed replacement cost coverage.		Reviewer Comment (2017-03-15): Seller provided proof of increased coverage.	03/15/2017
Fees disclosed on the Seller’s Closing Disclosure of $xx are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure $xx.		Reviewer Comment (2017-03-10): Per the client’s guidance, the condition is waived.			03/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201542979	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201542979	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201542981	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201542981	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201542982	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201542982	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure—Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201542982	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201542982	Credit	Credit	Misc	Credit Exception:
201542982	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject city is missing from evidence of insurance.
201542982	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-15): Seller has provided wiring instructions.	03/15/2017
Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx while closing CD seller’s fees total $44,596.50 paid at closing and $xx paid prior to closing.		Reviewer Comment (2017-03-10): Per the client’s guidance, the condition is waived.			03/10/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-10): Per the client’s guidance, the condition is waived.			03/10/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-15): All required HOA information has been provided.	03/15/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-16): Seller provided wiring instructions.	03/16/2017
The number of prepaid property taxes in section F of the final CD was blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-16): Seller provided PCCD with correct number of months of taxes and updated disbursement date collected and LOE to borrower explaining the change.		03/16/2017
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY].		Reviewer Comment (2017-03-16): Seller provided PCCD with correct number of months of taxes and updated disbursement date collected and LOE to borrower explaining the change.		03/16/2017
Transaction paid off a seasoned non-purchase subordinate lien. Missing documentation to support HELOC did not have cumulative draws greater than $2,000 in the past 12 months.		Reviewer Comment (2017-03-16): Seller provided proof that HELOC was frozen and has been since 2008.	03/16/2017
The city on the homeowner’s declaration page was disclosed as [REDACTED]; however the note, title, and appraisal identified the city as [REDACTED]. Provide a correct homeowner’s insurance declarations page with the correct city.		Reviewer Comment (2017-03-16): Corrected dec page showing city as [REDACTED] has been provided.	03/16/2017
Post close CD provided by seller corrected tax # of months and disbursement date. However, borrower paid prior to close HOI was added and the number of months is missing from section F.		Reviewer Comment (2017-03-22): Seller provided corrected post close CD and LOE to borrower.	03/22/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	B	A	C	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	B	A	C	Safe Harbor QM	Safe Harbor QM	Yes
C	C	C	A	C	B	A	C	Safe Harbor QM	Safe Harbor QM	Yes
C	C	C	A	C	B	A	C	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	B	A	C	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	B	A	C	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201542982	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201542982	Property	Property - Appraisal	Appraisal Reconciliation	Value variance greater than 10% between origination appraisal and subsequent product
201542983	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201542983	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of 8.12 is less than Guideline PITIA months reserves of 9.00.
201542983	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201542983	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201542983	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201542983	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201547508	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201547508	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED] 1040 (2014), 1040 (2015) 1040 (2014), 1040 (2015)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Cash to/from borrower and prepaids shown on post close CD differ from the previous “final” CD. Provide a final settlement statement that shows loan closed exactly as the post close CD would indicate or evidence of refund to borrower		Reviewer Comment (2017-03-22): Seller provided final settlement statement that evidences loan closed exactly as post close CD provided.	03/22/2017
		Reviewer Comment (2017-03-14): Seller has provided wire instructions.	03/14/2017
The assets documented in the file were insufficient to meet the guideline reserve requirement of 9 months. The DU and final 1003 disclosed retirement funds used for reserves; however the documentation was not provided.		Reviewer Comment (2017-03-14): Seller has provided retirement statement, to verify sufficient reserves.	03/14/2017
Documents were dated [MM/DD/YYYY] and were signed on [MM/DD/YYYY]. The date was corrected on the post-close CD dated 03/03/2017; however the file did not contain a letter of explanation sent to the borrower disclosing the changes.		Reviewer Comment (2017-03-14): Letter of Explanation & Corrected PCCD.		03/14/2017
The number of prepaid months of property taxes in section F of the final CD was blank. The number of months was corrected on the post-close CD dated 03/03/2017; however the file did not contain a letter of explanation sent to the borrower disclosing the changes.		Reviewer Comment (2017-03-15): Seller provided final settlement statement that matched s post close CD that was provided on 3/13. No refund due borrower. Reviewer Comment (2017-03-14): Seller has provided a Letter of Explanation to the Borrower with a PCCD, however the PCCD reflects a reduction of closing costs to the borrower. Please provide the Final Settlement Statement for verification of amounts as loan disbursed.	03/15/2017
The file was missing a copy of the seller’s CD.		Reviewer Comment (2017-03-15): Seller’s CD was provided.		03/15/2017
		Reviewer Comment (2017-03-15): Client elects to waive.			03/15/2017
Disclosure reflects TIP of (74.496%) but calculated TIP is (74.474%) which is outside of .003% tolerance.		Reviewer Comment (2017-03-16): Client elects to waive.			03/16/2017
Missing two years tax returns as required per guidelines.		Reviewer Comment (2017-03-17): SEE NEW EXCEPTION REQUESTING WAIVER	03/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
3	C	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	C	C	A	C	B	A	C	Safe Harbor QM	Safe Harbor QM	No
C	C	C	A	C	B	A	C	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201547508	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201547508	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender’s Title Insurance. Fee Amount of $858.48 exceeds tolerance of $843.00. Sufficient or excess cure was provided to the borrower at Closing. (7567)
201547508	Credit	Income / Employment	Income Documentation	Income Docs Missing:
201547509	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Change - Down Payment	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Down Payment/Funds from Borrower. (Final/[MM/DD/YYYY])
201547509	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201547509	Credit	Loan Package Documentation	Closing / Title	Title: Evidence of title is missing
201547510	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Dec Page not provided
201547510	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201547510	Credit	Assets	Asset Documentation	Missing Document: Gift Letter not provided
201547510	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-13): Per the client’s guidance, condition is waived.			03/13/2017
		Reviewer Comment (2017-03-17): Sufficient cure was provided.	03/17/2017
WAIVER REQUEST Seller is requesting waiver of exception for 2 years tax returns since borrowers are W-2 wage earners with no Schedule A or self employment, as verified with W-2’s and transcripts.		Reviewer Comment (2017-03-17): OK to clear, per AIG. Ne waiver required.	03/17/2017
Erroneous Reg ID 2817. The Loan Estimate was properly rounded.		Reviewer Comment (2017-03-20): Seller provided post-close CD with correction and LOE to borrower		03/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-13): Client elects to waive.			03/13/2017
Evidence of title missing from file.		Reviewer Comment (2017-03-16): Commitment for title has been provided.	03/16/2017
Missing Condo Master Policy. File has Borrower’s H06 only.		Reviewer Comment (2017-03-16): Seller provided evidence of condo insurance.	03/16/2017
Fraud report missing from file.		Reviewer Comment (2017-03-16): Seller provided fraud report.	03/16/2017
A reference to a gift letter from the borrower’s mother is in the file, however the actual letter is missing.		Reviewer Comment (2017-03-23): Seller provided verification funds of $150,000 were back out of personal funds available for closing and reserves as were not deemed acceptable. Business assets used to make up the amount needed for closing with supporting documentation and CPA letter.	03/23/2017
HOA information is missing from file. Please provide HOA/management company name, address, tax ID and a contact person’s full name, e-mail address and telephone number. Also status of dues on the subject unit.		Reviewer Comment (2017-03-16): Seller provided all required HOA information.	03/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201547510	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201547510	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201547510	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201547510	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: Representative FICO score discrepancy.	Representative FICO score of 746 is less than AUS representative FICO score of 763.
201547511	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201547511	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201547511	Property	Appraisal	Appraisal Reconciliation	Review scope falling below the minimum requirement of 301.
201547511	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
201547511	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201547511	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-13): Data was corrected on subsequent disclosure with a LOE provided to the borrower.		03/13/2017
Data is still not accurate on subsequent disclosure.		Reviewer Comment (2017-03-13): Per the client’s guidance, condition is waived. Reviewer Comment (2017-03-13): wrong exception Reviewer Comment (2017-03-13): Data was corrected on subsequent disclosure with a LOE provided to the borrower.			03/13/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-03-16): Seller provided wiring instructions.	03/16/2017
Credit Report in file is dated 1/31/2017. AUS indicates Credit Report used for qualifying score was dated 1/9/2017. Provide a revised AUS findings to match the final terms.		Reviewer Comment (2017-03-21): Seller has provided revised AUS.	03/21/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-17): Seller provided wiring instructions.	03/17/2017
The HOI policy in file reflects $xx in Dwelling Coverage. This is not enough to cover the Loan amount of $xx or estimated cost new for the property of $xx.		Reviewer Comment (2017-03-17): Seller provided Replacement Cost Estimate which matches coverage amount. There is no longer a shortfall.	03/17/2017
Review scope score of 189 < minimum required of 301.	781 representative FICO score > 700 guideline minimum - 81 points above guideline minimum 30.58 months reserves > 15 months guideline minimum - borrowers have verified reserves of $155,014.93	Reviewer Comment (2017-07-26): Client elects to waive the Exception based on compensating factors. The file contains a full second appraisal supporting value which is stronger than the FNC report.			07/26/2017
Missing two years tax transcripts as required per guidelines.		Reviewer Comment (2017-03-28): Seller has provided 2015/2015 IRS Transcripts. Reviewer Comment (2017-03-20): Seller has provided 1120s Transcripts however borrowers 1040 Transcripts are required.	03/28/2017
Esign consent agreement missing from file.		Reviewer Comment (2017-03-17): Seller provided signed e-sign consent agreement.	03/17/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-03-21): Seller has provided a Letter of Explanation & Corrected PCCD.		03/21/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201547511	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201547511	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201547511	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $900.00 exceeds tolerance of $750.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201547511	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201547512	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201547512	Compliance	Compliance	Federal Compliance	TRID Revised Loan Estimate Timing vs Closing Disclosure	TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on or after the date the Closing Disclosure was provided. (Interim/02/23/2017)
201547512	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $375.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507)
201547512	Compliance	Compliance	Federal Compliance	TRID Revised Loan Estimate Timing Before Closing	TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 2/23/2017 not received by borrower at least four (4) business days prior to closing. (Interim/02/23/2017)
201547513	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201547513	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-03-17): Seller provided 1/18/17 CD and evidence it was received electronically by the borrower on that date.	03/17/2017
Seller CD missing from file.		Reviewer Comment (2017-03-20): Seller’s CD has been provided.	03/20/2017
Fee disclosed as ($xx) on (LE dated 12/22/16), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-13): Cure provided is sufficient		03/13/2017
		Reviewer Comment (2017-03-20): Client elects to waive.			03/20/2017
Cure for (Second Appraisal fee) of ($375.00) was not provided.		Reviewer Comment (2017-04-04): Change of Circumstance dated 2/23/17 provided renaming Collateral Review Fee as 2nd Appraisal Fee and reducing amount to $375. Reviewer Comment (2017-03-30): Seller comments state that “The Second Appraisal Fee of $600 was disclosed to the borrower on our initial disclosures but unfortunately the fee line shared a fee number with the Collateral Review Fee of $150, when sent to documents vendor [Redacted], it lumped the fees together and showed Collateral Review Fee for $750. CD was processes through [REDACTED] instead of [REDACTED] which correctly showed the Second Appraisal fee,” However due to the fee name change a COC to the borrower would have been required or $375 tolerance cure will be required.		04/04/2017
Revised LE and Initial CD both provided on 02/23/17.		Reviewer Comment (2017-03-22): Seller provided a statement stating the LE dated 02/23/2017 was never delivered to the borrower and was created in error. The initial CD dated 02/23/2017 was delivered to the borrower.	03/22/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-04-04): Change of Circumstance dated 2/23/17 provided renaming Collateral Review Fee as 2nd Appraisal Fee and reducing amount to $375. Reviewer Comment (2017-03-30): Seller comments state that “The Second Appraisal Fee of $600 was disclosed to the borrower on our initial disclosures but unfortunately the fee line shared a fee number with the Collateral Review Fee of $150, when sent to documents vendor [Redacted], it lumped the fees together and showed Collateral Review Fee for $750. CD was processes through [REDACTED] instead of [REDACTED] which correctly showed the Second Appraisal fee,” However due to the fee name change a COC to the borrower would have been required or $375 tolerance cure will be required.		04/04/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-03-22): Seller provided a statement stating the LE dated 02/23/2017 was never delivered to the borrower and was created in error. The initial CD dated 02/23/2017 was delivered to the borrower.	03/22/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-03-20): Seller provided final post-close CD and corresponding settlement statement with letter of explanation to borrowers for the changes and evidence docs sent to the borrowers. Reviewer Comment (2017-03-15): Seller has provided a Letter of Explanation and a Corrected PCCD however the corrected CD reflects a reduction in closing costs (prepaid interest) please provided the Final Settlement Statement to verify amounts as loan disbursed.		03/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-13): Per the client’s guidance, condition is waived.			03/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201547513	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Management Company Fee. Fee Amount of $750.00 exceeds tolerance of $595.00. Sufficient or excess cure was provided to the borrower at Closing. (7510)
201547513	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201547513	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of 1.50 is less than Guideline PITIA months reserves of 9.00.
201547514	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201547514	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201547514	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201547514	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $74.78 exceeds tolerance of $45.00. Insufficient or no cure was provided to the borrower. (7520)
201547514	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $4,368.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (8304)
201547514	Compliance	Loan Package Documentation	Closing / Title	(Doc Error) Security Instrument Error: Notary/Security Instrument Date was not provided
201547514	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] Transcripts (2014)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as ($xx) on (LE dated 01/12/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-13): Sufficient cure provided on Final CD.	03/13/2017
1.5 months reserves less than 9 months required. Missing verification of retirement account balance from file.		Reviewer Comment (2017-03-17): Seller provided updated AUS Findings with expired asset statement removed. Borrower has sufficient reserves without it. No additional documentation is required. Reviewer Comment (2017-03-15): Seller has provided retirement account statements, however statement for borrower Rochelle Reiter is more than 120 prior to Note date. Please provide updated statement.	03/17/2017
1.5 months reserves less than 9 months required. Missing verification of retirement account balance from file.		Reviewer Comment (2017-03-17): Seller provided updated AUS Findings with expired asset statement removed. Borrower has sufficient reserves without it. No additional documentation is required. Reviewer Comment (2017-03-15): Seller has provided retirement account statements, however statement for borrower Rochelle Reiter is more than 120 prior to Note date. Please provide updated statement.	03/17/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-03-22): Seller provided PCCD with correct closing date. Reviewer Comment (2017-03-15): Correction due to receipt of missing notary; Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		03/22/2017
Cure for (Credit Report fee) of ($29.78) was not provided.		Reviewer Comment (2017-03-16): Seller has provided a Letter of Explanation, corrected PCCD and a Final Settlement Statement evidencing cure was provided to borrower.		03/16/2017
Seller CD missing from file.		Reviewer Comment (2017-03-15): Seller CD has been provided.	03/15/2017
Fee disclosed as ($xx) on (LE dated 01/24/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-16): Seller has provided a Letter of Explanation, corrected PCCD and a Final Settlement Statement evidencing cure was provided to borrower.		03/16/2017
Erroneous Reg ID 4747. This fee was seller paid, and is customarily paid by Seller in the state of (CA).		Reviewer Comment (2017-03-15): This fee was seller paid, and is customarily paid by Seller in the state of (CA).	03/15/2017
Missing notary acknowledgement for co-borrower [REDACTED].		Reviewer Comment (2017-03-15): Seller has provided notary acknowledgement for co-borrower [Redacted].	03/15/2017
Missing two years tax transcripts as required per guidelines, only 2015 transcripts were provided.		Reviewer Comment (2017-03-15): Seller has provided 2014 tax transcripts as required per guidelines	03/15/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Second Home	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Second Home	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Second Home	Purchase
1	A	XXXX	XX	Second Home	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201547514	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201547517	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201547517	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201547517	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Costs Subtotals Seller Paid - At Closing	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Total Closing Costs (Paid by Seller at Closing) that does not match sum of fees. (Final/[MM/DD/YYYY])
201547517	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201547517	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201547517	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201547517	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $800.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7505)
201547522	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201547522	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/151498)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-15): Per the client’s guidance, condition is waived.			03/15/2017
Compliance Report was not provided.		Reviewer Comment (2017-03-15): Seller has provided compliance report.	03/15/2017
Wire instructions were not provided.		Reviewer Comment (2017-03-15): Seller has provided wire instructions.	03/15/2017
		Reviewer Comment (2017-03-13): Per the client’s guidance, condition is waived.			03/13/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-03-17): Corrected PCCD and letter of explanation to borrower explaining the changes was provided.		03/17/2017
Cure for Desk Review fee of $800 was not provided.		Reviewer Comment (2017-03-17): PCCD and Settlement Statement provided which evidence sufficient cure for $800 and $15 appraisal-related fees.		03/17/2017
		Reviewer Comment (2017-03-15): Seller has provided evidence Your Home Loan Toolkit Disclosure to applicant.	03/15/2017
Cure for Desk Review fee of $800 was not provided.		Reviewer Comment (2017-03-17): PCCD and Settlement Statement provided which evidence sufficient cure for $800 and $15 appraisal-related fees.		03/17/2017
		Reviewer Comment (2017-03-16): Seller has provided wire instructions.	03/16/2017
CD reflects $1,311.90, calculates to be $1,301.82.		Reviewer Comment (2017-03-20): Seller provided actual invoice for insurance premium and evidence it was paid at closing; the amount equals the escrow disbursement and escrow payment amounts shown on the final CD.		03/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201547522	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/151498)
201547522	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201547522	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
201547522	Credit	Assets	Asset Documentation	Assets Error: Accounts are missing
201547525	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201547525	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201547525	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201547526	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201547526	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for 11245.00000. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201547526	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
CD reflects $4,103.78, calculates to be $4,093.40.		Reviewer Comment (2017-03-20): Seller provided actual invoice for insurance premium and evidence it was paid at closing; the amount equals the escrow disbursement and escrow payment amounts shown on the final CD.		03/20/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-13): Client elects to waive			03/13/2017
File has Insurance Binder only.		Reviewer Comment (2017-03-16): Seller has provided Hazard Insurance Policy.	03/16/2017
Missing verification of $xx deposit on 2/14/2017 reflected in account #[REDACTED]. 1008 indicates this is from the sale of Company Stock, however no evidence provided in the file.		Reviewer Comment (2017-03-20): Seller provided documentation of the source of the deposit into the borrower’s account. (TD 3/17/17) Reviewer Comment (2017-03-16): Seller has provided evidence of the wire into acct #4467 however source of the funds was not provided.	03/20/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-15): Seller has provided wire instructions.	03/15/2017
Esign consent agreement missing from file.		Reviewer Comment (2017-03-15): Seller has provided evidence of borrower’s consent to receive electronic disclosures.	03/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-13): Client elects to waive.			03/13/2017
Missing lease agreement.		Reviewer Comment (2017-03-29): Seller has provided lease agreement.	03/29/2017
Missing lease agreement.		Reviewer Comment (2017-03-29): Seller has provided lease agreement.	03/29/2017
Missing lease agreements.		Reviewer Comment (2017-03-29): Seller has provided lease agreement.	03/29/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201547526	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201547526	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow - Reason	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
201547526	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201547526	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201547526	Property	Property - Appraisal	General Appraisal Requirements	HOA Dues Status is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201558293	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201558293	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201558293	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201558293	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney Review Fee. Fee Amount of $225.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7588)
201558293	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $116.00 exceeds tolerance of $20.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Esign consent agreement missing from file.		Reviewer Comment (2017-03-15): Seller has provided evidence of borrower’s consent to receive electronic disclosures.	03/15/2017
The reason for no escrow account is blank.		Reviewer Comment (2017-03-17): Seller has provided a Letter of Explanation & Corrected Closing Disclosure. Reviewer Comment (2017-03-15): Seller has provided PCCD for incorrect borrower. Please provided a PCCD and a letter of explanation for the changes for subject loan.		03/17/2017
		Reviewer Comment (2017-03-13): Client elects to waive.			03/13/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-15): Seller has provided wire instructions.	03/15/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-20): Seller provided missing HOA information. Reviewer Comment (2017-03-15): Seller has provided HOA address, phone number and email, however a contact name is also required. Please provided a HOA contact.	03/20/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-16): Seller has provided wire instructions.	03/16/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-03-29): Letter of Explanation & Corrected PCCD and Final Settlement Statement. Reviewer Comment (2017-03-27): Seller provided a PCCD dated 3/24/17, however the Closing date reflects 2/27/17 whereas the Closing date (mortgage notary) should be 3/1/17		03/29/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-15): Per the client’s guidance, condition is waived.			03/15/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-03-27): Sufficient cure provided on Final CD.		03/27/2017
Fee disclosed as ($xx) on (LE dated 01/23/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-27): Sufficient cure provided on Final CD.		03/27/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201558294	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201558294	Compliance	Compliance	Federal Compliance	TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 1, 4, 6, or 11)	Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used. (The property state is in the 1st, 4th, 6th, or 11th circuit.)
201558301	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201558301	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.
201558301	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201558301	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201564684	Credit	Loan Package Documentation	Closing / Title	Missing Document: Rider - Other not provided
201564684	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201564684	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201564684	Credit	Loan Package Documentation	Application / Processing	Missing Valuation:	Valuation Type: Appraisal / Valuation Report Date: <empty> Appraisal is missing

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-20): Seller provided satisfactory fraud report.	03/20/2017
		Reviewer Comment (2017-03-14): Client elects to waive.			03/14/2017
		Reviewer Comment (2017-03-15): Seller has provided wire instructions in original loan file.	03/15/2017
		Reviewer Comment (2017-03-15): ABAD provided within three days of closing was located in the file. The exception no longer applies.	03/15/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-03-20): Seller provided final settlement statement that matches post close CD dated 3/15/17. Reviewer Comment (2017-03-16): Seller has provided a letter of explanation and a corrected PCCD, however CD reflects reduced closing costs and cash to the borrower. Please provide the Final Settlement Statement to verify fees as loan disbursed. Reviewer Comment (2017-03-14): Please provide PCCD with correct closing date, LOE to borrower and evidence docs sent to borrower.		03/20/2017
Seller Closing Disclosure Seller Paid Fees Total $xx and Closing Disclosure Calculated Closing Costs Subtotals Paid By Seller At Closing $xx.		Reviewer Comment (2017-03-14): Client elects to waive.			03/14/2017
Waiver of Borrower’s Rights Rider missing from file.		Reviewer Comment (2017-03-20): Seller has provided Waiver of Borrower’s Rights Rider.	03/20/2017
Seller CD is missing from file.		Reviewer Comment (2017-03-21): seller’s CD has been provided. Reviewer Comment (2017-03-20): Seller has provided a PCCD however the Seller’s CD has not been provided.	03/21/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-03-20): Seller has provided initial CD with evidence of borrowers receipt.	03/20/2017
Appraisal missing from file.		Reviewer Comment (2017-03-23): Appraisal was provided; however see new condition for borrower’s receipt of the appraisal. Reviewer Comment (2017-03-23): Seller has provided verification of borrowers receipt of appraisal 12/23/16, however report date of appraisal provided reflects [MM/DD/YYYY]. Please provide verification of borrowers receipt of updated appraisal along with changes made. Reviewer Comment (2017-03-20): Seller has provided the Appraisal however evidence of borrowers receipt is also required.	03/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201564684	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201564684	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/12/29/2016)
201564684	Credit	Property - Appraisal	General Appraisal Requirements	Incorrect Appraisal Form type: Appraisal Form 1004/70 used for incorrect Subject property type.
201564686	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
201564686	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201564686	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201564686	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED] 1040 (2014), 1040 (2015) 1040 (2014), 1040 (2015)
201564686	Credit	Property - Appraisal	Appraisal Documentation	Missing Document: Final Inspection / 442 not provided
201564688	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201564688	Credit	Insurance	Insurance Documentation	Missing Document: Flood Insurance Policy not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing all required information for the HOA.		Reviewer Comment (2017-03-23): Seller has provided all required HOA information. Reviewer Comment (2017-03-20): Seller has provided HOA address, contact name and email, phone number is also required per guidelines. Email provided reflects 2017 dues are unpaid, please provided verification dues are now current.	03/23/2017
Seller has provided verification of borrowers receipt of appraisal 12/23/16, however report date of appraisal provided reflects [MM/DD/YYYY]. Please provide verification of borrowers receipt of updated appraisal along with changes made.		Reviewer Comment (2017-03-27): See new exception requesting waiver.	03/27/2017
EXCEPTION WAIVER REQUEST: For verification of borrowers receipt of updated appraisal due to the requirement of the borrower receiving all versions of each evaluation of the appraisal is not applicable to loans locked prior to 3/1/17.		Reviewer Comment (2017-04-11): AIG approved the exception waiver.			04/11/2017
CD reflects -$32.45 Owner’s Title Insurance in section H.		Reviewer Comment (2017-03-20): Seller provided verification of credit in Section H is for issue of simultaneous policy.	03/20/2017
Disclosure reflects TIP of (74.85%) but calculated TIP is (74.473%).		Reviewer Comment (2017-03-20): Per the client’s guidance, condition is waived.			03/20/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx.		Reviewer Comment (2017-03-15): Client elects to waive.			03/15/2017
Missing 2014 and 2015 Tax Returns.		Reviewer Comment (2017-03-20): Not required per the client’s guidance. Reviewer Comment (2017-03-15): Please note that the tax returns must be signed by the borrowers.	03/20/2017
Missing verification improvements indicated on the 442 dated 2/23/2017 have been completed. Update indicates to hold back $xx for completion of Sod installation, however no holdback is evident on Final CD dated 2/28/2017.		Reviewer Comment (2017-03-29): Seller’s CD and Escrow Holdback Agreement have been provided.	03/29/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-17): Seller has provided wire instructions.	03/17/2017
Flood policy missing from file.		Reviewer Comment (2017-03-17): Seller has provided Flood Insurance Policy.	03/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	B	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201564688	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201564688	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $104.25 exceeds tolerance of $75.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201564690	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201564693	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201564693	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Affiliated Business Arrangement Disclosure Missing	RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to borrower.
201564693	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201564693	Credit	Property - Appraisal	Appraisal Documentation	Missing Document: Appraisal was made “subject to” and Form 442 was not provided.	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201564694	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201564694	Credit	Borrower and Mortgage Eligibility	Borrower Eligibility	1003 Error: Citizenship Source Documentation was not provided	Borrower: [REDACTED]
201564694	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-14): This is cured on the 03/07/2017 post closing CD.		03/14/2017
Fee disclosed as ($xx) on (LE dated 01/20/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-17): Sufficient cure provided on Final CD.		03/17/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-15): Client elects to waive.			03/15/2017
		Reviewer Comment (2017-03-17): Seller has provided wire instructions.	03/17/2017
Per Investor’s Lender Affiliate Matrix, Lender has affiliates associated with their company, however no evidence of ABA found in file.		Reviewer Comment (2017-03-17): Seller has provided evidence Affiliated Business Arrangement Disclosure was provided to borrower.	03/17/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx.		Reviewer Comment (2017-03-15): Client elects to waive.			03/15/2017
		Reviewer Comment (2017-03-17): Seller has provided form 442.	03/17/2017
		Reviewer Comment (2017-03-17): Seller has provided Wire Instructions.	03/17/2017
1003 indicates that the borrower is a permanent resident alien, but a copy of his identification documents (permanent resident alien card) has not been provided.		Reviewer Comment (2017-03-17): Seller has provided borrowers Permanent Resident Alien card.	03/17/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx. Data is still not accurate on subsequent CD.		Reviewer Comment (2017-03-15): Client elects to waive			03/15/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201564696	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201564696	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/544563)
201564696	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201564696	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201564696	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201564696	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,531.00 exceeds tolerance of $725.00 plus 10% or $797.50. Insufficient or no cure was provided to the borrower. (0)
201564696	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201564696	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Document Preparation Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7563)
201564699	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201564699	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-17): Wire instructions provided in loan file.	03/17/2017
Missing a full 2 year employment history, only 1.96 years provided.		Reviewer Comment (2017-03-29): Seller provided processor’s cert stating that co-borrower worked at [Redacted] before they were acquired by [Redacted]. Acquisition documented/confirmed at [Redacted] Inc website: “[Redacted] Acquires [Redacted], a Leading Provider of Strategic Solutions that Optimize the Economics and Performance of Big Data Analytics and Hadoop 2015-03-05” Reviewer Comment (2017-03-24): Documents loaded to clear this exception do not address the 2 year employment history. Reviewer Comment (2017-03-20): Seller has provided WVOE provided with original loan file, however the verified employment history for the co-borrower is not for a full 2 years (1.96). Please provided additional employment history to evidence a full 2 year history.	03/29/2017
Missing a full 2 year employment history, only 1.96 years provided.		Reviewer Comment (2017-03-29): Employment history provided. Previous employer taken over by current employer. Processor’s cert verified at employer’s website: [REDACTED] Reviewer Comment (2017-03-20): Seller has provided WVOE provided with original loan file, however the verified employment history for the co-borrower is not for a full 2 years (1.96). Please provided additional employment history to evidence a full 2 year history.		03/29/2017
CD data field is blank, calculates to be $xx.		Reviewer Comment (2017-03-27): A post-close CD and letter of explanation sent to the borrower was provided. Reviewer Comment (2017-03-23): The 10% tolerance violation has been cleared. The file was missing a copy of the letter of explanation sent to the borrower disclosing the changes made on the PCCD moving the doc prep fee to section C from section B. Condition remains Reviewer Comment (2017-03-21): Cure for various 0% and 10% tolerance violations ($1883.50) or valid COC was not provided.		03/27/2017
		Reviewer Comment (2017-03-20): Seller has provided evidence Your Home Loan Toolkit Disclosure was provided to applicant.	03/20/2017
$1733.50 tiolerance violation due to increase of $475 settlement and $1331 recording fees. Although the $xx settlement fees and $xx of the recording fees were paid by the seller, they are still included in the tolerance testing. Note: State of Florida it is customary for the seller to pay for the recording of the Deed and the borrower to pay for the Mortgage, however the CD does not indicate if the seller paid recording fee was for the Deed or the Mortgage.		Reviewer Comment (2017-03-23): The settlement fee was split between the borrower and seller and can be excluded. The recording fees are typically paid by the seller in VA as the borrower pays for the recording of the mortgage only. Reviewer Comment (2017-03-21): Seller provided a PCCD however a valid COC for the increase of the Settlement fee and verification if the seller paid recording fee was for the Deed or the Mortgage has not been provided. ($1733.50) 10% violation due to increase in fees. No evidence of cure.	03/23/2017
Closing Protection, Courier, Doc Prep and Lender’s Title Insurance reflected in section B, should be in section C. Providers used are not listed on SSPL.		Reviewer Comment (2017-03-24): Seller provided PCCD with all fees in correct sections Reviewer Comment (2017-03-21): Seller has provided a PCCD with Courier and Doc Prep fees moved to Section C, however the Closing Protection Letter and Lender’s Title Insurance are still reflected in Section B and should also be moved to Section C due to provider not being on the SPL.		03/24/2017
Although fee is paid by the seller it is still included in tolerance testing.		Reviewer Comment (2017-03-27): A post-close CD and letter of explanation sent to the borrower was provided. Reviewer Comment (2017-03-23): The doc prep fee was moved to section C of the PCCD; however a copy of the letter of explanation sent to the borrower disclosing the changes was not provided. Condition remains Reviewer Comment (2017-03-21): Seller provided PCCD reflecting Doc Prep fee paid by the borrower, however this fee was not disclosed on the LE, please provide a valid COC for addition of $150 Title - Doc Prep fee.		03/27/2017
		Reviewer Comment (2017-03-17): Seller has provided Compliance Report.	03/17/2017
		Reviewer Comment (2017-03-17): Seller has provided evidence Your Home Loan Toolkit Disclosure provided to applicant.	03/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201564699	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for FNC Appraisal Score. Fee Amount of $15.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7543)
201564700	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Affiliated Business Arrangement Disclosure Missing	RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to borrower.
201564700	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201564700	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201564702	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201564702	Credit	Property - Appraisal	Property Eligibility - Site and Utilities	Subject property has environmental problems noted by appraiser or visible in the photos	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201564702	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/02/24/2017)
201564702	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201564702	Compliance	Compliance	Federal Compliance	TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date	Truth in Lending Act: Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s).
201590514	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-15): Sufficient cure provided on Final CD.		03/15/2017
Per Investor’s Lender [REDACTED], Lender has several affiliates; however signed ABA is missing from loan file.		Reviewer Comment (2017-03-23): Seller provided evidence ABA disclosure provided to borrower.	03/23/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY], but transaction consummation (mortgage notary) date was ([MM/DD/YYYY].		Reviewer Comment (2017-03-15): Data was corrected on subsequent CD with LOE provided.		03/15/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx.		Reviewer Comment (2017-03-15): Data was corrected on subsequent CD with LOE provided.		03/15/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-20): Seller has provided wire instructions.	03/20/2017
Appraisal reflects adverse site conditions of the subject located on [REDACTED] which is a busy access arterial road running east and west from [REDACTED] to [REDACTED] access.		Reviewer Comment (2017-03-20): The appraiser provided 2 comparable sales located on busy streets like the subject that support the appraised value.	03/20/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-03-20): Seller has provided evidence of borrower’s receipt.	03/20/2017
Final CD dated 02/28/17 not signed or dated at closing, evidence of earlier receipt not found in file. Transaction date of [MM/DD/YYYY] requires Right to Cancel expiration date of [MM/DD/YYYY], Final CD reflects disbursement date of [MM/DD/YYYY], 1 days prior to Right to Cancel Expiration date.		Reviewer Comment (2017-03-24): The CD issued the day of closing would have been received 3 days later per the mailbox rule. The material disclosures were within permissible tolerances, therefore not delaying the rescission by three days. Reviewer Comment (2017-03-24): Provide evidence borrower received the final CD on 2/28/17 in order to clear this exception. Reviewer Comment (2017-03-22): The final CD issued 02/28/2017 was not executed, which is acceptable; however the file did not contain documentation verifying the delivery of the CD to the borrowers on 02/28/2017. Without proof of delivery, the CD is assumed to have been received on 03/03/2017, resulting in the consummation date being [MM/DD/YYYY]. Provide documentation verifying the borrowers received a copy of the final CD on 02/28/2017.	03/24/2017
		Reviewer Comment (2017-03-20): Seller has provided evidence of borrowers receipt of the initial CD however, evidence of borrowers earlier receipt of the unsigned Final CD dated 2/28/17 was not provided. Transaction date of [MM/DD/YYYY] requires Right to Cancel expiration date of [MM/DD/YYYY], Final CD reflects disbursement date of [MM/DD/YYYY], 1 days prior to Right to Cancel Expiration date.
Final CD dated 02/28/17 not signed or dated at closing, evidence of earlier receipt not found in file. Transaction date of [MM/DD/YYYY] requires Right to Cancel expiration date of [MM/DD/YYYY], Final CD reflects disbursement date of [MM/DD/YYYY], 1 days prior to Right to Cancel Expiration date.		Reviewer Comment (2017-03-24): The CD issued at closing would have been received 3 days later per the mailbox rule. The material disclosures were within permissible tolerances, therefore not delaying the rescission by three days. Reviewer Comment (2017-03-24): Provide evidence borrower received the final CD on 2/28/17 in order to clear this exception. Reviewer Comment (2017-03-22): The final CD issued 02/28/2017 was not executed, which is acceptable; however the file did not contain documentation verifying the delivery of the CD to the borrowers on 02/28/2017. Without proof of delivery, the CD is assumed to have been received on 03/03/2017, resulting in the consummation date being 03/03/2017. Provide documentation verifying the borrowers received a copy of the final CD on 02/28/2017.	03/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-16): Client elects to waive.			03/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201590514	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.
201590514	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $123.23 exceeds tolerance of $100.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201590517	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/25/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/01/25/2017)
201590517	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/26/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Interim/01/26/2017)
201590517	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 2/23/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Interim/02/23/2017)
201590520	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201590520	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201590520	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201590520	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201590520	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $5,227.00 exceeds tolerance of $2,902.00 plus 10% or $3,192.20. Insufficient or no cure was provided to the borrower. (0)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing evidence of proceeds from sale of [REDACTED], missing closing statement with at least $xx in proceeds to seller.		Reviewer Comment (2017-03-22): Seller provided settlement statement from 3/1/17 sale of previous residence netting borrowers $211,031.37. Reserve requirement met.	03/22/2017
Fee disclosed as ($xx) on (LE dated 01/16/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-03-16): Sufficient cure was provided.	03/16/2017
Esign agreement in file is dated 02/26/17. Evidence of earlier consent given by borrower was not found in file.		Reviewer Comment (2017-03-21): Seller has provided evidence of earlier consent.	03/21/2017
Esign agreement in file is dated 02/26/17. Evidence of earlier consent given by borrower was not found in file.		Reviewer Comment (2017-03-21): Seller has provided evidence of earlier consent.	03/21/2017
Esign agreement in file is dated 02/26/17. Evidence of earlier consent given by borrower was not found in file.		Reviewer Comment (2017-03-21): Seller has provided evidence of earlier consent.	03/21/2017
Lender’s Wire Instructions were not provided with loan package.		Reviewer Comment (2017-03-20): Seller has provided wire instructions.	03/20/2017
Final CD reflects closing date of [MM/DD/YYYY]; however actual closing date was [MM/DD/YYYY]. There is a subsequent CD in the file dated 03/03/2017 which reflects the correct closing date.		Reviewer Comment (2017-03-16): Lender cured with post consummation CD provided to borrower prior to disbursement that reflects the closing date correctly as 3/1/2017.		03/16/2017
No cure was found related to the zero tolerance issues.		Reviewer Comment (2017-03-21): Seller has provided evidence LE was properly rounded, cure provided is sufficient. Reviewer Comment (2017-03-20): Seller has provided the Final CD however, verification that the LE fee for the credit report was rounded has not been provided. PCCD reflects a cure of $xx for the credit report however without verification the LE was rounded $69.90 would be required.	03/21/2017
Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Title - Escrow fee for $xx, Transfer tax for $xx, 2nd half taxes for $xx, Commission for $xx, Commission for $xx, Mobile notary for $xx, Natural Hazard Disclosure for $xx and Title - Owner’s Title Insurance for $xx were reflected on the Seller’s CD, however not all were reflected on the Borrower’s Final CD.		Reviewer Comment (2017-03-16): Client elects to waive.			03/16/2017
No cure was found related to the ten percent tolerance issues.		Reviewer Comment (2017-03-16): Per the contract the Escrow fee is paid by each party for their portion, Seller paid portion is reflected as 1/2 of Escrow fee and is on the Seller final CD and Final Seller Statement. Lender provided a re-disclosed CD dated 3/3/2017 on the date of disbursement along with a letter to the borrower and a tolerance cure of $xx of which $209.80 is for 10% tolerance cure. CD dated 3/3/2017 reflects a higher Notary fee of $225 for total 10% fees for borrower required items to $3,402 for a required tolerance cure of $209.80. Funding advise in file reflects the loan disbursed with the correct cure included in the wire.		03/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance—Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Refinance—Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Refinance—Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201590520	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $99.90 exceeds tolerance of $30.00. Insufficient or no cure was provided to the borrower. (7520)
201590522	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201590522	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201590523	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201590523	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201590523	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201590523	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201590523	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $3,519.20 exceeds tolerance of $1,859.00. Insufficient or no cure was provided to the borrower. (7200)
201590524	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201590524	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Lender provided a post consummation CD dated 3/3/2017 prior to disbursement along with an explanation letter to the borrower that indicates a total cure of $xx with $xx cure for the 0% tolerance violation for the credit report; however, the LE in file reflects $xx and the final CD reflected $xx. Cure required would be $xx. There was no evidence found in the file that the LE fee for the credit report was rounded. Additional cure of $.19 required.		Reviewer Comment (2017-03-21): Seller has provided evidence LE was properly rounded, cure provided is sufficient.	03/21/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-21): Seller has provided wire instructions.	03/21/2017
Esign consent agreement missing from file.		Reviewer Comment (2017-03-21): Seller has provided evidence of borrower’s consent to receive electronic disclosures.	03/21/2017
		Reviewer Comment (2017-03-23): Seller has provided wire instructions.	03/23/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-16): Client elects to waive.			03/16/2017
TRID Non-Compliant: Missing payee for HOA Certificate Fee. CD reflects Tbd.		Reviewer Comment (2017-03-23): Seller provided a Letter of Explanation and Corrected PCCD adding missing payees.		03/23/2017
Cure for $1660.20 increase in discount fees was not provided.		Reviewer Comment (2017-03-27): Seller provided a valid COC for increase in discount points. Reviewer Comment (2017-03-23): Seller has provided a letter of explanation and PCCD however a COC for the increase in Loan Discount Points was not provided.	03/27/2017
Fee disclosed as $xx on LE dated 2/10/2017 and as $xx on Final CD. Note: COC in file dated 2/27/2017 indicates discount fees increasing, however no reason given for this increase. Loan Amount, rate, appraised value and expiration date remain unchanged since 2/10/2017.		Reviewer Comment (2017-03-27): Seller provided a valid COC for increase in discount points. Reviewer Comment (2017-03-23): Seller has provided a letter of explanation and PCCD however a COC for the increase in Loan Discount Points was not provided.	03/27/2017
		Reviewer Comment (2017-03-23): Seller provided wire instructions. Reviewer Comment (2017-03-21): Wire instructions were not attached.	03/23/2017
Final CD reflects prepaid homeowners insurance of $485.00 for 11 months however this should reflect 12 months. The calculated amount at 11 months would be $444.51 at $40.42.		Reviewer Comment (2017-03-28): Seller has provided a Letter of Explanation, Corrected PCCD and Final Settlement Statement. Reviewer Comment (2017-03-24): Corrected post-close CD has been provided. Please provide final settlement statement confirming that the PCCD reflects how the loan closed and, if applicable, LOE to the borrower explaining the changes.		03/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201590524	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201590524	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201609463	Compliance	Compliance	Federal Compliance	Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.	Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.
201609463	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/18/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/01/18/2017)
201609463	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/19/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Interim/01/19/2017)
201609464	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of 1.52 is less than Guideline PITIA months reserves of 15.00.
201609464	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201609464	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Email is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201609464	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type: Primary/02/15/2017)
201609464	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-21): Seller CD has been provided.	03/21/2017
Per the client’s guidance, condition is waived.		Reviewer Comment (2017-03-21): Per the client’s guidance, condition is waived.			03/21/2017
Federal Loan Originator Compensation disclosure missing from file.		Reviewer Comment (2017-03-22): Seller has provided Loan Originator Compensation disclosure.	03/22/2017
Esign agreement in file is dated 02/10/17. Evidence of earlier consent given by borrower was not found in file.		Reviewer Comment (2017-03-21): Seller has provided evidence of borrower’s earlier consent to receive electronic disclosures.	03/21/2017
Esign agreement in file is dated 02/10/17. Evidence of earlier consent given by borrower was not found in file.		Reviewer Comment (2017-03-21): Seller has provided evidence of borrower’s earlier consent to receive electronic disclosures.	03/21/2017
Statements for retirement accounts listed on the AUS (Prestige 401K, IRA 9362, Roth IRA 1985, IRA 4483 and Roth IRA 9388) and the Final 1003 are not in the file. Based on the information in the file, insufficient assets available for reserves.		Reviewer Comment (2017-03-21): Seller has provided statements for retirement accounts.	03/21/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-21): Seller has provided wire instructions.	03/21/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-21): Seller has provided all required HOA information.	03/21/2017
Evidence of receipt of appraisal not provided in file.		Reviewer Comment (2017-03-20): The file contained proof the borrower received all versions of the appraisal.	03/20/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-03-21): Seller has provided a Letter of Explanation & Corrected PCCD.		03/21/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201609464	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201609464	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED] Transcripts (2014), Transcripts (2015) Transcripts (2014), Transcripts (2015)
201609464	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201609466	Property	Appraisal	Appraisal Reconciliation	Review scope falling below the minimum requirement of 301.
201609466	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
201609466	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Costs Subtotals Seller Paid - At Closing	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Total Closing Costs (Paid by Seller at Closing) that does not match sum of fees. (Final/[MM/DD/YYYY])
201609466	Property	Appraisal	Appraisal Reconciliation	Review scope falling below the minimum requirement of 301.
201609468	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201609468	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201609472	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller CD missing from file.		Reviewer Comment (2017-03-21): Seller CD has been provided.	03/21/2017
Missing two years tax transcripts as required per guidelines.		Reviewer Comment (2017-03-21): Seller has provided 2014/2015 IRS Transcripts.	03/21/2017
Per the client’s guidance, condition is waived.		Reviewer Comment (2017-03-21): Per the client’s guidance, condition is waived.			03/21/2017
Review scope score of 43 < minimum required of 301.		Reviewer Comment (2017-03-27): Seller provided an LOX regarding the review scope and multiple appraisals. The review score is above the requirements per the guidelines. Reviewer Comment (2017-03-22): Seller has provided Review Scope with score of 315, however this was for appraisal with a report date of [MM/DD/YYYY]. Per guidelines a score of 301-450 requires seller to clear all DNA alerts and resubmit the corrected appraisal to FNC. Review Scope resubmitted for appraisal with report date of [MM/DD/YYYY] reflects a score of 43.	03/27/2017
Disclosure reflects a negative fee for (Title - Owner’s Title Insurance) in Section (H). This is TRID non-compliant.		Reviewer Comment (2017-03-22): Seller has provided a Letter of Explanation & Corrected PCCD.		03/22/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-17): Client elects to waive.			03/17/2017
		Reviewer Comment (2017-03-27): Seller provided an LOX regarding the review scope and multiple appraisals. The review score is above the requirements per the guidelines. Reviewer Comment (2017-03-22): Seller has provided Review Scope with score of 315, however this was for appraisal with a report date of [MM/DD/YYYY]. Per guidelines a score of 301-450 requires seller to clear all DNA alerts and resubmit the corrected appraisal to FNC. Review Scope resubmitted for appraisal with report date of [MM/DD/YYYY] reflects a score of 43.	03/27/2017
Fraud Report missing from file.		Reviewer Comment (2017-03-22): Seller has provided Fraud Report.	03/22/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-17): Client elects to waive.			03/17/2017
Fraud Report missing from file.		Reviewer Comment (2017-03-22): Seller has provided Fraud Report.	03/22/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201609472	Compliance	Compliance	Federal Compliance	TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 3, 5, 7, 8, 9, 10 or DC)	Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used.
201612299	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
201612299	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $275.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7508)
201612299	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201612301	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/156113)
201612301	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/156113)
201612301	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Cash From To Borrower	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Amount of Cash to Close that does not match the Final value of Cash to Close in the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201612301	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201612301	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account statement Inaccurate	RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.
201612302	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Incorrect ROR form used for lender to lender refinance, H9 or G9 form not used.		Reviewer Comment (2017-03-17): Client elects to waive.			03/17/2017
The Calculating Cash to Close section on the final CD reflects $0.00 for Deposit, however the Summaries of Transactions section reflects a $xx Earnest Money Deposit. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-23): Seller provided a Letter of Explanation & Corrected PCCD.		03/23/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-03-20): Cure provided on the final CD.		03/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-20): Per the client’s guidance, the condition is waived.			03/20/2017
The homeowner’s insurance policy in file shows an annual premium of $1,266.00 or $105.50 per month; however the final and post-close CD disclosed a monthly amount of $200.00 in section G. Provide the updated homeowner’s insurance policy verifying the premium of $2,400.00 or a post-close CD, corrected first payment letter, corrected initial escrow account disclosure, a letter of explanation sent to the borrower disclosing the changes, and a copy of the refund check and proof of delivery if applicable.		Reviewer Comment (2017-04-03): Seller has provided LOE, corrected IEAD, corrected PCCD and copy of refund check sent to the borrowers		04/03/2017
The homeowner’s insurance policy in file shows an annual premium of $1,266.00 or $105.50 per month; however the final and post-close CD disclosed a monthly amount of $200.00 in section G. Provide the updated homeowner’s insurance policy verifying the premium of $2,400.00 or a post-close CD, corrected first payment letter, corrected initial escrow account disclosure, a letter of explanation sent to the borrower disclosing the changes, and a copy of the refund check and proof of delivery if applicable.		Reviewer Comment (2017-04-03): Seller provided final PCCD reflecting all corrections, LOE to the borrower and evidence the documents were went to the borrower.		04/03/2017
The final CD dated and executed on 02/23/2017 disclosed the borrower will receive $xx cash at closing in the Summaries of Transaction section; however the calculating cash to close section disclosed the borrower was to receive $xx cash to close at closing. This was corrected on the post-close CD; however a letter of explanation sent to the borrower with the PCCD disclosing the correction was not located in the file.		Reviewer Comment (2017-04-03): Letter of explanation provided and evidence of corrected CD sent to borrower provided with final PCCD reflecting all changes.		04/03/2017
The final CD dated and executed 02/23/2017 disclosed a disbursement date of [MM/DD/YYYY], which was prior to the right to cancel expiration date of [MM/DD/YYYY]. The post-close CD dated 03/02/2017 corrected the disbursement date to [MM/DD/YYYY]; however a copy of the letter of explanation sent to the borrower disclosing the change was not provided in the file.		Reviewer Comment (2017-04-03): Letter of explanation provided and evidence of corrected CD sent to borrower provided with final PCCD reflecting all changes.		04/03/2017
		Reviewer Comment (2017-04-03): Corrected IEAD and post close CD were provided. Escrow beginning balance updated to reflect correct amounts matching final post close CD.	04/03/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-23): Seller provided wiring instructions	03/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
3	C	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Second Home	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	C	C	A	C	C	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201612302	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201612302	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 1/26/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/01/26/2017)
201612306	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201612306	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201612306	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201612306	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201612308	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201612308	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Phone is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201612308	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201612309	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-21): Per the client’s guidance, the condition is waived.			03/21/2017
Evidence of earlier borrower receipt / consent has not been provided in the loan documents. Consent provided on 02/13/17.		Reviewer Comment (2017-03-23): Seller provided evidence of borrower’s consent on 1/26/17	03/23/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-23): Seller provided wiring instructions.	03/23/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-29): Seller provided all missing HOA information.	03/29/2017
Seller CD missing from file.		Reviewer Comment (2017-03-23): Seller CD has been provided.		03/23/2017
		Reviewer Comment (2017-03-23): Client elects to waive.			03/23/2017
The file is missing a copy of the fraud report for all borrowers.		Reviewer Comment (2017-03-23): Seller provided fraud report.	03/23/2017
The file was missing documentation verifying the required HOA information.		Reviewer Comment (2017-03-23): All required HOA information was provided. (OK to clear without e-mail address.)	03/23/2017
		Reviewer Comment (2017-03-21): This is cured on the 3/6/2017 post closing CD.		03/21/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-23): Seller provided wire instructions.	03/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Second Home	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Second Home	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201612309	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201612309	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201612309	Compliance	Compliance	Federal Compliance	TRID Invalid Section B Combinations	TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [MM/DD/YYYY] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/[MM/DD/YYYY])
201612309	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201612309	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201612309	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Loan Estimate Value - Seller Credit	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Loan Estimate value of Seller Credit. (Final/[MM/DD/YYYY])
201612872	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201612872	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201612872	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201612872	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-30): Seller provided corrected post-close CD and LOE to borrower explaining changes.		03/30/2017
The final CD and post-close CD rounded the TIP to two decimal points. The TIP is required to be rounded at three decimal points unless the third decimal is a 0. The final CD disclosed a TIP of 77.35% instead of 77.355%. The post-close CD disclosed a TIP of 77.37% instead of 77.366%. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-30): Seller provided corrected post-close CD and LOE to borrower explaining changes.		03/30/2017
Section B reflects the Trust Review Fee paid to the lender. All fees paid to the lender must be in section A. If this is a pass through, the payee must reflect the actual vendor in some manor (FBO, reimbursement to, etc). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-30): Seller provided corrected post-close CD and LOE to borrower explaining changes.		03/30/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-21): Per the client’s guidance, the condition is waived.			03/21/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-29): Seller provided all missing HOA information.	03/29/2017
In the calculation cash to close section of the final CD, the Loan Estimate column did not identify the amount of the lender credit. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-03): Post close CD with correction and LOE to borrowers has been provided. Reviewer Comment (2017-03-30): PCCD provided 3/29/17 still does not reflect the lender credit on page 3. The only credit shown is the total of the items paid by seller in advance, in Adjustments and Other Credits.		04/03/2017
A copy of the lender’s wire instructions were not provided.		Reviewer Comment (2017-03-28): Seller provided wire instructions.	03/28/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-03-31): Seller has provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-03-29): The exception is calling for a letter explaining to the borrower what changes were made which was sent to the borrower with the corrected CD; what was provided is a processor’s cert to the file. Reviewer Comment (2017-03-28): Seller has provided a corrected PCCD, however a a letter of explanation to the borrower as to the changes made is also required.		03/31/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-21): Per the client’s guidance, the condition is waived.			03/21/2017
Missing evidence Your Home Loan Toolkit Disclosure was provided to the applicant.		Reviewer Comment (2017-03-23): Seller provided evidence Your Home Loan Toolkit Disclosure was provided to the applicant.	03/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201612872	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $645.00 exceeds tolerance of $400.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201612872	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $34.00 exceeds tolerance of $33.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201612872	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/02/14/2017)
201612872	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201615081	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201615081	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201615081	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201615081	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201615081	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Affiliated Business Arrangement Disclosure Missing	RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to borrower.
201615082	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-21): Sufficient cure provided on Final CD.		03/21/2017
		Reviewer Comment (2017-03-21): Sufficient cure provided on Final CD.		03/21/2017
Evidence appraisal was provided on [MM/DD/YYYY] prior to appraisal report date of [MM/DD/YYYY]. If a creditor already has provided a copy of one version of an appraisal or other written valuation to an applicant, and the creditor later receives a revision of that appraisal or other written valuation, then the creditor also must provide the applicant with a copy of the revision to comply with ECOA § 1002.14(a)(1). Please provide evidence of the changes that were required by the appraiser as well as evidence that the revised appraisal was sent to the borrower.		Reviewer Comment (2017-04-04): SEE NEW EXCEPTION REQUESTING WAIVER. Reviewer Comment (2017-03-31): Seller has provided appraisal with a report date of [MM/DD/YYYY] as verification this was the appraisal sent to borrower 1/26/17. However verification that the borrower received the updated appraisal with a report date of [MM/DD/YYYY] has not been provided. Reviewer Comment (2017-03-28): Seller provided appraisal provided with original loan file, however evidence of borrowers receipt of appraisal with a report date of [MM/DD/YYYY] has not been provided.	04/04/2017
EXCEPTION WAIVER REQUEST. Seller is requesting waiver of exception for evidence borrower received updated appraisal with report date of [MM/DD/YYYY]		Reviewer Comment (2017-04-04): AIG has approved the waiver.			04/04/2017
Closing date was corrected via post-close re-disclosure of CD.		Reviewer Comment (2017-03-20): Letter of explanation and post-close CD dated 3/7/2017 reflects correct closing date.		03/20/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx. Data is still not accurate on subsequent CD. which reflects $xx.		Reviewer Comment (2017-03-21): Client elects to waive,			03/21/2017
Missing all required information for the HOA		Reviewer Comment (2017-03-23): Seller provided HOA information.	03/23/2017
Coverage = $xx. Estimated Cost New = $xx. Shortage = $31,850.		Reviewer Comment (2017-03-31): Seller provided evidence of 25% expanded coverage, for sufficient coverage.	03/31/2017
Affiliate Matrix indicates Lender has several affiliates. No disclosure found in file.		Reviewer Comment (2017-03-23): Seller has provided signed ABA Disclosure.	03/23/2017
		Reviewer Comment (2017-03-21): Letter of explanation provided and post-close CD dated 3/13/2017 reflects accurate amount of closing costs financed.		03/21/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201615082	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201615082	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Change - Total Payoffs	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Total Payoffs and Payments. (Final/[MM/DD/YYYY])
201615082	Compliance	Compliance	Federal Compliance	TRID Revised Loan Estimate Timing Before Closing	TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 2/23/2017 not received by borrower at least four (4) business days prior to closing. (Interim/02/23/2017)
201615082	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $125.09 exceeds tolerance of $27.00. Insufficient or no cure was provided to the borrower. (7520)
201615085	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201615085	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201615086	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201615086	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 2/7/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/02/07/2017)
201615086	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $565.00 exceeds tolerance of $465.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201619360	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Cure for (Credit Report fee) of ($98.09) was not provided. Post-close CD dated 3/13/2017 reflects a tolerance cure of $xx, however, it is insufficient to cure $98.09 and refund check was not found in file.		Reviewer Comment (2017-03-23): Seller provided verification fee was properly rounded. Letter of explanation and cure provided on PCCD supplied with original loan file reflects sufficient cure. Reviewer Comment (2017-03-23): Cured. Reviewer Comment (2017-03-23): .		03/23/2017
Erroneous Reg ID 2840. The Loan Estimate was properly rounded.		Reviewer Comment (2017-03-23): Seller provided a Letter of Explanation & Corrected PCCD.		03/23/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-03-23): Seller has provided evidence of earlier borrower receipt.	03/23/2017
Fee disclosed as ($xx) on (LE dated 01/19/17), but disclosed as ($xx) on Final Closing Disclosure. Post-close CD dated 3/13/2017 reflects a tolerance cure of $xx, however, it is insufficient to cure $98.09 and refund check was not found in file.		Reviewer Comment (2017-03-23): Seller provided verification fee was properly rounded and final settlement statement. Letter of explanation and cure provided on PCCD supplied with original loan file reflects sufficient cure.		03/23/2017
Esign consent agreement missing from file.		Reviewer Comment (2017-03-23): Seller has provided evidence of borrower’s consent to receive electronic disclosures.	03/23/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $x.		Reviewer Comment (2017-03-27): Client elects to waive.			03/27/2017
Missing evidence Your Home Loan Toolkit Disclosure was provided to applicant.		Reviewer Comment (2017-03-27): Seller provided documentation verifying the delivery of the disclosure.	03/27/2017
LE delivery date of 2/07/2017, before ESign consent of 2/27/2017, evidence of borrower’s earlier consent was not provided.		Reviewer Comment (2017-03-23): Seller has provided evidence of borrowers earlier consent.	03/23/2017
Fee disclosed as $xx on LE dated 2/7/17, but disclosed as $xx on Final Closing Disclosure. Sufficient cure was provided on Final CD.		Reviewer Comment (2017-03-21): Sufficient cure provided on Final CD.		03/21/2017
The file is missing the required fraud report for both borrowers.		Reviewer Comment (2017-03-24): Fraud report provided.	03/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201619360	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201619360	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201619360	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Phone is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201619361	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201619361	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201619361	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201619361	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201619361	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] 1040 (2016), 1120S (2016), K-1 (2016)
201619363	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201619363	Compliance	Compliance	Federal Compliance	Self Employed Financial Strength	Qualified Mortgage (Dodd-Frank 2014): Financial strength of self-employed business reflects annual earnings that significantly decline over the analysis period. ([REDACTED] [REDACTED]/Schedule C)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Borrower has been renting for the previous 4 years. Guidelines require an acceptable VOR from a management company for the previous 24 months or if renting from a private landlord, cancelled checks must be provided. The file was missing the VOR and or cancelled checks.		Reviewer Comment (2017-04-10): Seller provided bank statements verifying the last 14 months rental history. Reviewer Comment (2017-04-05): Seller has provided transaction history showing regular payments to [Redacted], but there is nothing in the file verifying that this is the management company for the borrower’s previous residence. In addition, only 14 months worth of transactions have been provided. a 24 month history is required Exception remains.	04/10/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx. ($xx paid at close and $xx before close).		Reviewer Comment (2017-03-22): Per the client’s guidance, the condition is waived.			03/22/2017
The file is missing the tax id # and email address and phone number for the HOA.		Reviewer Comment (2017-03-27): Seller provided HOA contact information.	03/27/2017
Business inception [MM/DD/YYYY]. 2014 tax returns not available.		Reviewer Comment (2017-04-07): Seller provided a response stating the 2014 business tax returns were not available as the company was incorporated 12/30/2014. Per Appendix Q, self-employment for less than 2 years is acceptable if the individual has at least two years of documented previous successful employment in the line of work in which the individual is self-employed or in a related occupation. The borrower owns 60% of another corporation in the same line of work since 2000 and there are 2 years of existence just not 2 years of business tax returns.	04/07/2017
		Reviewer Comment (2017-04-07): Seller provided a response stating the 2014 business tax returns were not available as the company was incorporated 12/30/2014. Per Appendix Q, self-employment for less than 2 years is acceptable if the individual has at least two years of documented previous successful employment in the line of work in which the individual is self-employed or in a related occupation. The borrower owns 60% of another corporation in the same line of work since 2000 and there are 2 years of existence just not 2 years of business tax returns.	04/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-21): Data was corrected on post close CD (SFIG).		03/21/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-28): All required HOA information has been provided.	03/28/2017
The file is missing the 2016 1040’s, 1120S, and K1 to satisfy the Appendix Q requirement for 2 years business tax returns since Solutions For [REDACTED] was not incorporated until 12/30/2014 and business tax returns for 2014 were not available.		Reviewer Comment (2017-04-18): The entity was created at the end of 2014. This self employed business is similar to their other existing business. The loan file contains the tax returns for 2015 and YTD P&L and Balance sheet to meet Appendix Q documentation requirements. Reviewer Comment (2017-04-11): 2016 1120S and K-1 have been received. However, the 1120S is missing the borrower’s signature. 1040’s are still missing from the file. Exception remains.	04/18/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-03-23): Seller has provided wire instructions.	03/23/2017
Self- Employment income is declining. No justification provided for use.		Reviewer Comment (2017-03-23): Seller has provided signed P&L and Balance Sheet for verification of financial strength.	03/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201619363	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201619363	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201619363	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201619363	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201619363	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201619363	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201619363	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201619367	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201619367	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,089.48 exceeds tolerance of $1,888.00 plus 10% or $2,076.80. Sufficient or excess cure was provided to the borrower at Closing. (0)
201619367	Credit	Property - Appraisal	Appraisal Data Integrity	Valuation Error: The valuation subject address does not match the Note.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing 2016 P&L and Balance Sheet.		Reviewer Comment (2017-03-23): Seller has provided signed P&L and Balance Sheet.	03/23/2017
Missing YTD P&L and Balance Sheet and 2016 P&L and Balance Sheet.		Reviewer Comment (2017-03-23): Seller has provided signed P&L and Balance Sheet.	03/23/2017
Missing YTD P&L and Balance Sheet and 2016 P&L and Balance Sheet.		Reviewer Comment (2017-03-23): Seller has provided signed P&L and Balance Sheet.	03/23/2017
Missing income documentation for Schedule C income for both borrowers.		Reviewer Comment (2017-03-23): Seller has provided signed P&L and Balance Sheet.	03/23/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-03-24): PCCD and LOE to borrower have been provided. Reviewer Comment (2017-03-23): Seller has provided a Corrected PCCD, however a letter of explanation to the borrower regarding the changes made is also required.		03/24/2017
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY].		Reviewer Comment (2017-03-24): PCCD and LOE to borrower have been provided. Reviewer Comment (2017-03-23): Seller has provided a Corrected PCCD, however a letter of explanation to the borrower regarding the changes made is also required.		03/24/2017
Missing YTD P&L and Balance Sheet and 2016 P&L and Balance Sheet.		Reviewer Comment (2017-03-23): Seller has provided signed P&L and Balance Sheet.	03/23/2017
Disclosure reflects TIP of 69.295% but calculated TIP is 69.285%. The TIP disclosed on the final CD is based on an amount that includes the seller paid prepaid interest of $xx. The calculated TIP did not include the seller paid prepaid interest. Provide a post-close CD with the corrected TIP and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-27): Client elects to waive.			03/27/2017
		Reviewer Comment (2017-03-22): Cure was provided on the final CD		03/22/2017
The property address on the Note, title, DU, purchase agreement, and homeowner’s insurance was [REDACTED]; however the appraisals and flood cert in the file identified the property address as [REDACTED]. Provide a corrected appraisal and flood cert with the address matching the note and other documentation in the file.		Reviewer Comment (2017-03-27): Appraisal reflects property also known as 2172 Peach Lane.	03/27/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201619368	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201619368	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201619368	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $750.00 exceeds tolerance of $700.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201619368	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201619368	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201619369	Compliance	Compliance	Federal Compliance	Social Security Documentation	Qualified Mortgage (Dodd-Frank 2014): Social Security income documentation insufficient. ([REDACTED] [REDACTED]/Social Security)
201619369	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201619369	Credit	Credit	Credit Documentation	Credit Report Error: Credit report is missing FICO scores.	Credit Report: Original // Borrower: [REDACTED]
201619369	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201619370	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-28): Wiring instructions have been provided. Reviewer Comment (2017-03-24): Incorrect document loaded for this condition. Please provide wiring instructions.	03/28/2017
		Reviewer Comment (2017-03-22): Letter of explanation and post-close CD dated 03/09/2017 reflect accurate seller paid fees of $xx.		03/22/2017
		Reviewer Comment (2017-03-22): Cure of $xx was provided on the final CD.		03/22/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-27): Seller has provided HOA information.	03/27/2017
The file is missing the verification of rent for the last 12 months. The file contained lease agreements for the borrowers last two rental dwellings and cancelled checks for January and February of 2017; however the verification for 02/2016-12/31/2016 was not provided. The guidelines require cancelled checks if the borrowers rent from a private landlord.		Reviewer Comment (2017-03-28): All cancelled checks have now been provided to verify rent history. Reviewer Comment (2017-03-24): Cancelled check for June 2016 rent is missing from the documentation provided. The rest is acceptable	03/28/2017
The file was missing a copy of the SSI award letter, as required by Appendix Q, for the borrower.		Reviewer Comment (2017-03-24): SSA Awards Letter provided.	03/24/2017
The file was missing a copy of the SSI award letter, as required by Appendix Q, for the borrower.		Reviewer Comment (2017-03-24): SSA Awards Letter provided.		03/24/2017
The file is missing a copy of the credit report (reference #[REDACTED]) for the borrower that was used to qualify by DU. The file did not contain a copy of any credit report for the borrower.		Reviewer Comment (2017-03-24): Seller provided credit report for borrower that was used by DU for qualifying.	03/24/2017
The borrowers paid off a non-purchase money HELOC at closing. Per the guidelines, documentation verifying there were no cumulative draws greater than $2,000 in the past 12 months is required. Provide proof there were no draws on the HELOC exceeding $2,000.00 in the last 12 months.		Reviewer Comment (2017-03-24): Seller provided HELOC history showing no draws in the last 12 months.	03/24/2017
Lender’s wiring instructions not provided.		Reviewer Comment (2017-03-24): Seller provided wiring instructions.	03/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201619370	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201619371	Compliance	Compliance	Federal Compliance	TRID Invalid Section B Combinations	TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [MM/DD/YYYY] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/[MM/DD/YYYY])
201619371	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201623824	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201623824	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201623824	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Pest Inspection Fee. Fee Amount of $35.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75155)
201623824	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $300.00 exceeds tolerance of $150.00. Insufficient or no cure was provided to the borrower. (75174)
201623824	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $20.42 exceeds tolerance of $15.00. Insufficient or no cure was provided to the borrower. (7520)
201623826	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201623826	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller CD shows seller paid fees of $xx. Final borrower’s CD shows seller paid fees of $xx.		Reviewer Comment (2017-03-22): Per the client’s guidance, the condition is waived.			03/22/2017
Section B reflects Tax Service paid to the lender. All fees paid to the lender must be disclosed in section A. The file did not contain verification that the fee is a pass through fee. Provide a post-close CD moving the fee to section A or changing the payee if the fee was a pass through and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-29): Corrected PCCD , letter of explanation to borrower and evidence CD and letter sent to the borrower have been provided.		03/29/2017
Seller paid fees on the buyers Closing Disclosure are $xx; seller paid fees on the sellers Closing Disclosure are $xx.		Reviewer Comment (2017-03-22): Per the client’s guidance, condition is waived.			03/22/2017
Seller paid fees on the buyers Closing Disclosure is $xx; seller paid fees on the sellers Closing Disclosure is $xx. Seller paid fees not listed on the borrower’s Final CD, Congestion Relief Fee $xx, Grantors Tax $xx, Delivery/Wire Fees $xx, Document Preparation $xx, Home Warranty $xx, Payoff/Release Processing $xx, Real Estate Commission Buyers Broker to Keller Williams $xx, Real Estate Commission Sellers Broker $xx, Release Tracking $xx, and Settlement Fee $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-23): Per the client’s guidance, the condition is waived.			03/23/2017
The final CD reflected a cure of $xx which was sufficient to cure the credit report and survey fee tolerances; however there is no proof of a tolerance cure for the pest inspection violation of $35.00 or a valid change of circumstance disclosure adding the fee to the initial CD dated 03/02/2017.		Reviewer Comment (2017-03-29): Seller has provided a Letter of Explanation, Proof of Delivery, and Corrected PCCD.		03/29/2017
Fee was not disclosed on Loan Estimate dated 01/30/2017. A valid change of circumstance was not provided showing the addition of the Pest Inspection Fee on the initial CD dated 03/02/2017.		Reviewer Comment (2017-03-29): Seller has provided a Letter of Explanation, Proof of Delivery, and Corrected PCCD.		03/29/2017
Survey Fee disclosed as $xx on LE dated 01/30/2017, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2017-03-23): Cure provided at closing		03/23/2017
Credit Report Fee disclosed as $xx on LE dated 01/30/2017, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2017-03-23): Cure provided at closing		03/23/2017
The file is missing the required fraud report for both borrowers.		Reviewer Comment (2017-03-27): Seller provided Fraud Report.	03/27/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-04-06): Seller provided corrected PCCD, LOE to borrower and refund check sent to borrower.		04/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201623826	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201623826	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $227.75 exceeds tolerance of $203.00 plus 10% or $223.30. Insufficient or no cure was provided to the borrower. (0)
201623826	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $500.00 exceeds tolerance of $400.00. Insufficient or no cure was provided to the borrower. (7506)
201623826	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201623829	Property	Property - Appraisal	General Appraisal Requirements	HOA State Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201623829	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201628252	Compliance	Compliance	Federal Compliance	Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing	FDPA Notification Rule: Creditor did not retain record of borrower’s receipt of Notice of Special Flood Hazard Disclosure.
201628252	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201628252	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201628253	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The final CD reflects a cure of $xx for the appraisal fee violation; however there was no cure for the 10% tolerance violation of $4.45 due to the increased recording fee.		Reviewer Comment (2017-04-11): Final Settlement statement has been provided and matches post close CD Reviewer Comment (2017-04-06): Seller provided corrected PCCD, LOE to borrower and refund check sent to borrower. However, fees and cash to/from borrower have changed since the prior CD; please provide final settlement statement verifying that the PCCD reflects how the loan closed.		04/11/2017
$4.45 tolerance violation due to increase in recording fees. The recording fees increased to $175.00 on the final CD from $150.00 on all previous CD’s and LE’s in file.		Reviewer Comment (2017-04-11): Post close CD and final settlement statement reflect loan closed with recording fees of $51. Tolerance violation no longer exists.	04/11/2017
		Reviewer Comment (2017-03-23): Final CD reflects $100 Lender Credit for tolerance cure.		03/23/2017
		Reviewer Comment (2017-03-27): Seller has provided evidence of borrower’s consent to receive electronic disclosures.	03/27/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-24): Seller notice of intent to rerecord without PUD Rider has been received. Reviewer Comment (2017-04-17): DU findings have been provided. Still missing revised security instrument without PUD Rider and evidence PUD Rider not recorded. Reviewer Comment (2017-04-13): Appraiser states that there is no HOA fee. Provide evidence property is not in a PUD and, if this is the case, change DU to reflect single family and provide evidence security instrument was revised to remove PUD Rider and recorded without PUD Rider.	04/24/2017
Seller paid fees reflected as $xx on Borrower Final CD, but reflected as $xx on Seller CD.		Reviewer Comment (2017-03-23): Per the client’s guidance, the condition is waived.			03/23/2017
The file was missing the executed copy of the Notice of Special Flood Hazard Disclosure. The disclosure in the file was not executed.		Reviewer Comment (2017-04-06): Seller provided Notice to Borrower in Special Flood Hazard area signed on 1/23/17. Reviewer Comment (2017-04-04): The notice provided was signed post close. Provide evidence it was provided to the borrower when created on 1/20/17. Reviewer Comment (2017-04-04): . Reviewer Comment (2017-03-28): Notice to Borrower in Flood Hazard Area must be signed by the borrower. Exception remains.	04/06/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx. Data is still not accurate on subsequent CD which reflects $xx. ($xx paid at close + $xx paid before close)		Reviewer Comment (2017-03-24): Per the client’s guidance, the condition is waived.			03/24/2017
Per the guidelines, First time home buyers must have a satisfactory 24 month rental payment history documented. First time home buyers living rent free are not eligible and is an exception to the guidelines.		Reviewer Comment (2017-03-30): VOR’s for 2 previous residences have been provided to document over 24 month history of satisfactory rental payments. Reviewer Comment (2017-03-28): Rental history for 1 year 8 months provided. Provide rent verification for [REDACTED] for a full two year history of satisfactory rental payment.	03/30/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. The date was not corrected on the post-close CD issued 03/06/2017. Provide a post-close CD with the correct closing date and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-31): Seller provided corrected post close CD, LOE to borrower and evidence letter and CD were delivered via e-mail.		03/31/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201628253	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $232.00 exceeds tolerance of $200.00 plus 10% or $220.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201628253	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201628253	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201628253	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201628254	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201628254	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201628256	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201628256	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,125.00 exceeds tolerance of $800.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201628256	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201628257	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-24): Cure provided on the final CD.		03/24/2017
Seller’s CD reflect $xx. Borrower’s CD reflects $xx. Data is still not accurate on subsequent CD which reflects $xx.		Reviewer Comment (2017-03-24): Per the client’s guidance, the condition is waived.			03/24/2017
Hazard insurance amount of $xx (includes additional coverage of $xx) is insufficient to cover the loan amount of $xx or appraisal replacement cost of $xx. Provide documentation verifying the insurance policy contains guaranteed replacement cost or additional coverage.		Reviewer Comment (2017-03-28): Seller provided Replacement Cost Estimate verifying existing coverage is sufficient.	03/28/2017
The file is missing the required fraud report for both borrowers.		Reviewer Comment (2017-03-28): Seller has provided fraud report.	03/28/2017
Final CD reflects closing date of [MM/DD/YYYY], vs actual consummation date of [MM/DD/YYYY].		Reviewer Comment (2017-03-23): Post Close CD and Letter of explanation to borrower dated 3/16/2017 are provided in the file, which correct the closing date to 3/7/2017.		03/23/2017
Subsequent CD reflects disbursement date of [MM/DD/YYYY] and per diem interest is also corrected. However, no evidence in file of Letter of Explanation for this issue, Proof of Delivery, and Re-opening of Rescission using the correct model form		Reviewer Comment (2017-03-24): Post Close CD and Letter of Explanation dated 3/16/2017 were provided to borrower, noting the actual disbursement date was [MM/DD/YYYY].		03/24/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-28): Seller has provided wire instructions.	03/28/2017
		Reviewer Comment (2017-03-23): Sufficient cure provided on Final CD.		03/23/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx.		Reviewer Comment (2017-03-24): Per the client’s guidance, the condition is waived.			03/24/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-04): Seller provided LOE and refund check sent to borrower accounting for the $25 difference between the CD and the settlement statement. Reviewer Comment (2017-03-31): Settlemet statement provided on 3/30 does not match CD provided on 3/27. CD shows lender credit of $705 and cash to borrower of $599.37; Settlement statement shows lender credit of $680 and cash to borrower of $574.37. Provide corrected post close CD that matches the final settlement statement. Exception remains. Reviewer Comment (2017-03-30): Seller CD was provided however, due to the reduction in the Courier, Endorsement, Sub-Escrow, Recording fees and Prepaids please provide the final Settlement statement to verify the loan funded as reflected on the PCCD and no refund is due to the borrower. Reviewer Comment (2017-03-28): Seller has provided a Letter of Explanation and Corrected PCCD. Please provided the final settlement statement to verify loan as it funded, as PCCD reflects lowered closing costs to the borrower.		04/04/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201628257	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201628257	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201628258	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201628258	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201628258	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of 7.53 is less than Guideline PITIA months reserves of 9.00.
201628261	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201628261	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201628261	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201628261	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201628261	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $625.00 exceeds tolerance of $525.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the seller’s CD.		Reviewer Comment (2017-03-28): Seller CD was provided.	03/28/2017
Per the client’s guidance, condition is waived.		Reviewer Comment (2017-03-28): Per the client’s guidance, condition is waived.			03/28/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-28): Seller has provided wire instructions.	03/28/2017
Missing all required information for the HOA.		Reviewer Comment (2017-03-28): Seller has provided all required HOA information.	03/28/2017
DU indicates $28,208.43 funds from borrower’s retirement account were used for qualifying. The documentation for the retirement account was not provided in the file.		Reviewer Comment (2017-03-28): Seller has provided 2 months retirement statements.	03/28/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-28): Seller has provided wire instructions.	03/28/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-24): Per the client’s guidance, the condition is waived.			03/24/2017
Missing all required HOA information.		Reviewer Comment (2017-03-28): Seller has provided all required HOA information.	03/28/2017
The Title- Binder, Title-Closing Protection Letter, Title-Insurance/Lenders, and the Title-Search/Abstract fees disclosed in section B were payable to a provider that was not listed on the Settlement Service Providers List and are required to be disclosed in section C. Provide a post-close CD moving the fees to the correct section and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-03-28): Seller has provided a Letter if Explanation, Corrected PCCD and Proof of Delivery.		03/28/2017
		Reviewer Comment (2017-03-24): Cure provided on the final CD.		03/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201628261	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $32.92 exceeds tolerance of $15.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201628262	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201628262	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201628262	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201628262	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201628262	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201628262	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201628262	Credit	Credit	Credit Calculation / Analysis	Guideline Requirement: Representative FICO score discrepancy.	Representative FICO score of          is less than Guideline representative FICO score of         .
201628262	Credit	Credit	Misc	Credit Exception:
201628262	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: Representative FICO score discrepancy.	Representative FICO score of          is less than AUS representative FICO score of         .

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-24): Cure provided on the final CD		03/24/2017
Esign consent agreement missing from file.		Reviewer Comment (2017-03-29): Seller has provided evidence of borrower’s consent to receive electronic disclosures.	03/29/2017
The file was missing a copy of the Home Loan Toolkit disclosure or proof the borrowers received a copy of the disclosure		Reviewer Comment (2017-03-29): Seller has provided evidence Home Loan Toolkit disclosure was provided to borrower.	03/29/2017
Evidence of earlier borrower receipt was not found in file. The only CD in the file was the final CD with an issue date of 03/14/2017.		Reviewer Comment (2017-04-03): Seller provided the correct initial CD and evidence it was sent to the borrowers Reviewer Comment (2017-03-29): Seller provided initial CD for incorrect borrower. Please provided correct initial CD.	04/03/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-24): Per the client’s guidance, the condition is waived.			03/24/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-06): Seller has provided all required HOA information Reviewer Comment (2017-04-03): Mailing address for the HOA and e-mail address for the HOA contact person are still missing.	04/06/2017
Per the first time home buyer guidelines, a 24 month satisfactory rental history is required to be verified with a VOR and cancelled checks if the borrowers rent from a private landlord. The file contained 14 months cancelled checks and a VOR to verify rental history from 01/01/2016 to 02/01/2017. Provide the additional 10 months required to meet the guidelines.		Reviewer Comment (2017-03-29): See new exception requesting waiver.	03/29/2017
Per the guidelines, the minimum allowable credit score for a first time home buyer is 740. The borrowers qualifying score was 734. Per the final 1003 both borrowers are first time home buyers.		Reviewer Comment (2017-03-29): See new exception requesting waiver.	03/29/2017
AIG EXCEPTION WAIVER REQUEST for a full 24 month satisfactory rental history verified per VOR and cancelled checks. The file contained 14 months cancelled checks and a VOR to verify rental history from 01/01/2016 to 02/01/2017. VOR from private landlord, reflects tenants rented since 6/2015, however checks were not provided.	22.09% DTI on this Full documentation loan < 38% guideline max - 15.91% below program guideline maximum 41.59 months reserves > 12 months guideline minimum - borrowers have verified reserves of $155,410.19	Reviewer Comment (2017-07-26): Client elects to waive the requirement for the full 24 month Rental history. File contains 14 months and a VOR. Reviewer Comment (2017-07-26): adding comp factors. Reviewer Comment (2017-04-06): AIG has approved waiver for this exception. TD 4/4/17			07/26/2017
AIG EXCEPTION WAIVER REQUEST for the minimum allowable credit score for a first time home buyer is 740. The borrowers qualifying score was 734. Per the final 1003 both borrowers are first time home buyers.	22.09% DTI on this Full documentation loan < 38% guideline max - 15.91% below program guideline maximum 41.59 months reserves > 12 months guideline minimum - borrowers have verified reserves of $155,410.19	Reviewer Comment (2017-07-26): Client elects to waive the requirement for the FICO score of 740. Borrower Score is 734. Reviewer Comment (2017-07-26): adding comp factors. Reviewer Comment (2017-04-06): AIG has approved waiver for this exception. TD 4/4/17			07/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201628263	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201628263	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201628263	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $825.00 exceeds tolerance of $475.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201628263	Credit	Credit	Misc	Credit Exception:
201628264	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201628264	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201634765	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201634765	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201634765	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Demand Feature	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan contains a Demand Feature. (Final/[MM/DD/YYYY])
201634765	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $550.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Data is still not accurate on subsequent CD.		Reviewer Comment (2017-03-30): Seller provided letter to borrower explaining changes. Reviewer Comment (2017-03-29): Seller has provided a Corrected PCCD, however a letter of explanation to the borrower as to the changes made is also required.		03/30/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx. Data is still not accurate on subsequent CD.		Reviewer Comment (2017-03-24): Per the client’s guidance, the condition is waived.			03/24/2017
		Reviewer Comment (2017-03-24): Cure provided on the final CD		03/24/2017
Hazard insurance dec page shows property location and insured address as [REDACTED]. Correct address is [REDACTED]. Provide corrected dec page showing corrected address in both Insured and location/description fields.		Reviewer Comment (2017-04-04): Seller has provided corrected HOI dec page.	04/04/2017
The lender’s wiring instructions were not provided in the file.		Reviewer Comment (2017-03-31): Seller provided wiring instructions.	03/31/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-24): Per the client’s guidance, the condition is waived.			03/24/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-29): Seller has provided wire instructions.	03/29/2017
Subsequent CD reflects disbursement date of [MM/DD/YYYY]; however the file did not contain a copy of the letter of explanation sent to the borrower disclosing the changes..		Reviewer Comment (2017-03-29): Seller has provided a Letter of Explanation for Corrected PCCD submitted with loan file.		03/29/2017
Data field is blank. Data is corrected on the post-close CD dated 03/15/2017; however the file did not contain a copy of the letter of explanation sent to the borrower disclosing the changes.		Reviewer Comment (2017-03-29): Seller has provided a Letter of Explanation for Corrected PCCD submitted with loan file.		03/29/2017
		Reviewer Comment (2017-03-27): Lender gave borrower $50 credit at close.		03/27/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201634765	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: Occupancy discrepancy.	Property occupancy of Primary does not match Guideline property occupancy of Primary.
201634767	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201634767	Compliance	Compliance	Federal Compliance	FACTA Disclosure Missing	FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure.
201634767	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
201634767	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201634767	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201634767	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201634767	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201634770	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201634770	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Per the documentation in the file, the borrowers rent out a unit of the subject property. The appraiser does not make mention of a second unit or accessory unit or of any tenant occupying the property. Provide a letter of explanation addressing the unit being rented and provide any additional documentation regarding the rental income. Note: the file contained a letter of explanation from the borrowers explaining why the schedule E was filed.		Reviewer Comment (2017-03-31): Seller provided a response stating they looked at the schedule E income like room rent and did not include any rents in the calc. Yes the main house is occupied by the borrowers and is certainly a primary residence. The “studio” that is generating room rents is not a legal second unit but 2 of the comps included in the appraisal have a similar amenity so it was not required to be backed out. This income was again not included and looked at as room rent. Also, the appraiser did not include the studio in the GLA and identified the property as being legally zoned.	03/31/2017
Missing all required information for the HOA		Reviewer Comment (2017-04-03): Seller has provided all required HOA information. Reviewer Comment (2017-03-30): Seller provided updated appraisal with PUD neighborhood information completed, but this is insufficient to clear this exception. Required data consists of: Name, address and tax ID of the association, name, phone number and e-mail address of a contact at the HOA and status of dues for the subject property. Exception remains.	04/03/2017
The file was missing a copy of the FACTA credit score disclosure provided to the borrowers.		Reviewer Comment (2017-03-29): Seller provided evidence FACTA credit score disclosure was provided to the borrowers.	03/29/2017
Missing executed Offer Letter or Contract, only 1 pay stub with 1 weeks earnings provided and no start date was verified. Per the Lender approval in file, an Offer Letter was provided at underwrite.		Reviewer Comment (2017-04-06): Seller provided fully executed letter of offer and acceptance in TD 4/5/17 Reviewer Comment (2017-04-03): Unsigned offer letter provided. Fully executed copy required. Exception remains. Reviewer Comment (2017-03-29): Seller has provided the offer letter, however per guidelines letter is to be executed. Please provide signed offer letter.	04/06/2017
The file was missing proof of the borrowers consent to receive electronic disclosures.		Reviewer Comment (2017-03-29): Seller provided borrowers consent to receive electronic disclosures.	03/29/2017
		Reviewer Comment (2017-03-27): Per the client’s guidance, the condition is waived.			03/27/2017
The file was missing a copy of the lease agreement or rental agreement for the property located at [REDACTED], as required by appendix Q. Rental income was used to qualify.		Reviewer Comment (2017-04-24): No longer applicable. Rental income not being used to qualify. Reviewer Comment (2017-04-19): Documentation provided is not sufficient to clear this exception. It does not meed requirments of Appendix Q. Reviewer Comment (2017-04-12): Seller provided documentation indicating that the property is a short term rental, however this does not satisfy the requirement of Appendix Q. Please provide documentation (via property management company, Contracts for short term rentals, etc.) that qualify as lease agreements for the properties. Reviewer Comment (2017-03-29): Seller has provided tax returns/transcripts however per Appendix Q a lease is required for [REDACTED].	04/24/2017
The file was missing a copy of the lease agreement or rental agreement for the property located at [REDACTED], as required by appendix Q. Rental income was used to qualify.		Reviewer Comment (2017-04-25): Seller provided updated documentation removing the rental income. Reviewer Comment (2017-04-19): Documentation provided does not meet requirements of Appendix Q. Reviewer Comment (2017-04-12): Seller provided documentation indicating that the property is a short term rental, however this does not satisfy the requirement of Appendix Q. Please provide documentation (via property management company, Contracts for short term rentals, etc.) that qualify as lease agreements for the properties. Reviewer Comment (2017-03-29): Seller has provided tax returns/transcripts however per Appendix Q a lease is required for [REDACTED].	04/25/2017
Cure for various 0% and 10% tolerance violations $77.50 was not provided. The file was missing valid change of circumstance disclosures for the addition of the desk review fee and the increase in recording fees.		Reviewer Comment (2017-03-31): Seller has provided a Letter of Explanation & Corrected PCCD. Reviewer Comment (2017-03-30): Seller has provided a Corrected PCCD and the Final Settelement Statement, however a letter of explanation to the borrower regarding the changes made is also required.		03/31/2017
The file was missing proof the borrowers received a copy of the Your Home Loan Toolkit Disclosure.		Reviewer Comment (2017-03-30): Seller provided evidence Your Home Loan Toolkit Disclosure was provided to applicant.	03/30/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201634770	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201634770	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $200.00 exceeds tolerance of $125.00 plus 10% or $137.50. Insufficient or no cure was provided to the borrower. (0)
201634770	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201634770	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $15.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7505)
201634771	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201634771	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $277.00 exceeds tolerance of $250.00 plus 10% or $275.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201634772	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201634772	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201634772	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $700.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201634772	Credit	Loan Package Documentation	Application / Processing	Missing Document: Tax Certificate not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID Non Compliant: Seller paid fees on Sellers’ Closing Disclosure are not consistent with those reflected on the Borrowers Final Closing Disclosure. Sellers CD fees total $xx while Borrowers CD seller fees total $xx		Reviewer Comment (2017-03-28): Per the client’s guidance, the condition is waived.			03/28/2017
$62.50 violation due to increase in recording fee. No evidence of cure. The file is missing the Change of Circumstance disclosure for the increased recording fees ($125.00 on LE’s to $200.00) on the initial CD issued 03/01/2017.		Reviewer Comment (2017-03-31): Seller has provided a Letter of Explanation, Corrected PCCD and Final Settlement Statement. Reviewer Comment (2017-03-30): Seller has provided a Corrected PCCD and the Final Settelement Statement, however a letter of explanation to the borrower regarding the changes made is also required.		03/31/2017
The file is missing documentation verifying the lender’s ATR/QM status.		Reviewer Comment (2017-03-30): Seller has provided Compliance Report.	03/30/2017
Fee was not disclosed on the initial Loan Estimate. The file is missing the Change of Circumstance disclosure for the addition of Desk Review Fee for $15.00 on the revised LE issued 02/08/2017.		Reviewer Comment (2017-03-30): Seller provided a valid COC for the addition of Desk Review Fee.	03/30/2017
Data was corrected on subsequent CD, with a LOE provided to the borrower. However, seller paid fees are $xx and Seller’s CD reflects $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-28): Per the client’s guidance, the condition is waived.			03/28/2017
		Reviewer Comment (2017-03-28): Cure was provided on the final CD		03/28/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-30): Seller has provided wire instructions.	03/30/2017
		Reviewer Comment (2017-06-12): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower. Reviewer Comment (2017-06-12): seller provided document after exception was waived. Reviewer Comment (2017-03-28): Per the client’s guidance, the condition is waived.		06/12/2017
		Reviewer Comment (2017-03-28): Cure was provided at closing.		03/28/2017
Per the appraisal, the subject property was originally built in 1914, was razed and re-built, and is now new construction on the original foundation. The property taxes used to qualify were based on the unimproved land. Per the guidelines, the loan must be qualified based on the “anticipated monthly housing expense”. Provide documentation verifying the estimated amount of property taxes based off the improved property.	35.64% DTI on this (Full) documentation loan < 43% guideline max	Reviewer Comment (2017-06-14): Client elects to waive.			06/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201634773	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201634773	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201634778	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201634778	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201634778	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201634778	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201634779	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201634779	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $725.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201634779	Credit	Credit	Misc	Credit Exception:
201634779	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing the required fraud report for the borrower.		Reviewer Comment (2017-03-30): Seller has provided Fraud Report.	03/30/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-30): Seller has provided wire instructions.	03/30/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-30): Seller has provided wire instructions.	03/30/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-04-04): Seller provided post close CD, LOE to borrower and evidence CD and letter sent to the borrower. Reviewer Comment (2017-03-30): Seller has provided a Corrected PCCD, however a letter of explanation to the borrower regarding the change made is also required. Please also provided the final settlement statement to verify fees as loan funded due to reduced closing costs on the PCCD.		04/04/2017
The file is missing a copy of the seller’s closing disclosure.		Reviewer Comment (2017-03-30): Seller CD has been provided.	03/30/2017
		Reviewer Comment (2017-03-30): Per the client’s guidance, condition is waived.			03/30/2017
The file is missing a copy of the seller’s closing disclosure.		Reviewer Comment (2017-03-30): Seller’s CD has been provided.	03/30/2017
Appraisal Fee disclosed as $xx on LE dated 02/21/2017, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2017-03-29): Cure provided on the final CD		03/29/2017
Provide fully executed Certification of Trust.		Reviewer Comment (2017-03-31): Fully executed Certificate of Trust has been provided.	03/31/2017
The file is missing a copy of the lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-03-31): Lease was provided.	03/31/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201634779	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201634780	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201634780	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201634780	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201634780	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $575.00 exceeds tolerance of $550.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201634780	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $53.12 exceeds tolerance of $47.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201634782	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201634782	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201634782	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201634782	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a copy of the lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-03-31): Lease was provided.		03/31/2017
A copy of the lender’s wiring instructions are required and were not provided.		Reviewer Comment (2017-03-30): Seller has provided wire instructions.	03/30/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-04): Seller rovided PCCD, LOE and evidence docs sent to the borrower.		04/04/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-28): Per the client’s guidance, the condition is waived.			03/28/2017
		Reviewer Comment (2017-03-28): Cure provided on the final CD.		03/28/2017
		Reviewer Comment (2017-03-28): Cure provided on the final CD.		03/28/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-30): Seller has provided wire instructions.	03/30/2017
The file was missing proof the Your Home Loan Toolkit Disclosure was delivered to the borrower.		Reviewer Comment (2017-03-30): Seller has provided wire instructions.	03/30/2017
The file was missing the required HOA information.		Reviewer Comment (2017-05-03): HOA information has been provided. Per client, OK to clear without e-mail address. Reviewer Comment (2017-04-17): Still missing are the name and e-mail address of a contact person at the HOA and (if available) the tax ID for the HOA.. Please note: This information does not have to be incorporated into the appraisal; a processor’s cert with the information will suffice.	05/03/2017
		Reviewer Comment (2017-03-28): Per the client’s guidance, the condition is waived.			03/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201639385	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide “Right to Receive a Copy” appraisal disclosure to applicant within three (3) business days of application or determination of first lien status.
201639385	Compliance	Compliance	Federal Compliance	RESPA Servicing Disclosure: Servicing Disclosure Statement Not Provided Within 3 Business Days of Application	RESPA Servicing Disclosure Rule: Creditor did not provide Servicing Disclosure Statement to applicant within three (3) business days of application.
201639385	Compliance	Compliance	Federal Compliance	RESPA Disclosure - List of Homeownership Counseling Organizations Missing	RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.
201639385	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Timing	TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial/01/20/2017)
201639385	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201639385	Compliance	Compliance	Federal Compliance	TRID Service Provider Timing	TILA-RESPA Integrated Disclosure: Borrower did not receive a list of service providers within 3 business days of application.
201639385	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201639385	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201639385	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of 13.22 is less than Guideline PITIA months reserves of 15.00.
201639386	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The earliest LE in the file was dated 01/20/2017; however the application date is [MM/DD/YYYY]. The file did not contain a copy of the Right to Receive a Copy of the appraisal disclosure within 3 business days of the application date.		Reviewer Comment (2017-03-31): Seller has provided evidence “Right to Receive a Copy” appraisal disclosure was provided to applicant within three (3) business days of application.	03/31/2017
The earliest LE in the file was dated 01/20/2017; however the application date is [MM/DD/YYYY]. The file did not contain a copy of the RESPA Servicing Disclosure within 3 business days of the application date.		Reviewer Comment (2017-03-31): Seller has provided the initial LE date 4/27/2016.	03/31/2017
The file was missing a copy of the List of Homeownership Counseling Organizations disclosure.		Reviewer Comment (2017-03-31): Seller has provided evidence List of Homeownership Counseling Organizations was provided to borrower.	03/31/2017
The earliest LE in the file was dated 01/20/2017; however the application date is [MM/DD/YYYY]. Provide a copy of the initial LE issued within 3 business days of the application date.		Reviewer Comment (2017-03-31): Seller has provided the initial LE date 4/27/2016.	03/31/2017
Seller closing disclosure reflects seller paid fees of $xx. Seller paid fees per Final Closing Disclosure of $xx.		Reviewer Comment (2017-03-29): Per the client’s guidance, the condition is waived.			03/29/2017
The list of service providers disclosure in the file was dated 03/14/2017; however the application date is [MM/DD/YYYY]. Provide a copy of the SSPL within 3 business days of the application date.		Reviewer Comment (2017-03-31): Seller has provided service providers list dated within 3 business days of application.	03/31/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-31): Seller has provided wire instructions.	03/31/2017
The file was missing all of the required HOA information.		Reviewer Comment (2017-03-31): Seller has provided all required HOA information.	03/31/2017
The borrowers were required to verify 15 months of reserves, 9 months for the subject and 6 months for the additional mortgaged property owned, the reserves verified were 13.22 months. The file was missing documentation verifying the retirement account identified on the DU with a balance of $31,065.67.		Reviewer Comment (2017-04-04): Seller provided LOE clarifying accounts. Borrower has sufficient reserves. Reviewer Comment (2017-03-31): Seller has provided retirement account that was submitted with original loan file. Missing the statement for the retirement account with a qualifying balance of $31,065.67.	04/04/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-31): Seller has provided wire instructions.	03/31/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201639386	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201639386	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower:[REDACTED] VVOE
201639387	Compliance	Compliance	Federal Compliance	Wages Documentation	Qualified Mortgage (Dodd-Frank 2014): Wages / W-2 income documentation not sufficient. ([REDACTED] [REDACTED]/Wages)
201639387	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Income and Assets - Wages	Ability to Repay (Dodd-Frank 2014): Unable to verify Wages/W-2 income using reasonably reliable third-party records. ([REDACTED] [REDACTED]/Wages)
201639387	Compliance	Compliance	Federal Compliance	NonQM ATR	Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied.
201639387	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Fail.
201639387	Compliance	Compliance	Federal Compliance	RESPA Servicing Disclosure: Servicing Disclosure Statement Not Provided Within 3 Business Days of Application	RESPA Servicing Disclosure Rule: Creditor did not provide Servicing Disclosure Statement to applicant within three (3) business days of application.
201639387	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201639387	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Timing	TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial/05/03/2016)
201639387	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $550.00 exceeds tolerance of $485.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller’s CD shows $xx, final CD shows $xx		Reviewer Comment (2017-03-29): Per the client’s guidance, the condition is waived.			03/29/2017
The VVOE from The Work Number for the borrower was dated 03/07/2017; however the information was current as of 11/23/2016. Per the guidelines, if the verbal verification of employment is provided by a third party and dated within ten days, however the “information current as-of” date on the verification is older than 35 days, updated verification documentation must be provided. Provide an updated VVOE for the borrower.		Reviewer Comment (2017-04-05): Seller has provided a verbal VOE dated same as notary date confirming borrower ’s current employed status.	04/05/2017
The file was missing a copy of the co-borrower’s pay stub for current employer as required by the guidelines. The file contained a copy of the offer letter confirming the co-borrower’s salary and a VVOE confirming the co-borrower’s start date of 03/06/2017.		Reviewer Comment (2017-04-10): Seller provided sufficient documentation to meet the guideline and Appendix Q requirement. Reviewer Comment (2017-03-31): Seller has provided a post close pay stub, due to information provided being post close a Written VOE prior to close date would be required to satisfy Appendix Q/ATR requirements.	04/10/2017
The file was missing a copy of the co-borrower’s pay stub for current employer as required by the guidelines. The file contained a copy of the offer letter confirming the co-borrower’s salary and a VVOE confirming the co-borrower’s start date of 03/06/2017.		Reviewer Comment (2017-04-10): Seller provided sufficient documentation to meet the guideline and Appendix Q requirement. Reviewer Comment (2017-03-31): Seller has provided a post close pay stub, due to information provided being post close a Written VOE prior to close date would be required to satisfy Appendix Q/ATR requirements.	04/10/2017
The file was missing a copy of the co-borrower’s pay stub for current employer as required by the guidelines. The file contained a copy of the offer letter confirming the co-borrower’s salary and a VVOE confirming the co-borrower’s start date of 03/06/2017.		Reviewer Comment (2017-04-10): Seller provided sufficient documentation to meet the guideline and Appendix Q requirement. Reviewer Comment (2017-03-31): Seller has provided a post close pay stub, due to information provided being post close a Written VOE prior to close date would be required to satisfy Appendix Q/ATR requirements.	04/10/2017
The file was missing a copy of the co-borrower’s pay stub for current employer as required by the guidelines. The file contained a copy of the offer letter confirming the co-borrower’s salary and a VVOE confirming the co-borrower’s start date of 03/06/2017.		Reviewer Comment (2017-04-14): Bonus income for borrower documented and added to income. DTI is now 35.24 and loan designation is Safe Harbor QM. Reviewer Comment (2017-04-10): The seller provided proof the departure residence was refinanced. The DTI is calculated at 43.23%. The difference appears to be the income used on DU for the borrower’s base income was $14,104.24 per month; however per the pay stubs verified $13,019.30 ($6,509.65 semi-monthly). It appears the seller’s calculation qualified the borrowers base income as bi-weekly and not semi-monthly. Reviewer Comment (2017-03-31): Seller has provided a post close pay stub, due to information provided being post close a Written VOE prior to close date would be required to satisfy Appendix Q/ATR requirements.		04/14/2017
The Servicing Disclosure Statement was included on the earliest LE in the file dated 05/03/2016. The file was missing a copy of the initial LE dated within three business days of the application date of [MM/DD/YYYY].		Reviewer Comment (2017-03-31): Seller has provided initial LE dated 3/7/16, Servicing Disclosure Statement was provided to applicant within three (3) business days of application.	03/31/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-29): Per the client’s guidance, the condition is waived.			03/29/2017
Earliest LE in file is dated 05/03/2016. Per the Disclosure tracking document in file an initial LE was provided on 3/7/2016. The file was missing a copy of the initial LE dated within three business days of the application date of [MM/DD/YYYY].		Reviewer Comment (2017-03-31): Seller has provided initial LE dated 3/7/16.	03/31/2017
		Reviewer Comment (2017-03-29): Cure provided on the final CD.		03/29/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201639387	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $100.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75103)
201639387	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $66.40 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201639387	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $65.80 exceeds tolerance of $63.00. Sufficient or excess cure was provided to the borrower at Closing. (8304)
201639387	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201639387	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201639387	Credit	Credit	Misc	Credit Exception:
201639387	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: Property type discrepancy.
201639387	Credit	Property - Appraisal	Appraisal Documentation	Missing Document: Final Inspection / 442 not provided
201639387	Credit	Borrower and Mortgage Eligibility	Mortgage / Program Eligibility	AUS Findings: Investor qualifying total debt ratio discrepancy.
201639387	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Investor Guidelines	Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-03-29): Cure provided on the final CD.		03/29/2017
		Reviewer Comment (2017-03-29): Cure provided on the final CD.		03/29/2017
		Reviewer Comment (2017-03-29): Cure provided on the final CD.		03/29/2017
Missing all required HOA information.		Reviewer Comment (2017-04-12): Seller provided corrected Deed removing PUD Rider and attestation that it will be recorded without the PUD Rider. Reviewer Comment (2017-04-06): Per title company, property is a metro district, not a PUD. However a PUD Rider was executed at closing. Provide evidence that the security instrument was recorded without the PUD Rider. Reviewer Comment (2017-04-04): Clarification required: If property is not in a PUD, why is there a PUD Rider? If property is truly not in a PUD, evidence mortgage was recorded without the rider and corrected DU findings will be required. If it is a PUD with no dues, further information may be required. Reviewer Comment (2017-03-31): Seller comments state there is not HOA for this property. However the title, AUS and Mortgage Rider identify the property as a PUD. Please provided HOA information.	04/12/2017
The file is missing a copy of the Lender’s Wiring Instructions.		Reviewer Comment (2017-03-31): Seller has provided wire instructions.	03/31/2017
The file is missing the final CD or Seller Closing Statement to evidence borrower’s current residence sold and source of funds.		Reviewer Comment (2017-04-10): The seller provided documentation that the departure residence was refinanced and not sold. The new PITI was included in the DTI. Reviewer Comment (2017-04-04): Seller provided documentation of a refinance of the property at 5864 South Taft Court. Adding this property PITI of $1,791.73 causes the borrower’s DTI to exceed 43% Reviewer Comment (2017-03-31): Seller has provided a CD for the borrowers current primary evidencing a refinance 4/2016. However verification this property is sold has not been property.	04/10/2017
The appraisal identified the subject property as a Single Family Dwelling; however the AUS, title, and Deed of Trust identified the subject property as a PUD. Provide an updated appraisal report identifying the subject as a PUD.		Reviewer Comment (2017-04-19): Seller provided corrected AUS findings and security instrument removing PUD Rider. Letter of Intent stating intention to re-record Deed of Trust without the PUD Rider. Reviewer Comment (2017-04-14): AUS income and DTI have been corrected; however, findings still reflect property is a PUD. Correct property type on AUS and title and evidence mortgage recorded without PUD Rider is required. Reviewer Comment (2017-04-06): Seller has confirmed property is in a municipal district, not a PUD. Provide corrected AUS, title.	04/19/2017
The file is missing a copy of the 442 completion certificate.		Reviewer Comment (2017-03-31): Seller has provided Completion Report.	03/31/2017
With PITI on [REDACTED], DTI exceeds 43%. Please verify that this property was not sold and provide source of funds used for closing.		Reviewer Comment (2017-04-14): Bonus income for borrower documented and is being used to qualify. DTI is now 35.24%. Funds verified. Reviewer Comment (2017-04-10): The seller provided proof the departure residence was refinanced. The DTI is calculated at 43.23%. The difference appears to be the income used on DU for the borrower’s base income was $14,104.24 per month; however per the pay stubs verified $13,019.30 ($6,509.65 semi-monthly). It appears the seller’s calculation qualified the borrowers base income as bi-weekly and not semi-monthly.	04/14/2017
The file was missing proof the departure residence located at [REDACTED] was sold. The PITI for this property was included in the liabilities and the DTI is > 43%. Provide a copy of the HUD or CD from the sale of the property.		Reviewer Comment (2017-04-14): Bonus income for borrower documented and is being used to qualify. DTI is now 35.24%. Reviewer Comment (2017-04-10): The seller provided proof the departure residence was refinanced. The DTI is calculated at 43.23%. The difference appears to be the income used on DU for the borrower’s base income was $14,104.24 per month; however per the pay stubs verified $13,019.30 ($6,509.65 semi-monthly). It appears the seller’s calculation qualified the borrowers base income as bi-weekly and not semi-monthly.	04/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201639387	Compliance	Compliance	Federal Compliance	QM DTI	Qualified Mortgage (Dodd-Frank 2014): Total Debt to Income Ratio exceeds 43% and the images do not provide evidence loan is eligible for purchase, guarantee or insurance by the appropriate agency.
201639388	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201639388	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201639388	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201639388	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201639391	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201639391	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201639392	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
201639392	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201639393	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The seller provided proof the departure residence was refinanced. The DTI is calculated at 43.23%. The difference appears to be the income used on DU for the borrower’s base income was $14,104.24 per month; however per the pay stubs verified $13,019.30 ($6,509.65 semi-monthly). It appears the seller’s calculation qualified the borrowers base income as bi-weekly and not semi-monthly.		Reviewer Comment (2017-04-14): Base income corrected. Bonus income for borrower documented and is being used to qualify. DTI is now 35.24.	04/14/2017
The file is missing a copy of the required fraud report.		Reviewer Comment (2017-03-31): Seller has provided Fraud Report.	03/31/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-03-31): Seller provided wire instructions.	03/31/2017
File contains a post consummation CD dated 3/14/2017 with the closing date correct as [MM/DD/YYYY]; however, the required Letter of Explanation to the borrower was not found in the file.		Reviewer Comment (2017-03-31): Seller provided a Letter of Explanation for the PCCD submitted with original loan file.		03/31/2017
The seller paid fees were corrected on the post-close CD; however a copy of the required letter of explanation sent to the borrower disclosing the changes was not provided.		Reviewer Comment (2017-03-31): Seller provided a Letter of Explanation for the PCCD submitted with original loan file.		03/31/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-03): Seller provided corrected PCCD, LOE and refund check sent to borrower and evidence letter and check sent to the borrowers.		04/03/2017
		Reviewer Comment (2017-03-29): Per the client’s guidance, the condition is waived.			03/29/2017
The final CD reflects a negative fee for (Application Deposit Credit) in Section (H). This is TRID non-compliant.		Reviewer Comment (2017-04-10): Corrected PCCD has been provided along with cover letter and evidence docs sent to the borrowers. Reviewer Comment (2017-04-06): Post close CD provided addresses the issue of the negative fee in Section H. However Calculating Cash to Close Table on page 3 of the PCCD incorrectly indicates Closing Costs Paid Before Closing did not change. “Did this Change?” should be updated to reflect “Yes.” Exception remains.		04/10/2017
Provide a revised AUS findings to match the final terms. Property Type: Per the appraisal provided, the subject property is attached. AUS findings indicate single family detached.		Reviewer Comment (2017-03-31): Seller has provided a revised AUS.	03/31/2017
The file is missing a copy of the seller’s Closing Disclosure.		Reviewer Comment (2017-04-21): The loan was elevated to the AMC Compliance department and the Settlement Agent Closing Disclosure notice along with the seller paid fees being disclosed on the borrower’s CD are acceptable. Reviewer Comment (2017-04-21): Provide a copy of the final settlement statement to verify the seller paid fees disclosed on the borrower’s CD matched the final settlement statement seller paid fees since there is not a separate seller’s CD. Condition remains Reviewer Comment (2017-04-12): A separate Seller CD or a combined CD with the seller’s signature is required. Exception remains.	04/21/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201639393	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201639393	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/03/11/2017)
201639393	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201640761	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201640762	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201640762	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/564761)
201640762	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201640762	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201640763	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201640763	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID Non-Compliant: Missing Title- verbiage on Settlement and Wire fees reflected in section C. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-13): Seller provided corrected PCCD, LOE to borrowers and evidence docs sent to the borrowers. Reviewer Comment (2017-04-11): A post close CD has been provided but the “Title - ” verbiage was added to the Wire fee, and not to the settlement fee. Exception remains.		04/13/2017
The file contained documentation verifying the borrower received a copy of the appraisal on 03/08/2017; however the appraisal report date is [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal on [MM/DD/YYYY].		Reviewer Comment (2017-04-13): SEE NEW EXCEPTION REQUESTING WAIVER Reviewer Comment (2017-04-10): Seller re-sent evidence of 3/8/17 appraisal. Evidence of receipt of updated 3/11 report is still missing from the file. Exception remains. Reviewer Comment (2017-04-06): seller has provided original version of appraisal and a processor’s cert explaining the changes, but we are still missing evidence the borrower received the updated,3/11 version with the changes. Exception remains.	04/13/2017
Seller is requesting waiver of condition for proof of delivery of final appraisal report to borrowers, stating that they did not give the report to the borrowers until after closing. They did, however, provide a processor’s cert. outlining the changes and stating that they were immaterial and had no effect on value.		Reviewer Comment (2017-04-13): AIG approved the waiver of this exception.			04/13/2017
Seller paid closing costs were not disclosed on Final CD.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-30): Per the client’s guidance, the condition is waived.			03/30/2017
The file was missing a copy of the required fraud report for both borrowers.		Reviewer Comment (2017-04-05): Satisfactory fraud report has been provided.	04/05/2017
The borrower had a gap in employment from 06/30/2016 til 08/01/2016. Per Appendix Q, any gap one month or longer requires a letter of explanation for the gap. The file was missing the borrower’s letter of explanation.		Reviewer Comment (2017-04-05): Borrower provided satisfactory letter of explanation for gap in employment.	04/05/2017
The borrower had a gap in employment from 06/30/2016 til 08/01/2016. Per Appendix Q, any gap one month or longer requires a letter of explanation for the gap. The file was missing the borrower’s letter of explanation.		Reviewer Comment (2017-04-05): Borrower provided satisfactory letter of explanation for gap in employment.		04/05/2017
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-30): Per the client’s guidance, the condition is waived.			03/30/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-14): Wiring instructions have been provided.	04/14/2017
Missing all required information for the HOA		Reviewer Comment (2017-04-21): HOA information has been provided. Reviewer Comment (2017-04-14): Some information regarding the HOA was received. Still missing: Mailing address for the HOA, contact’s e-mail address and (if available) Tax ID for the HOA.	04/21/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201640763	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201640763	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201640763	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201640768	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201640768	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201640769	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201640769	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201640770	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
201640770	Credit	Property - Appraisal	Appraisal Documentation	Missing Document: Appraisal was made “subject to” and Form 442 was not provided.	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201640770	Credit	Income / Employment	Income Documentation	Income Docs Missing:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a copy of the lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-04-14): Lease for [REDACTED] has been provided.	04/14/2017
The file is missing a copy of the lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-04-14): Lease for [REDACTED] has been provided.	04/14/2017
The file was missing a copy of the lease agreements for the two investment properties, as required by Appendix Q.		Reviewer Comment (2017-04-14): Leases were provided and loan designation is now Safe Harbor QM.		04/14/2017
Per Reg Z the seller fees are required to be reflected on the seller CD and the borrower CD regardless of where there is a separate seller CD in the file.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-03-30): Per the client’s guidance, the condition is waived.			03/30/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-04): Seller’s explanation that property is a municipal Utility District, not a PUD, is acceptable.	04/04/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-04): Seller provided wiring instructions.	04/04/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx.		Reviewer Comment (2017-03-30): Per the client’s guidance, the condition is waived.			03/30/2017
The calculating cash to close section on the final CD dated 03/13/2017 disclosed $0 for the deposit; however the Summaries of Transactions shows an Earnest Money Deposit of $24,600.00 in section L, line 8. Provide a post-close CD identifying the deposit in the Calculating Cash to Close section and moving the Earnest Money Deposit to section L, line 1 and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-05): Seller provided Final Settlement Statement that matches final CD issued 3/31/17 Reviewer Comment (2017-04-03): Seller has provided PCCD and LOE to the borrower. Because of changes to borrower costs since the previous CD which was provided, we will need a settlement statement evidencing that the CD provided on 3/31/17 matches how the loan actually closed.		04/05/2017
The appraisal was completed “subject to” an inspection by a mold expert to determine if the blackish stains in the guest house shower is mold and to verify/certify when cured. The file was missing a copy of the 442.		Reviewer Comment (2017-04-03): 442 no longer needed. Report updated to reflect “As Is.”	04/03/2017
The file was missing verification of at least 30% equity in the departure residence residence being converted to rental as required by guidelines. Note: the file contained an appraisal invoice for this property; however a copy of the appraisal was not provided in the file.		Reviewer Comment (2017-04-06): Appraisal for departing residence has been provided and borrower has well over 30% equity in the property at 53%.	04/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201640770	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201641092	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201641092	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201641092	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201641096	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201641097	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201641097	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201641097	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201641097	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201641097	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-30): Per the client’s guidance, the condition is waived.			03/30/2017
The file was missing a copy of the required fraud report for all borrowers.		Reviewer Comment (2017-04-04): Fraud report has been provided	04/04/2017
The file was missing documentation verifying the lender’s ATR/QM Loan Designation.		Reviewer Comment (2017-04-04): Compliance Report has been provided.	04/04/2017
The Title - Settlement Fee was reflected in section B of the final CD and should be in section C. The provider used is not listed on SSPL. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-04): Seller provided satisfactory evidence why fees are in the correct section based on borrower’s selection not to shop for services.	04/04/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-31): Per the client’s guidance, the condition is waived.			03/31/2017
The 1120S in file for 2014 and 2015 were not signed as required by Appendix Q.		Reviewer Comment (2017-04-05): Signed 1120S for 2014 and 2015 have been provided.	04/05/2017
The 1120S in file for 2014 and 2015 were not signed as required by Appendix Q.		Reviewer Comment (2017-04-05): Seller provided signed 1120S for 2014 and 2015		04/05/2017
The number of months of prepaid property taxes on page 2, section F of the final CD was blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-05): Seller provided corrected PCCD, LOE to borrower and evidence of delivery.		04/05/2017
The final CD disclosed the disbursement date of 03/15/2017 which was less than three (3) business days from transaction date of [MM/DD/YYYY]. Provide a post-close CD disclosing the correct disbursement date and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-05): Seller provided corrected PCCD, LOE to borrower and evidence of delivery.		04/05/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-05): Seller provided corrected PCCD, LOE to borrower and evidence of delivery.		04/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Second Home	Purchase
1	A	XXXX	XX	Second Home	Purchase
1	A	XXXX	XX	Second Home	Purchase	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement
2	B	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201641097	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201641098	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201641098	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201641100	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201641100	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201641100	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201641101	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201641101	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $750.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7507)
201641101	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of 1.46 is less than Guideline PITIA months reserves of 15.00.
201641101	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-05): Seller has provided wiring instructions.	04/05/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-07): Post close CD and Final Settlement Statement provided. with LOE to borrower for changes made. Reviewer Comment (2017-04-05): Corrected PCCD and letter of explanation to the borrower were provided. However, since the closing costs and cash to/from the borrower changed since the previous CD, a Linal Settlement Statement verifying the loan closed as shown on the PCCD is required.		04/07/2017
TRID non-compliant. Total seller paid fees on Seller’s Closing Disclosure of $xx are greater than the disclosed seller paid fees on Borrower’s Final Closing Disclosure of $xx.		Reviewer Comment (2017-03-31): Per the client’s guidance, the condition is waived.			03/31/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-14): Final settlement Statement provided - post close CD is accurate. Reviewer Comment (2017-04-05): Post close CD and LOE to borrower have been provided. However, since the cash to/from the borrower and closing costs have changed, a Final Settlement Statement verifying that the loan closed as shown on the PCCD is required.		04/14/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-03-31): Per the client’s guidance, the condition is waived.			03/31/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-14): All HOA information has been provided.	04/14/2017
Cure 0% tolerance violation for the 2nd appraisal fee of $750.00 was not provided. Fee was not disclosed on the initial Loan Estimate and was added on the LE dated 03/03/2017. A valid change of circumstance disclosure was not provided verifying the addition of the fee.		Reviewer Comment (2017-04-05): Valid Change of Circumstance for second appraisal fee was provided.		04/05/2017
Fee was not disclosed on the initial Loan Estimate and was added on the LE dated 03/03/2017. A valid change of circumstance disclosure was not provided verifying the addition of the fee.		Reviewer Comment (2017-04-05): Valid Change of Circumstance for second appraisal fee was provided.		04/05/2017
File is missing both borrower’s 401k statements identified on the 1003 and AUS, The AUS verified $71,302.06 for these retirement accounts which would be sufficient to meet the reserve requirement.		Reviewer Comment (2017-04-05): Seller has provided additional reserves and terms of withdrawal from retirement accounts.	04/05/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-05): Seller has provided all necessary HOA information.	04/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201641104	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201641105	Credit	Credit	Credit Documentation	Missing Document: Credit Report not provided
201641105	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201641105	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201641105	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201641105	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Town Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Town Property under Prepaids. (Final/[MM/DD/YYYY])
201641105	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201641107	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201641107	Credit	Loan Package Documentation	Closing / Title	Title: Evidence of title is missing
201641107	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-04-03): Per the client’s guidance, the condition is waived.			04/03/2017
The file was missing the credit report for both borrowers. Per the DU in file, the credit report used to qualify was dated 01/30/2017 with reference number xx[REDACTED].		Reviewer Comment (2017-04-05): Seller provided the credit report that was used by DU.	04/05/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-13): HOA Information has been provided.	04/13/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-05): Seller provided corrected post-close CD, LOE to borrower and evidence of delivery		04/05/2017
The number of months of prepaid property taxes were blank in section F of the final CD. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-05): Seller provided corrected post-close CD, LOE to borrower and evidence of delivery		04/05/2017
The number of months of prepaid 2nd quarter school taxes were blank in section F of the final CD. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-05): Seller provided corrected post-close CD, LOE to borrower and evidence of delivery		04/05/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-03): Per the client’s guidance, the condition is waived.			04/03/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-06): Wiring instructions have been provided.	04/06/2017
The file is missing a copy of the preliminary title or title commitment.		Reviewer Comment (2017-04-06): Preliminary title report has been provided.	04/06/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-17): Post close CD and LOE to borrower have been provided.	04/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201641107	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 2/22/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/02/22/2017)
201641107	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 3/7/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Interim/03/07/2017)
201641107	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201641107	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/03/13/2017)
201641107	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201641509	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201641509	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201641509	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201641509	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201641510	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The borrowers consent to receive e-disclosures in file was dated 03/09/2017 which was after the date the initial LE was e-signed on 02/23/2017.		Reviewer Comment (2017-04-06): Seller provided evidence of borrowers’ earlier consent to receive e-docs.	04/06/2017
The initial LE was e-signed on 02/23/2017 which was prior to the consent date verified in file of 03/07/2017.		Reviewer Comment (2017-04-06): Seller provided evidence of borrowers’ earlier consent to receive e-docs.	04/06/2017
Per the final CD in file, the disbursement date was [MM/DD/YYYY] which was less than three business days from the transaction date of [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-17): Corrected post close CD and LOE to borrower have been provided.	04/17/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-04-17): Per seller, the CD created on 3/13 was for the title company only and was not sent to the borrower. Reviewer Comment (2017-04-10): Evidence of receipt of 3/13 CD is still missing from the file. Exception remains.	04/17/2017
Provide documentation supporting taxes shown on CD and IEAD of $841.86/month, while appraisal, title and tax cert reflect taxes of $1,038.19 semi-annually, or $173.03/month. If appropriate, provide corrected post close CD, IEAD and first payment letter with accurate tax figure.		Reviewer Comment (2017-04-17): Satisfactory explanation of taxes used to establish escrow account and corrected CD have been provided. Reviewer Comment (2017-04-17): Seller has corrected prepaid section and provided explanation for higher estimated tax figure used to establish escrow account.	04/17/2017
Missing all required HOA information.		Reviewer Comment (2017-04-06): All HOA information has been provided. Reviewer Comment (2017-04-05): All HOA information was provided EXCEPT the name of a contact person at Community Club Management.	04/06/2017
Final CD reflects TIP as 77.214%, Calculated TIP is 77.098%. The TIP disclosed on the final CD is based on an amount that includes the seller paid prepaid interest of $524.70. The calculated TIP did not include the seller paid prepaid interest. Provide a post-close CD with the corrected TIP and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-06): SEE NEW EXCEPTION REQUESTING WAIVER Reviewer Comment (2017-04-05): We will need a request for waiver to obtain waiver for this exception.	04/06/2017
		Reviewer Comment (2017-04-03): Per the client’s guidance, condition is waived.			04/03/2017
Seller is requesting waiver for exception requesting a PCCD with the correct TIP calculation.		Reviewer Comment (2017-04-12): AIG has approved waiver of this exception Reviewer Comment (2017-04-12): AIG has approved waiver of this exception.			04/12/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-04-06): Wiring instructions have been provided.	04/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201641510	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201641510	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201641510	Property	Property - Appraisal	General Appraisal Requirements	HOA Street Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201641510	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201641512	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201641512	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY]
201641512	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201641513	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201641513	Credit	Credit	Misc	Credit Exception:
201641514	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). The file contained a post-close CD correcting the date; however a copy of the letter of explanation to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-04-06): Cover letter to borrower has been provided that corresponds to the PCCD in the file.		04/06/2017
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY]. The file contained a post-close CD correcting the disbursement date; however a copy of the letter of explanation to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-04-06): Cover letter to borrower has been provided that corresponds to the PCCD in the file.		04/06/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-06): All HOA information has been provided.	04/06/2017
The Deed of Trust in file identified a 1-4 Family rider was attached to the security instrument. However, the file is one unit, primary residence, and is a PUD. The PUD rider was provided however was not identified on the Deed of Trust. Provide a copy of the corrected Deed of Trust removing the 1-4 Family Rider and adding the PUD rider. Also, provide proof the corrected Deed of Trust was recorded or sent for recording.		Reviewer Comment (2017-04-06): Seller provided corrected Deed of Trust and letter of assurance that the correct documents were sent for recording.	04/06/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-06): Wiring instructions have been provided.	04/06/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-06): Post close CD and letter of explanation explaining changes to the borrowers has been provided.		04/06/2017
The final CD disclosed a disbursement date of [MM/DD/YYYY] which was less than three business days from the transaction date of [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-06): Post close CD and letter of explanation explaining changes to the borrowers has been provided.		04/06/2017
The file was missing documentation verifying the borrowers received a copy of the Your Home Loan Toolkit Disclosure.		Reviewer Comment (2017-04-05): Seller provided evidence Toolkit was sent to the borrower	04/05/2017
Missing HOA information in file.		Reviewer Comment (2017-04-07): HOA information has been provided.	04/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-03): Per the client’s guidance, the condition is waived.			04/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201641514	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $424.00 exceeds tolerance of $97.00 plus 10% or $106.70. Insufficient or no cure was provided to the borrower. (0)
201641515	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201641515	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201641515	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201641790	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201641790	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201641790	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201641790	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201641790	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201641794	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Erroneous Reg ID 4748. This fee was seller paid, and is customarily paid by Seller in the state of (MN).		Reviewer Comment (2017-04-03): Sufficient cure provided at closing.		04/03/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-07): seller provided another post close CD that matches what was originally submitted as final. Settlement statement no longer needed. Reviewer Comment (2017-04-05): Post close CD and LOE have been provided. However, closing costs and cash form borrower have changed since the prior version. Please provide a final settlement statement that verifies the loan closed as shown on the PCCD.		04/07/2017
		Reviewer Comment (2017-04-05): Seller CD has been provided.		04/05/2017
		Reviewer Comment (2017-04-07): Client elects to waive.			04/07/2017
The file was missing the required fraud report for both borrowers.		Reviewer Comment (2017-04-07): Fraud report has been provided.	04/07/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-07): Wiring instructions have been provided.	04/07/2017
The file is missing the 2016 YTD Balance Sheet for the co-borrowers sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-04-14): 2016 Balance Sheet has been provided.	04/14/2017
The file is missing the 2016 YTD Balance Sheet for the co-borrowers sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-04-14): 2016 balance sheet has been provided. Loan designation is now Safe Harbor QM.		04/14/2017
		Reviewer Comment (2017-04-14): Consent to receive electronic documents has been received.	04/14/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-04-10): Wiring instructions have been provided.	04/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201641794	Property	Property - Appraisal	General Appraisal Requirements	HOA City Address is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY], Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201641794	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $750.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)
201641794	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201641798	Compliance	Loan Package Documentation	Closing / Title	(Missing Doc) PUD Rider was not provided.
201641798	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Contact Name is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201641798	Compliance	Compliance	State Compliance	Illinois SB 1894	IL Predatory Lending Database Program (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.
201641798	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201641798	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $17.92 exceeds tolerance of $12.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201641798	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201642457	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Cash To Close	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Final value of Cash to Close that does not match the actual sum of Final cash to close figures. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing all required information for the HOA.		Reviewer Comment (2017-04-11): All HOA information has been provided.	04/11/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-04-04): Cure was provided on the final CD.		04/04/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-04): Per the client’s guidance, the condition is waived.			04/04/2017
Per the title and appraisal, the subject is a PUD. The file was missing a copy of the PUD rider. Provide a copy of the executed PUD rider and proof the rider was recorded or sent for recording.		Reviewer Comment (2017-04-19): Fully executed PUD Rider and letter of intent to re-record Deed of Trust with the Rider has been provided.	04/19/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-11): All HOA information hs been provided.	04/11/2017
Certificate of Compliance or Exemption not attached to mortgage for recording.		Reviewer Comment (2017-04-11): IL Certificate of Compliance has been provided.	04/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-04-04): Per the client’s guidance, the condition is waived.			04/04/2017
Fee disclosed as ($xx) on (LE dated 07/14/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-04-04): Cure provided on the final CD		04/04/2017
Provide a revised DU approval. Per the appraisal and title commitment, the subject property is a detached PUD. The DU in file identified the subject property as a Detached SFR.		Reviewer Comment (2017-04-11): Corrected AUS has been provided.	04/11/2017
The Calculating Cash to Close section on the final CD issued 03/22/2017 disclosed the loan amount as $xx, resulting in the cash to the borrower of $1,497.19 which is invalid. The loan amount on page 1 of the CD and the note is $xx. The cash to the borrower disclosed of $xx is correct; however a post-close CD correcting the loan amount in the Calculating Cash to Close section and a letter of explanation to the borrower disclosing the changes made is required.		Reviewer Comment (2017-04-07): Seller has provided corrected post close CD, LOE to borrower and final settlement statement confirming CD matches how loan actually closed.		04/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201642457	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Value - Loan Amount	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Final Loan Amount that does not match actual loan amount for the loan. (Final/[MM/DD/YYYY])
201642457	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201642457	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201642458	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201642458	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201642458	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $500.00 exceeds tolerance of $475.00. Insufficent or no cure was provided to the borrower. (7506)
201642458	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Recording Service Fee. Fee Amount of $9.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (8325)
201642460	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201642460	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201642460	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The Calculating Cash to Close section on the final CD issued 03/22/2017 disclosed the loan amount as $xx. The loan amount on page 1 of the CD and the note is $xx. Provide a post-close CD correcting the loan amount in the Calculating Cash to Close section and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-07): Seller has provided corrected post close CD, LOE to borrower and final settlement statement confirming CD matches how loan actually closed.		04/07/2017
Provide a revised DU approval with the correct loan amount. The loan closed with a loan amount of $xx; however the loan amount on the DU was $xx.		Reviewer Comment (2017-04-07): Corrected DU findings have been provided.	04/07/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx ($xx dwelling coverage + $xx extended replacement cost coverage). The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value or $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-04-10): Seller provided estimate of cost to rebuild. Coverage is adequate.	04/10/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-05): Per the client’s guidance, the condition is waived.			04/05/2017
Cure of ($xx) was reflected, which is insufficient to cure ($34.00)		Reviewer Comment (2017-04-20): Corrected post close CD and LOE to borrower explaining change have been provided. Reviewer Comment (2017-04-17): $9.00 fee moved to correct section and additional $9.00 cure provided. LOE and copy of check sent to borrowers has been provided. However, section J on page 2 of the CD and the Calculating Cash to Close Table on page 3 both show the amount of lender credit for increase in closing costs above the legal limit to be $25. These need to be corrected to show $34.00, as this is the total cure provided. Reviewer Comment (2017-04-11): Your letter of explanation was reviewed. However, per our Compliance Department: Taxes and other government fees disclosed in Section E are only those to be paid to state and local governments. As the E_Recording fee is paid to Simplifile, a non-government entity, it does not belong in Section E. Instead, it should have been disclosed in Section B under the presumption it was required by the lender and the borrower was not given the opportunity to shop for this fee. as such, is is subject to 0% tolerance. The exception for additional $9.00 cure remains.		04/20/2017
Fee disclosed as ($xx) on (LE dated 02/09/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-04-04): Cure provided on the final CD.		04/04/2017
The Recording Service Fee in section E was not disclosed on Loan Estimate’s in file and was added to the initial CD dated 03/21/2017. The file did not contain a valid change of circumstance disclosure for the addition of the fee and the cure provided on the final CD was not sufficient for the tolerance violation.		Reviewer Comment (2017-04-20): Corrected post close CD with correct cure amount. and LOE to borrower explaining changes have been provided. Reviewer Comment (2017-04-17): $9.00 fee moved to correct section and additional $9.00 cure provided. LOE and copy of check sent to borrowers has been provided. However, section J on page 2 of the CD and the Calculating Cash to Close Table on page 3 both show the amount of lender credit for increase in closing costs above the legal limit to be $25. These need to be corrected to show $34.00, as this is the total cure provided. Reviewer Comment (2017-04-11): Your letter of explanation was reviewed. However, per our Compliance Department: Taxes and other government fees disclosed in Section E are only those to be paid to state and local governments. As the E-Recording fee is paid to Simplifile, a non-government entity, it does not belong in Section E. Instead, it should have been disclosed in Section B under the presumption it was required by the lender and the borrower was not given the opportunity to shop for this fee. as such, is is subject to 0% tolerance. The exception for additional $9.00 cure remains.		04/20/2017
Esign consent agreement missing from file.		Reviewer Comment (2017-04-07): E-Sign Consent has been provided.	04/07/2017
Evidence of earlier borrower receipt was not found in file. The only CD in the file was the final CD that was issued and signed 03/27/2017.		Reviewer Comment (2017-04-07): Initial CD and evidence of delivery of CD to the borrower have been provided.	04/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-05): Per the client’s guidance, the condition is waived.			04/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201643571	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201643571	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject address is missing from evidence of insurance.
201643571	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201643571	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $9,232.50 exceeds tolerance of $9,068.00. Insufficent or no cure was provided to the borrower. (8304)
201643571	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201643575	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201643575	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $20.75 exceeds tolerance of $20.00. Insufficent or no cure was provided to the borrower. (7520)
201643581	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201643581	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201643581	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-04-05): Per the client’s guidance, condition is waived.			04/05/2017
Hazard Insurance policy reflects property city as [REDACTED] whereas Note and Mortgage reflects [REDACTED]. Provide updated insurance documentation with the correct city.		Reviewer Comment (2017-04-10): Corrected dec page has been provided.	04/10/2017
Cure for Transfer Tax violation of $164.50 was not provided.		Reviewer Comment (2017-04-12): Seller provided evidence that LE with lower transfer tax figure was not disclosed to the borrower. Cure not required.	04/12/2017
Transfer Tax disclosed as $xx on initial LE dated 1/20/17, but disclosed as $xx on the Final Closing Disclosure. The fee was disclosed as $9,233.00 on the re-disclosed LE dated 1/20/17 but a valid change of circumstance disclosure for the increase was not provided.		Reviewer Comment (2017-04-12): Seller provided evidence that LE with lower transfer tax figure was not disclosed to the borrower. Cure not required.	04/12/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-10): Wiring instructions have been provided.	04/10/2017
Cure for (Credit Report fee) of ($0.75) was not provided.		Reviewer Comment (2017-04-18): The file contained a valid change of circumstance disclosure for increasing the credit report fee on the LE dated 02/09/2017.	04/18/2017
Fee disclosed as ($xx) on (LE dated 01/25/17), but disclosed as ($xx) on Final Closing Disclosure. The file did not contain a valid change of circumstance disclosure increasing the fee. Note: the preliminary credit report in the file dated 01/09/2017 verified the cost of $20.00.		Reviewer Comment (2017-04-18): The file contained a valid change of circumstance disclosure for increasing the credit report fee on the LE dated 02/09/2017.	04/18/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-11): Wiring instructions have been provided.	04/11/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. The Post Consummation CD reflects accurate date of closing, however a letter of explanation to the borrower regarding the change was not provided in the file.		Reviewer Comment (2017-04-11): Letter of explanation to borrowers and evidence the corrected CD were sent to the borrowers has been provided.		04/11/2017
Seller paid fees on the buyers Closing Disclosure are $xx ($xx on the PCCD); however the seller paid fees on the sellers Closing Disclosure is $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-13): Seller has provided corrected post close CD with fees disclosed properly, and with seller paid fees matching the final settlement statement. Reviewer Comment (2017-04-12): The seller provided a post-close CD to cure the condition. The real estate commissions were disclosed on page 3 in the Summaries of Transactions, section N. The real estate commissions are required to be disclosed on page 2. Provide a post-close CD and letter of explanation to the borrower moving the real estate commissions from page 3 to page 2. Condition remains. Reviewer Comment (2017-04-11): Post close CD dated 4/10/17 shows seller paid fees of $xx. This still does not match the Seller’s CD in the file, which shows the seller paying $xx. Note: the final seller settlement statement disclosed $xx in seller paid fees. Condition remains.		04/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201643581	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] VVOE - Employment Only
201643581	Credit	Assets	Asset Documentation	Missing Document: Gift Letter not provided
201643581	Credit	Credit	Misc	Credit Exception:
201643813	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201643813	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201643814	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/03/21/2017)
201643814	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.
201643814	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201643814	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-75.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-125.00. (9300)
201643814	Credit	Assets	Asset Calculation / Analysis	Cash available for Closing is insufficient to cover Cash From Borrower.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The VVOE for the co-borrower in file was verified on 03/06/2017 which is not within 10 business days of the closing date of [MM/DD/YYYY]. Provide an updated VVOE for the co-borrower.		Reviewer Comment (2017-04-11): Verbal VOE dated within 10 days of closing has been provided.	04/11/2017
The co-borrower received a gift of $100,0000.00 from [REDACTED] on 03/03/2017. The file contained a copy of the check and proof of deposit; however the file was missing a copy of the gift letter.		Reviewer Comment (2017-04-11): A copy of the gift letter has been provided.	04/11/2017
The file was missing documentation verifying the monthly payment used to qualify of $2,082.00 for the investment property located on [REDACTED] included escrows. If the payment was P&I only provided proof of the insurance premium for the property (tax documentation was in file).		Reviewer Comment (2017-04-11): Seller has provided evidence that the payment of $2,082.59 includes escrows for taxes and insurance.	04/11/2017
24 month verification of rent is missing from the file as required by the guidelines.		Reviewer Comment (2017-04-11): 24 month history of satisfactory housing payment has been provided.	04/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-07): Data was corrected on post close CD (SFIG).		04/07/2017
The file was missing documentation verifying the borrower received a copy of the appraisal reports in file. The file contained three copies of the appraisal with report dates of [MM/DD/YYYY], [MM/DD/YYYY], and [MM/DD/YYYY].		Reviewer Comment (2017-04-24): Evidence final version of appraisal was sent to borrower has been provided. Reviewer Comment (2017-04-11): Evidence of borrower receipt of the 3/7 and 3/17 reports has been received. Evidence of receipt of the final 3/21 report is still missing	04/24/2017
Affiliated Business Arrangement Disclosure dated 03/23/17 was not provided to applicant within three (3) business days of application of [MM/DD/YYYY].		Reviewer Comment (2017-04-20): SEE NEW EXCEPTION REQUESTING WAIVER.	04/20/2017
Cure for (Lender Credit) of ($50.00) was not provided.		Reviewer Comment (2017-04-11): Seller provided invoices for appraisals, confirming that there is no violation.		04/11/2017
The lender credit for the Appraisal Fee was disclosed as -$125.00 on the initial CD dated 03/10/17, but disclosed as -$75.00 on the Final CD. The file did not contain a copy of the appraisal invoice to determine the actual cost of the appraisal or a valid change of circumstance disclosure verifying the reason for the decreased lender credit.		Reviewer Comment (2017-04-11): Seller provided invoices which verify actual costs of appraisal; no violation		04/11/2017
The file was missing all of the asset documentation used by DU for qualifying and the funds verified in the file are short to close and meet the guideline reserve requirement. The file is missing two months statements for the following accounts: [REDACTED]. The file is also missing the second months’ statement for the following accounts: [REDACTED] (12/31/2016 statement in file) and [REDACTED] (12/31/2016 statement in file).		Reviewer Comment (2017-04-17): All missing account statements have been provided.	04/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201643814	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201643814	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.
201643814	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201643815	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues,loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status,loan_ valuation.hoa_ address_ street,loan_ valuation.hoa_ address_ city,loan_ valuation.hoa_ address_ state,loan_ valuation.hoa_ address_ zip,loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201643815	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201643815	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201643815	Credit	Income / Employment	Income Documentation	Income Docs Missing:
201644932	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201644932	Property	Property - Appraisal	General Appraisal Requirements	Valuation Exception:
201644933	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-04-11): Seller has provided wiring instructions.	04/11/2017
The file was missing all of the asset documentation used by DU for qualifying and the funds verified in the file are short to close and meet the guideline reserve requirement. The file is missing two months statements for the following accounts: [REDACTED]. The file is also missing the second months’ statement for the following accounts: [REDACTED] (12/31/2016 statement in file) and [REDACTED] (12/31/2016 statement in file).		Reviewer Comment (2017-04-17): All missing account statements have been provided. Borrowers have sufficient reserves verified.	04/17/2017
Seller has requested AIG waive the exception for evidence borrower received ABAD within three days of application.		Reviewer Comment (2017-04-20): AIG has approved waiving this exception.			04/20/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-14): Required HOA information has been provided.	04/14/2017
Provide a revised AUS findings to match the final terms. Property Type: Per the appraisal provided, the subject property is a PUD. AUS findings reflect single family detached.		Reviewer Comment (2017-04-14): Corrected AUS findings have been provided.	04/14/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-07): Per the client’s guidance, the condition is waived.			04/07/2017
The file is missing proof of at least 30% equity in the departure residence with a current (no more than six months old) Residential Appraisal (for Single-Family units on Form Fannie Mae 1004/Freddie Mac 70 or for Condominium units on form Fannie Mae 1073/Freddie Mac 465) since it is being vacated and rented out and proof that the security deposit and first months’ rent has been received, as required by the guidelines.		Reviewer Comment (2017-04-18): The seller provided a copy of the appraisal for the departure residence verifying 30% equity ($483,000 balance on mortgage after $67,000 paid on final CD for the subject property/$690,000 value), the proof of the security deposit, and the first months rent. Reviewer Comment (2017-04-14): Equity in departure residence insufficient. See previous comments. Reviewer Comment (2017-04-11): Seller provided evidence tenant paid security deposit and first month’s rent. Appraisal was provided with a value of $690,000. Per credit report and mortgage statement, the balance on the mortgage is $550,000, which means borrowers’ equity is $140,000, Which is only 20.29% of the value and is insufficient to meet the guideline requirement.	04/18/2017
The file is missing a copy of the seller’s CD.		Reviewer Comment (2017-04-24): Per AMC Compliance Department, Settlement Agent Closing Disclosure Notice and consumer CD showing all seller paid fees is sufficient documentation. Reviewer Comment (2017-04-12): Settlement Agent Closing Disclosure Notice does not satisfy this exception. Actual seller CD or combined CD signed by seller required in order that fees can be validated. Exception remains.	04/24/2017
Per the final CD and the Escrow Holdback Agreement in the file, $12,000.00 was held from the seller for completion of the subject’s driveway, front walkway and porch steps due to inclement weather. Per the guidelines, the escrows for postponed improvements must be satisfied within 180 days from the loan closing date. Evidence of funds release and property completion must be provided to AIG Investments.		Reviewer Comment (2017-05-04): Escrow hold back is permitted. Client to require post fund docs to evidence completion.	05/04/2017
Verification of housing payment (rent) following the sale of former homes is required. If rent is to an individual, provide cancelled checks. Per the final 1003, the borrowers have rented for 1 month for $xx per month.		Reviewer Comment (2017-04-21): Verification of rent from AVE Malvern management company provided.	04/21/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201644933	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201644933	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201644933	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
201644934	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] 1040
201644935	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201644935	Credit	Credit	Misc	Credit Exception:
201644935	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account statement Inaccurate	RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.
201644938	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201644938	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201644938	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
CD discloses finance charge of $xx; calculated finance charge is $xx. Variance is $125 which exceeds the max allowable tolerance of $100 for purchase transactions. The Loan Detail Report did not include the $125 Closing Protection Letter in the prepaid finance charges. Provide a Corrected PCCD, a copy of the refund check to the borrower for $125.00, a letter of explanation disclosing the reason for the refund, and proof of delivery.		Reviewer Comment (2017-04-26): Refund check, corrected post close CD, letter of explanation to borrower and evidence of delivery have been provided.		04/26/2017
The file was missing a copy of the Seller’s CD.		Reviewer Comment (2017-04-24): Per Compliance Department, consumer CD and Settlement Agent Closing Disclosure Notice are sufficient documentation. Reviewer Comment (2017-04-12): Settlement Agent Closing Disclosure Notice does not satisfy this exception. Actual seller CD or combined CD signed by seller required in order that fees can be validated. Exception remains.	04/24/2017
Per the guidelines, the co-borrower’s most recent pay stub is required to verify the commission income. The file contained two pay stubs, dated 12/16/2016 and 12/30/2016.		Reviewer Comment (2017-04-24): Recent paystubs have been provided.	04/24/2017
The 2014/2015 IRS Transcripts reflect un-reimbursed employee expenses. Per the guidelines, these expenses are required to be calculated and the borrower’s income is required to be reduced by the calculated loss. Provide the 2014/2015 1040’s with all schedules to verify if the expenses did not belong to borrower.		Reviewer Comment (2017-04-19): Full tax returns and all schedules have been provided verifying that the 2106 expenses belong to our borrower. The net effect on his income/DTI is within acceptable tolerance Reviewer Comment (2017-04-12): Tax returns provided do not belong to this borrower. Exception remains.	04/19/2017
The number of months of prepaid property taxes in section F of the final CD was blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-25): Seller provided a post-close CD correcting the number of months of prepaid property taxes in section F.		04/25/2017
The current homeowner’s insurance policy expires 05/14/2017. The file contained a copy of the renewal policy with effective dates of 05/14/2017 to 05/14/2018 with a premium of $1,007.71. The borrower paid 12 months of the homeowner’s insurance premium on the final CD: however the premium collected ($959.63) was the premium on the policy expiring 05/14/2017. Provide proof the renewal premium of $1,007.71 was paid in full.		Reviewer Comment (2017-04-25): Seller provided a copy of the final settlement statement and post-close CD verifying the renewal premium was collected at closing.	04/25/2017
The seller provided a post-close CD issued 04/24/2017 and the initial escrow payment at closing in section G increased to $xx. The initial escrow account disclosure opening balance was disclosed at closing as $xx. The difference is due to the renewal homeowner’s insurance premium was corrected on the post-close CD. Provide a revised first payment letter and initial escrow account disclosure matching the terms of the post-close CD and final settlement statement provided.		Reviewer Comment (2017-04-26): Corrected First Payment Letter and Initial Escrow Account Disclosure matching post close CD and settlement statement have been provided.	04/26/2017
Closing Disclosure reflects TIP of 69.370%, calculated TIP is 69.37%. The TIP disclosed on the final CD is based on an amount that includes the seller paid prepaid interest of $xx. The calculated TIP did not include the seller paid prepaid interest. Provide a post-close CD with the corrected TIP and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-13): SEE NEW EXCEPTION REQUESTING WAIVER.	04/13/2017
		Reviewer Comment (2017-04-10): Per the client’s guidance, condition is waived.			04/10/2017
WAIVER REQUEST: Pulte Mortgage requests that we accept their TIP calculation as it should be deemed a non-material defect.		Reviewer Comment (2017-04-19): Waiver no longer required. Corrected CD with correct TIP has been provided with LOE and evidence it was sent to the borrower.	04/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201644940	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name,loan_ valuation.hoa_ association_ management_ company_ tax_ num,loan_ valuation.hoa_ dues, loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status,loan_ valuation.hoa_ address_ street,loan_ valuation.hoa_ address_ city,loan_ valuation.hoa_ address_ state,loan_ valuation.hoa_ address_ zip,loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201644940	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/03/10/2017)
201644940	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201644940	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201644942	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201644942	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201644942	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201644942	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201644942	Compliance	Compliance	Federal Compliance	TRID Service Provider Timing	TILA-RESPA Integrated Disclosure: Borrower did not receive a list of service providers within 3 business days of application.
201644942	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing all of the guideline required HOA information.		Reviewer Comment (2017-04-12): All HOA information has been provided.	04/12/2017
The file contained documentation verifying the borrower received a copy of the appraisal on 03/08/2017; however the appraisal report in file was dated [MM/DD/YYYY]. Provide proof the borrower received a copy of the updated appraisal with a report date of [MM/DD/YYYY].		Reviewer Comment (2017-04-24): Exception Cleared, see new exception for the Waiver request for proof of appraisal delivery.	04/24/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-12): Wiring instructions have been provided.	04/12/2017
AIG Waiver request for missing proof the borrower received a copy of the updated appraisal with a report date of [MM/DD/YYYY].		Reviewer Comment (2017-04-26): AIG approved the waiver for this exception.			04/26/2017
The file is missing proof of the lender’s QM/ATR Loan Designation.		Reviewer Comment (2017-04-12): The missing information has been provided.	04/12/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-04-12): Wiring instructions have been provided.	04/12/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-14): Final settlement statement has been provided that verifies information on the pose close CD. Reviewer Comment (2017-04-12): Corrected CD has been provided; however, closing fees and cash to/from borrower have changed since the previous CD,. Provide a final settlement statement verifying the PCCD reflects how the loan actually closed.		04/14/2017
The file was missing documentation verifying the borrower received a copy of the Your Home Loan Toolkit disclosure.		Reviewer Comment (2017-04-12): Evidence of seller providing Toolkit ha been provided.	04/12/2017
The List of Service Providers provided in the file reflects an issue date of 03/24/17. The application date is [MM/DD/YYYY]		Reviewer Comment (2017-04-12): Seller provided SSPL prepared 2/24/17.	04/12/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-10): Per the client’s guidance, the condition is waived.			04/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201644943	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num,loan_ valuation.hoa_ dues, loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status,loan_ valuation.hoa_ address_ street,loan_ valuation.hoa_ address_ city,loan_ valuation.hoa_ address_ state,loan_ valuation.hoa_ address_ zip,loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201644943	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 2/28/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/02/28/2017)
201644943	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201644943	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $200.00 exceeds tolerance of $180.00 plus 10% or $198.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201644944	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/03/15/2017)
201644944	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201644944	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201644946	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201644946	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201644946	Compliance	Compliance	State Compliance	South Carolina Home Loan (Acknowledgement of Receipt of Complaint Agency Disclosure Not In File)	South Carolina Home Loan: Borrower did not acknowledge receipt of document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing all required information for the HOA.		Reviewer Comment (2017-04-20): All HOA information has been provided.	04/20/2017
Esign agreement in file is dated 03/01/17. Evidence of earlier consent given by borrower was not found in file.		Reviewer Comment (2017-04-13): Seller has provided evidence of borrower’s 3/1/17 consent to receive electronic disclosures.	04/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-11): Per the client’s guidance, the condition is waived.			04/11/2017
($2.00) violation due to increase in (Recording fee(s)).		Reviewer Comment (2017-04-11): Cure provided on the final CD.		04/11/2017
The file contained documentation verifying the borrower was mailed a copy of the appraisal on 03/20/2017. The documentation did not verify if the borrower was emailed the appraisal and since it is considered to be mailed and received on 03/23/2017, which is after the note date of [MM/DD/YYYY]. The file did not contain an executed appraisal waiver stating the borrower waived the right to receive a copy of the appraisal at least 3 business days from consummation. Provide proof the borrower received the appraisal prior to the note date of [MM/DD/YYYY] and a copy of the executed waiver that was signed more than 3 business days prior to consummation.		Reviewer Comment (2017-04-18): Evidence appraisal was e-mailed to the borrower was received. Appraisal e-mailed to borrower on 3/20. Based on correct consummation date of [MM/DD/YYYY] this is acceptable. Reviewer Comment (2017-04-13): Delivery date of 3/20 is not three days prior to note date. Exception remains. Reviewer Comment (2017-04-13): Seller provided evidence appraisal was e-mailed to the borrower on 3/20/17.	04/18/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-16): Cover letter sent to borrower with corrected CD has been provided. Reviewer Comment (2017-05-04): The post-close CD provided corrected the closing date; however the letter of explanation sent to the borrower disclosing the changes was not provided. Reviewer Comment (2017-04-18): The CD provided on 4/14/17 does not accurately reflect all of the seller paid fees as shown on the final settlement statement. These should all be listed in Section H. Exception remains. Along with corrected CD, please provide the LOE to the borrower and evidence of delivery of the CD to the borrower. Reviewer Comment (2017-04-18): Post close CD was provided. LOE to borrower and evidence CD was provided to the borrower are still missing		05/16/2017
Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Note: the final settlement statement verified seller paid fees of $xx. Provide a post-close CD with the corrected seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-12): Client elects to waive. Reviewer Comment (2017-05-04): The seller provided a post-close CD and a rebuttal stating they are not required to disclose any settlement fees that are the seller’s responsibility on page 2 of the CD. Only the seller paid buyer’s closing cost. Per the TILA regulation, the borrower’s CD must contain all seller paid closing costs that are part of the real estate closing. Therefore, the seller paid fees disclosed on the final settlement statement totaling $123,686.97 are required to be disclosed on the borrower’s CD. Provide a post-close CD with the corrected seller paid fees and a letter of explanation to the borrower disclosing the changes made.			05/12/2017
Lender wire instructions have not been provided.		Reviewer Comment (2017-04-13): Wiring instructions have been provided.	04/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD with the corrected seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-17): Post close CD with correct fees has been provided. Reviewer Comment (2017-04-13): Post close CD with seller paid costs, LOE to borrower and evidence of delivery have been provided. However, the CD shows seller paying $xx in recording fees. Confirm that this is correct or provide another PCCD		04/17/2017
The disclosure provided is not signed by the borrower.		Reviewer Comment (2017-04-13): A copy of the disclosure signed by the borrower has been provided.	04/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201646507	Compliance	Compliance	Federal Compliance	Partnership Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Partnership). ([REDACTED] [REDACTED]/Partnership)
201646507	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Investor Guidelines Not Provided	Ability to Repay (Dodd-Frank 2014): Unable to determine ability to repay due to missing guidelines. Loan characteristics are 38.96048% DTI, xx%/xx% LTV/CLTV, 779 Credit Score, Occupancy: Primary, Purpose: Refinance, Limited Cash-out GSE
201646507	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Risk.
201646507	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201646507	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $225.00 exceeds tolerance of $180.00 plus 10% or $198.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201646508	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201646509	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201646509	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $200.00 exceeds tolerance of $106.00 plus 10% or $116.60. Insufficient or no cure was provided to the borrower. (0)
201646510	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201646510	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $450.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7507)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained the 2016 1065 for the co-borrower’s partnership; however the executed 2016 1040’s with all schedules is required per Appendix Q.		Reviewer Comment (2017-04-17): The loan file contains 2 years of individual tax returns and 2 years of business returns, adheres to Appendix Q for the co-borrower’s self employed income loss required documentation.	04/17/2017
The file contained the 2016 1065 for the co-borrower’s partnership; however the executed 2016 1040’s with all schedules is required per Appendix Q.		Reviewer Comment (2017-04-17): Loan meets Safe Harbor QM consideration, separate ATR testing to guidelines is not required.	04/17/2017
The file contained the 2016 1065 for the co-borrower’s partnership; however the executed 2016 1040’s with all schedules is required per Appendix Q.		Reviewer Comment (2017-04-17): The loan file contains 2 years of individual tax returns and 2 years of business returns, (just not the same two years), the loan meets QM for the co-borrower’s self employed income loss required documentation.	04/17/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-14): Final settlement statement has been provided and verifies loan closed as shown on post close CD. Reviewer Comment (2017-04-13): PCCD has been provided; however, closing costs and cash to/from borrower have changed. Please provide final settlement statement verifying that the PCCD reflects how the loan actually closed.		04/14/2017
($27.00) violation due to increase in (Recording fee(s)).		Reviewer Comment (2017-04-11): Cure provided on the final CD.		04/11/2017
Fraud Report for both borrower’s were not included in loan file. All loan files must contain a third-party fraud report to be eligible for sale to an Approved Buyer		Reviewer Comment (2017-04-13): acceptable fraud report has been provided.	04/13/2017
Cure for 10% tolerance violation $83.40 was not provided. The recording fees were disclosed as $xx on the initial LE dated 02/21/2017 and $xx on the initial CD issued 03/20/2017 and the final CD issued 03/27/2017. The file did not contain a valid change of circumstance disclosure verifying the increased recording fee.		Reviewer Comment (2017-04-13): Seller has provided post close CD and Final Settlement Statement reflecting correct recording costs that are less than what was initially disclosed. Cure is no longer needed.		04/13/2017
$83.40 violation due to increase in Recording fees. No evidence of cure. The recording fees were disclosed as $xx on the initial LE dated 02/21/2017 and $xx on the initial CD issued 03/20/2017 and the final CD issued 03/27/2017. The file did not contain a valid change of circumstance disclosure verifying the increased recording fee.		Reviewer Comment (2017-04-13): Seller has provided post close CD and Final Settlement Statement reflecting correct recording costs that are less than what was initially disclosed. Cure is no longer needed.		04/13/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-13): Seller has provided corrected post close CD, LOE to borrowers and Final Settlement Statement verifying that the PCCD reflects how the loan closed		04/13/2017
Fee was not disclosed on Loan Estimate. The 2nd appraisal fee was added on the initial CD issued 03/21/2017 but the file was missing a valid change of circumstance disclosure for the addition of the fee.		Reviewer Comment (2017-04-11): Cure provided on the final CD.		04/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201646510	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201646511	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues,loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status,loan_ valuation.hoa_ address_ street,loan_ valuation.hoa_ address_ city,loan_ valuation.hoa_ address_ state,loan_ valuation.hoa_ address_ zip,loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201646511	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201646512	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201646512	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201646512	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Investor Guidelines Not Provided	Ability to Repay (Dodd-Frank 2014): Unable to determine ability to repay due to missing guidelines. Loan characteristics are 32.90507% DTI, xx%/xx% LTV/CLTV, 774 Credit Score, Occupancy: Primary, Purpose: Purchase,
201646512	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Risk.
201646512	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201646512	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201646514	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/03/20/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller Closing Disclosure Seller Paid Fees Total $xx does not match the Closing Disclosure Calculated Closing Costs Subtotals Paid By Seller of $xx.		Reviewer Comment (2017-04-11): Per the client’s guidance, the condition is waived.			04/11/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-20): All required HOA information has been provided. Reviewer Comment (2017-04-18): The required information is: Name and address of association (provided) and name, address and telephone number of a contact person at the HOA (missing). Also, if available, the association’s tax ID#.	04/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-04-11): Per the client’s guidance, the condition is waived.			04/11/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-04-17): Wiring instructions have been provided.	04/17/2017
The file is missing the current lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-04-17): A copy of the lease has been provided.	04/17/2017
The file is missing the current lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-04-17): A copy of the lease agreement has been provided.	04/17/2017
The file is missing the current lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-04-17): A copy of the signed lease has been provided.		04/17/2017
Final Closing Disclosure dated 03/30/2017 reflects Title - Recording Service fee payable to [Redacted] in section B (Services Borrower Did Not Shop For). [Redacted] is not a service provider listed on the Settlement Service Provider List. As a result, these fees should have been reflected in section C (Services Borrower Did Shop For). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-18): Seller provided a PCCD moving the title-recording service fee to section C since the provider was not on the SSPL. Reviewer Comment (2017-04-18): A corrected PCCD has been provided. Changes were made to cash to/from borrower and closing costs since the prior version. Please provide final settlement as evidence that post close CD reflects how the loan actually closed. Reviewer Comment (2017-04-17): Recording Fee is still showing in Section B on the PCCD dated 4/14. The correction has not been made. With a corrected PCCD, please provide a final settlement statement evidencing this is how the loan actually closed.	04/18/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-11): Per the client’s guidance, the condition is waived.			04/11/2017
		Reviewer Comment (2017-04-13): Evidence that the appraisal was sent to the borrowers and that they received it on 3/27 has been provided.	04/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201646514	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.
201646514	Compliance	Compliance	Federal Compliance	RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application.
201646514	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 3/3/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/03/03/2017)
201646514	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201646515	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201646515	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201646515	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.	Calculated PITIA months reserves of 11.45 is less than Guideline PITIA months reserves of 15.00.
201646515	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201646516	Compliance	Loan Package Documentation	Closing / Title	Missing Document: Note - Subject Lien not provided
201646516	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account Statement Missing	RESPA: Initial escrow account statement was not provided to the borrower.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
ABADisclosureProvidedDate is 2017-03-09 which is greater than 3 days from the App date of [MM/DD/YYYY].		Reviewer Comment (2017-04-13): Seller has provided evidence that the Affiliated Business Arrangement Disclosure was sent within three days of application.	04/13/2017
FederalCounselingAgenciesListProvidedDate(2017-03-06) > AppPlus3([MM/DD/YYYY])		Reviewer Comment (2017-04-17): Seller has provided evidence the Homeownership Counseling Organization List was sent on 3/3/17.	04/17/2017
LoanEstimateElectronicDeliveryDate(2017-03-02) < ESignConsentAgreementDisclosureProvidedDate(2017-03-06)		Reviewer Comment (2017-04-17): Seller provided evidence that the initial CD was sent via regular mail and not electronically.	04/17/2017
Seller CD reflects seller paid fees of xx and the Borrower CD reflects seller paid fees of xx.		Reviewer Comment (2017-04-17): A post close CD containing all seller paid fees, LOE to borrower and evidence it was sent to the borrower have been provided .		04/17/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-04-13): Wiring Instructions have been provided.	04/13/2017
Disclosure reflects Closing Date of [MM/DD/YYYY](), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-04-14): Final settlement statement confirming loan closed as shown on post close CD has been provided. Reviewer Comment (2017-04-13): Corrected post close CD has been provided; however, closing costs and cash from/to borrower have changed wince the prior version. Please provide final settlement statement that verifies the PCCD reflects how the loan closed.		04/14/2017
Terms of withdrawal for IRA were provided; however, verification of the account is missing from the file. File must reflect 6 month PITI in reserve for the retained property. Provide 2 months retirement account statements in order to meet this reserve requirement.		Reviewer Comment (2017-04-13): 3 months statement provided for IRA. Reserves are sufficient.	04/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-11): Based on lock date prior to 3/1 Client elects to waive.			04/11/2017
The file is missing a copy of the executed note. The note in file was not executed by the borrowers.		Reviewer Comment (2017-04-17): Fully executed note has been provided.	04/17/2017
The initial escrow account disclosure has not been provided in the loan documents.		Reviewer Comment (2017-04-17): Initial escrow account disclosure, signed by borrowers at closing, has been provided..	04/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	A	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	A	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201646516	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201646516	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 3/3/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/03/03/2017)
201646517	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201646517	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201646517	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
201646517	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201646517	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201647952	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase
201647952	Credit	Loan Package Documentation	Closing / Title	Security Instrument is not signed by borrower(s).
201647952	Compliance	Compliance	Federal Compliance	TILA NMLSR - Missing NMLS Information on Security Instrument	Truth in Lending Act (NMLSR Dodd- Frank 2014): NMLSR information not present on Security Instrument.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD adding the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-19): Corrected post close CD, LOE to borrowers and evidence of delivery have been provided.		04/19/2017
The e-consent disclosure in the file was dated 03/17/2017. The file was missing proof of the borrowers e-consent on or prior to 03/03/2017 when the initial LE was e-signed.		Reviewer Comment (2017-04-17): Evidence borrowers consented to receive electronic disclosures on 3/3/17 has been provided.	04/17/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-04-12): Wiring instructions have been provided.	04/12/2017
The note, security instrument and final CD disclosed a closing date of [MM/DD/YYYY]. Consummation did not take place until [MM/DD/YYYY] security instrument signing). The final CD was signed on 3/29/17.		Reviewer Comment (2017-04-12): Seller provided PCCD with correct closing date; however, the CD still shows a negative fee for owners Title in Section H, which is TRID non-compliant. In addition, cash to/from borrower and various fees have changed since the previous CD - please provide final settlement statement verifying that the PCCD reflects how the loan actually closed.	04/12/2017
Disclosure reflects a negative fee for Owners Title Insurance of (267.00) in Section H. This is TRID non-compliant.		Reviewer Comment (2017-05-05): Negative fee ha been removed from the post close CD provided 5/4/17.		05/05/2017
The sellers CD has not been provided in the loan documents.		Reviewer Comment (2017-04-13): Seller’s CD has been provided	04/13/2017
		Reviewer Comment (2017-05-12): Client Elects to Waive. Reviewer Comment (2017-05-12): Pay history was provided, but nothing has been provided to satisfy this condition. Reviewer Comment (2017-05-09): 1 page received 5/8/17. This evidences something was sent to the borrower; however, text of letter not visible, and neither CD nor final settlement statement have been provided. Exception remains. Reviewer Comment (2017-05-05): CD provided on 5/4/17 shows seller paid closing costs of $xx, which does not match figure on Seller’s CD, $xx. New seller paid fees added to section F - Property Taxes and Homeowner’s Insurance - neither indicates the number of months these payments represent. Letter of explanation/evidence of delivery has not been provided. Provide corrected post close CD and final settlement statement evidencing that the 5/4 CD represents how the loan actually closed, letter of explanation and evidence of delivery of corrected documents to the borrower. Reviewer Comment (2017-04-13): Provide a final post close CD and final settlement statement reflecting seller paid closing costs that match the amount shown on the seller’s CD with letter of explanation to the borrower and evidence of delivery.			05/12/2017
		Reviewer Comment (2017-04-18): Note is < 45 days old; purchase; first payment due [MM/DD/YYYY]. Reviewer Comment (2017-04-13): Document uploaded to this exception does not relate to the exception. Exception remains	04/18/2017
Security Instrument is missing page 15 of 15.		Reviewer Comment (2017-04-13): Complete document has been provided with borrowers signatures and notary signature.	04/13/2017
Security Instrument is missing page 15 of 15.		Reviewer Comment (2017-04-13): Complete document has been provided with NMLS information.	04/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
D	B	A	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	A	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201647952	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201647952	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $17.92 exceeds tolerance of $15.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201649525	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/587398)
201649525	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Investor Guidelines Not Provided	Ability to Repay (Dodd-Frank 2014): Unable to determine ability to repay due to missing guidelines. Loan characteristics are 34.98393% DTI, xx%/xx% LTV/CLTV, 785 Credit Score, Occupancy: Primary, Purpose: Purchase,
201649525	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Risk.
201649525	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201649525	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY], Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues, loan_ valuation.hoa_ payment_ frequency, loan_ valuation.hoa_ dues_ status, loan_ valuation.hoa_ address_ street, loan_ valuation.hoa_ address_ city, loan_ valuation.hoa_ address_ state, loan_ valuation.hoa_ address_ zip, loan_ valuation.hoa_ association_ management_ contact_ name, loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues, loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status, loan_ valuation.hoa_ address_ street, loan_ valuation.hoa_ address_ city, loan_ valuation.hoa_ address_ state, loan_ valuation.hoa_ address_ zip, loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201649525	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201649525	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $150.00 exceeds tolerance of $125.00. Sufficient or excess cure was provided to the borrower at Closing. (75103)
201649528	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues, loan_ valuation.hoa_ payment_ frequency, loan_ valuation.hoa_ dues_ status, loan_ valuation.hoa_ address _ street, loan_ valuation.hoa_ address _ city, loan_ valuation.hoa_ address_ state, loan_ valuation.hoa_ address_ zip, loan_ valuation.hoa_ association_ management_ contact_ name, loan_ valuation.hoa_ association_ management_ contact_ phone, loan_ valuation.hoa_ association_ management_ contact_ email_ address

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-04-11): Based on lock date prior to 3/1 - client elects to waive,			04/11/2017
Fee disclosed as ($xx) on (LE dated 02/08/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-04-13): Sufficient cure was provided. No further action required.	04/13/2017
Provide a letter of explanation from the borrower verifying the reason for the gap in employment between graduating [REDACTED] on 05/17/2015 and starting his business on 10/26/2015. Appendix Q requires an explanation for any gaps in employment history over 1 month.		Reviewer Comment (2017-04-13): In accordance with the requirements within Appendix Q under (D)((3)(B) the consumer has between 1-2 years of self employment with more than 1 years of formal training in the line of work is acceptable. (There is not a gap in employment, but rather a 5 month period between graduation and starting the self employed business.)	04/13/2017
Provide a letter of explanation from the borrower verifying the reason for the gap in employment between graduating [REDACTED] on 05/17/2015 and starting his business on 10/26/2015. Appendix Q requires an explanation for any gaps in employment history over 1 month.		Reviewer Comment (2017-04-13): The ATR review against guidelines is not required as the loan meets the self employed timeline requirements within Appendix Q.	04/13/2017
Provide a letter of explanation from the borrower verifying the reason for the gap in employment between graduating dental school on 05/17/2015 and starting his business on 10/26/2015. Appendix Q requires an explanation for any gaps in employment history over 1 month.		Reviewer Comment (2017-04-13): Lender’s Loan designation corresponds to the updated AMC Loan Designation.	04/13/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-17): Wiring instructions have been provided.	04/17/2017
The file is missing the HOA contact, phone number, email address, and tax ID, as required by the guidelines.		Reviewer Comment (2017-04-17): HOA information has been provided.	04/17/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-04-12): Per the client’s guidance, the condition is waived.			04/12/2017
A sufficient cure of $xx was provided at closing for the under disclosure of the appraisal re-inspection fee.		Reviewer Comment (2017-04-12): Cure provided on the final CD.		04/12/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-19): HOA information provided. OK to clear without e-mail address of contact person per AIG.	04/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201649528	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201649528	Compliance	Compliance	Federal Compliance	Rental Income Documentation - 25% Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement not provided or % of gross rents used is greater than 75%. (Non-Subject Investment/25% Vacancy Method)
201649528	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Income and Assets - REO 25% Method	Ability to Repay (Dodd-Frank 2014): Unable to verify Real Estate Owned income (25% Method) using reasonably reliable third-party records. (Non-Subject Investment/25% Vacancy Method)
201649528	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Investor Guidelines Not Provided	Ability to Repay (Dodd-Frank 2014): Unable to determine ability to repay due to missing guidelines. Loan characteristics are 35.88994% DTI, xx%/xx% LTV/CLTV, 789 Credit Score, Occupancy: Primary, Purpose: Purchase,
201649528	Compliance	Compliance	Federal Compliance	NonQM ATR	Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied.
201649528	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201649528	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201649528	Compliance	Compliance	Federal Compliance	TRID Service Provider - Compliant	TILA-RESPA Integrated Disclosure: Settlement Service Provider List did not provide at least one available provider for each settlement service borrower is entitled to shop for or inform borrower they may choose different provider from list.
201649528	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $525.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7507)
201649528	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Fail.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Lender wire instructions have not been provided.		Reviewer Comment (2017-04-19): Wiring instructions have been provided.	04/19/2017
The file is missing a copy of the current lease agreement as required by Appendix Q.		Reviewer Comment (2017-04-19): Current fully-executed lease has been provided.	04/19/2017
The file is missing a copy of the current lease agreement as required by Appendix Q.		Reviewer Comment (2017-04-19): Current fully-executed lease has been provided.	04/19/2017
The file is missing a copy of the current lease agreement as required by Appendix Q.		Reviewer Comment (2017-04-19): Guidelines are provided. System is not picking up on this fact.	04/19/2017
The file is missing a copy of the current lease agreement as required by Appendix Q.		Reviewer Comment (2017-04-19): Current fully-executed lease has been provided.	04/19/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-24): Post close CD with correct closing date, letter of explanation to borrower and evidence of delivery have been provided.		04/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-13): Per the client’s guidance, the condition is waived.			04/13/2017
The SSPL is non-compliant as the disclosure does not disclose any service providers. If there were no fees disclosed in section C of the LE’s, the disclosure would be compliant; however the title fees were disclosed in section C on the LE’s dated 02/28/2017 and 03/15/2017.		Reviewer Comment (2017-04-24): Corrected SSPL has been provided.	04/24/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-04-13): Cure was provided on the final CD.		04/13/2017
The file is missing a copy of the current lease agreement as required by Appendix Q.		Reviewer Comment (2017-04-19): Current fully-executed lease has been provided.		04/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201649528	Credit	Income / Employment	Income Documentation	Income Docs Missing:
201653034	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201653034	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201653034	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-2,858.63 is less than amount of binding Lender Credit previously disclosed in the amount of $-4,899.00. (9300)
201653034	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject hazard insurance policy number is missing from evidence of insurance.
201653035	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201653035	Credit	Assets	Asset Documentation	Assets Error: Accounts are missing
201653036	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/03/01/2017)
201653036	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201653036	Compliance	Compliance	Miscellaneous Compliance	Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD.	Date Issued: 03/24/2017

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing verification of sufficient equity in the vacated property. Per the guidelines, the borrower must have at least 30% in the departure residence in order to use the rental income.		Reviewer Comment (2017-04-19): Appraisal of vacated property has been provided. Borrowers have 47% equity in the property.	04/19/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx.		Reviewer Comment (2017-04-13): Per the client’s guidance, the condition is waived.			04/13/2017
Cure for $2,040.37 decrease in Lender Credit was not provided.		Reviewer Comment (2017-04-20): COC history and rate lock evidence that lock expired 3/15. Borrower requested relock; pricing changed.	04/20/2017
First LE reflects $4,899 Lender Credit (loan was locked) and Final CD reflects $2858.63 Lender Credit. Valid Changed Circumstance was not found in file to justify this decreased lender credit. Note: COC issued 3/15/17 indicates Borrower requested this change. No change was reflected in the Loan amount or the rate.		Reviewer Comment (2017-04-20): COC and rate lock evidence that lock expired 3/15. Borrower requested change is relock; pricing changed.	04/20/2017
The homeowner’s documentation in the file did not contain the policy number. Provide an updated declarations page or policy with the policy number.		Reviewer Comment (2017-05-01): Updated HOI policy information has been provided.	05/01/2017
Seller CD missing from file.		Reviewer Comment (2017-04-24): Per AMC Compliance Department, consumer CD showing seller paid fees and Settlement Agent Disclosure Notice are sufficient to clear this exception.	04/24/2017
Per the guidelines, proof of donor’s ability to provide the gift is required. The file was missing the donor’s ability for the gifts of $45,000, $25,000 and $40,000.		Reviewer Comment (2017-05-08): The copies of the cancelled checks for the gift funds is acceptable to meet the AIG requirement. Reviewer Comment (2017-04-26): Cancelled checks are insufficient to clear this exception. Bank statement showing more than adequate funds is required. Exception remains. Reviewer Comment (2017-04-25): Seller provided the gift letter and the evidence of the funds gifted to the borrower, however proof of the donor’s ability to give the funds was not provided. Please provide proof of the donor’s ability to provide 110,000 in gift funds.	05/08/2017
The file was missing documentation verifying the borrower received a copy of the appraisal at least 3 business days prior to consummation.		Reviewer Comment (2017-04-18): Evidence borrower was provided with a copy of the appraisal more than three days prior to loan consummation has been received.	04/18/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx ($xx dwelling coverage + $xx extended replacement cost coverage). The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value or $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-04-21): Replacement Cost Estimate has been provided. Coverage is sufficient. Reviewer Comment (2017-04-18): Processor’s cert is not sufficient to clear this exception. Please provide actual estimate of replacement cost from the insurance company.	04/21/2017
The FNC Appraisal Score fee in section B of the final CD did not identify the payee. Provide a post-close CD adding the payee and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-19): Corrected post close CD, final settlement statement and OE to borrower have been provided.	04/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201653037	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201653037	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201653041	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/03/27/2017)
201653041	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
201653041	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $125.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75103)
201653041	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201653043	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201653043	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201654928	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201654928	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The number of months of prepaid property taxes in section F of the final CD was blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-19): LOE to borrower, and final settlement statement have been provided. Reviewer Comment (2017-04-18): Corrected post close CD has been provided; however, LOE explaining changes to the borrower and evidence of delivery to the borrower are missing. In addition, since closing costs and cash to/from the borrower has changed, provide final settlement statement verifying that the post close CD reflects how the loan actually closed.		04/19/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-04-18): Wiring instructions have been provided.	04/18/2017
The file was missing documentation verifying the borrowers received a copy of the appraisal on or before closing.		Reviewer Comment (2017-04-19): Evidence of when appraisal was sent to the borrower has been provided.	04/19/2017
Disclosure reflects a negative fee for the Title-Owner’s Policy in Section H for $-675.94. This is TRID non-compliant. The file was missing documentation to verify if the credit was for the simultaneous issue of the lenders and owner’s title policies.		Reviewer Comment (2017-04-25): Post-close CD provided issued 04/24/2017 removed the negative fee amount for the title-owner’s insurance policy in section H.		04/25/2017
		Reviewer Comment (2017-04-13): Cure provided on the final CD.		04/13/2017
Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-12): Client elects to waive. Reviewer Comment (2017-04-25): The seller provided a post-close CD, a revised seller’s CD, and a copy of the final settlement statement, The revised seller’s CD and settlement statement confirmed the seller paid fees were $xx; however the post-close CD only reflects seller paid fees of $xx. The Title-Escrow Fee of $xx and the Utilities cost of $xx were omitted from the post-close CD. Per the TILA regulation, although the consumer costs can be omitted from the sellers CD, there is no corollary allowance for the exclusion of the Seller paid costs from the consumer’s Closing Disclosure. Provide a post-close CD including all of the seller paid closing costs disclosed on the seller’s CD and a letter of explanation sent to the borrower disclosing the changes made. Condition remains.			05/12/2017
The number of months of prepaid property taxes in section F were blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-19): Corrected PCCD with number of months shown has been provided.	04/19/2017
Seller’s CD reflects seller paid fees of $xx. Borrower’s CD reflects seller paid fees of $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-12): Client elects to waive. Reviewer Comment (2017-04-24): Post close CD provided shows seller paid costs of $xx, while seller’s CD shows seller paid fees of $xx. Although the consumer costs can be omitted from the seller’s CD, there is no corollary allowance for the exclusion of the seller paid costs from the consumer’s closing disclosure. Reviewer Comment (2017-04-19): CD Sections C and H should reflect all seller paid closing costs.			05/12/2017
File contains Post-Close CD dated 4/7/2017 reflecting correct closing date of [MM/DD/YYYY], however the letter of explanation did not disclose the closing date change. Provide the letter of explanation to the borrower disclosing the change in closing date.		Reviewer Comment (2017-04-19): LOE to borrower explaining changes has been provided.	04/19/2017
Fees disclosed on the Seller’s Closing Disclosure of $xx are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx.		Reviewer Comment (2017-04-17): Per the client’s guidance, the condition is waived.			04/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201654928	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201654928	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $600.00 exceeds tolerance of $504.00. Insufficent or no cure was provided to the borrower. (7506)
201654928	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $66.84 exceeds tolerance of $33.00. Insufficent or no cure was provided to the borrower. (7520)
201654929	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201654929	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201654929	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee. Fee Amount of $48.50 exceeds tolerance of $40.00. Sufficient or excess cure was provided to the borrower at Closing. (7575)
201654929	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201654929	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201654931	Credit	Loan Package Documentation	Application / Processing	Missing Document: HOA Questionnaire not provided
201654931	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/594164)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
A cure was provided on the post-close CD issued 04/07/2017; however a copy of the refund check or final settlement statement confirming the loan was disbursed including the cure was not in the file.		Reviewer Comment (2017-04-19): The seller provided a PCCD, LOE, and the final settlement statement to confirm the borrower received the tolerance cure.		04/19/2017
Fee disclosed as $xx on the initial LE dated 02/08/2017, but disclosed as $xx on the Final Closing Disclosure. A cure was provided on the post-close CD issued 04/07/2017; however a copy of the refund check or final settlement statement confirming the loan was disbursed including the cure was not in the file.		Reviewer Comment (2017-04-19): The seller provided a PCCD, LOE, and the final settlement statement to confirm the borrower received the tolerance cure.		04/19/2017
Fee disclosed as $xx on the initial LE dated 02/08/2017, but disclosed as $xx on the post-close Closing Disclosure. A cure was provided on the post-close CD issued 04/07/2017; however a copy of the refund check or final settlement statement confirming the loan was disbursed including the cure was not in the file.		Reviewer Comment (2017-04-19): The seller provided a PCCD, LOE, and the final settlement statement to confirm the borrower received the tolerance cure.		04/19/2017
Seller CD fees total $17,309.00, while closing CD seller’s fees total $-0-. The seller paid fees were properly disclosed on the post close CD issued on 3/9 along with a LOE.		Reviewer Comment (2017-04-17): Lender provided Corrected CD and LOE.		04/17/2017
The file was missing documentation verifying the borrower received a copy of the Your Home Loan Toolkit disclosure.		Reviewer Comment (2017-04-24): Evidence of delivery of toolkit has been provided. Reviewer Comment (2017-04-19): Copy of toolkit does not constitute evidence that it was sent to the borrower	04/24/2017
		Reviewer Comment (2017-04-17): Cure provided on the final CD.		04/17/2017
Verification of rent from June 2016 - present has not been provided.		Reviewer Comment (2017-04-19): VOR has been provided.	04/19/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-19): Wiring instructions have been provided.	04/19/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-21): Per client OK to clear although contact e-mail address was not provided.	04/21/2017
Borrower was a full time student prior to attaining full time employment in the same field. Transcripts have been inventoried.		Reviewer Comment (2017-04-17): Full time student status, including the Internship through May 2015 backstops seasonal school counseling position, condition cleared.	04/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201654931	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Investor Guidelines Not Provided	Ability to Repay (Dodd-Frank 2014): Unable to determine ability to repay due to missing guidelines. Loan characteristics are 37.05169% DTI, xx%/xx% LTV/CLTV, 755 Credit Score, Occupancy: Primary, Purpose: Purchase,
201654931	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Risk.
201654931	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201654931	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201654932	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201654932	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $650.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7505)
201654932	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $750.00 exceeds tolerance of $600.00. Insufficent or no cure was provided to the borrower. (7506)
201656813	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201656813	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201656813	Credit	Assets	Asset Calculation / Analysis	Cash available for Closing is insufficient to cover Cash From Borrower.	Calculated Available for Closing of          is less than Cash From Borrower of         .

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Borrower was a full time student prior to attaining full time employment in the same field.		Reviewer Comment (2017-04-17): Loan meets QM requirements, does not require ATR testing to guidelines.	04/17/2017
Borrower was a full time student prior to attaining full time employment in the same field.		Reviewer Comment (2017-04-17): Employment documentation for co-borrower meets Appendix Q requirements, loan is Safe Harbor QM, exception Cleared.	04/17/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-17): Data was corrected on post close CD (SFIG).		04/17/2017
24 month verification of rent has not been provided as required per lender guidelines, first time homebuyers.		Reviewer Comment (2017-04-21): VOR has been provided from management company.	04/21/2017
Seller CD fees total $xx, while closing CD seller’s fees total $xx		Reviewer Comment (2017-04-17): Per the client’s guidance, the condition is waived.			04/17/2017
		Reviewer Comment (2017-04-17): Final CD reflects $800 Lender Credit for tolerance cure.		04/17/2017
		Reviewer Comment (2017-04-17): Final CD reflects $800 Lender Credit for tolerance cure.		04/17/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-04-20): Wiring instructions have been provided.	04/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-04-18): Per the client’s guidance, the condition is waived.			04/18/2017
Proof of closing/funds needed for subject. Per the final CD, the borrowers needed $178,063.52 to close. The documentation in file verified assets of $139,325.52. The file was missing a copy of the borrower’s final Closing Disclosure/Settlement statement from the sale of the prior residence, proof funds were received and that mortgage with [REDACTED] was paid off. The borrower was qualified with net equity of $175,000.00 on the DU. Additional conditions may apply upon receipt.		Reviewer Comment (2017-04-20): Seller’s disclosure from sale of previous residence netting borrower sufficient assets has been provided.	04/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201656813	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.
201657479	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201657479	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201657479	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $800.00 exceeds tolerance of $650.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201657479	Credit	Credit	Misc	Credit Exception:
201657479	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201679667	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201679667	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $48.82 exceeds tolerance of $47.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201679667	Credit	Property - Appraisal	Appraisal Data Integrity	Valuation Error: The valuation subject address does not match the Note.	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201679667	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject city is missing from evidence of insurance.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Per the guidelines, the borrower must retain 9 months PITI reserves for the subject and an addition 6 months for the investment property owned. The file was missing a copy of the borrower’s final Closing Disclosure/Settlement statement from the sale of the prior residence, proof funds were received and that mortgage with [REDACTED] was paid off. The borrower was qualified with net equity of $175,000.00 on the DU. Additional conditions may apply upon receipt.		Reviewer Comment (2017-04-20): Seller’s disclosure from sale of previous residence netting borrower sufficient assets has been provided. Reserve requirement met.	04/20/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-04-21): Wiring instructions have been provided.	04/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-18): Data was corrected on post close CD (SFIG).		04/18/2017
Fee disclosed as ($xx) on (LE dated 01/31/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-04-19): Cure provided on the final CD.		04/19/2017
Per the 1003 and the DU approval, the installment accounts [REDACTED] were not included in the liabilities and were paid by the business. The file was missing documentation verifying the debts were paid by the business. Per the guidelines, evidence must be provided to show the business has paid the debt for the previous twelve month period. The debt must be paid out of the business account.		Reviewer Comment (2017-04-26): 12 months business bank statements have been provided evidencing that the business pays these debts.	04/26/2017
Per the DU approval in the file dated 04/03/2017, submission #7, the credit report dated 02/03/2017 with reference #[REDACTED] was used to qualify. The credit report in the file was dated 02/03/2017 and has a reference #[REDACTED]. Provide the DU approval using the credit report in the file or the credit report used by DU to qualify.		Reviewer Comment (2017-04-26): DU Submission #8 has been provided. It is linked to the credit report in the file with reference #[REDACTED].	04/26/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-04-21): Wiring instructions have been provided.	04/21/2017
Fee disclosed as ($xx) on (LE dated 02/02/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-04-19): Cure provided on the final CD.		04/19/2017
The appraisal disclosed the subject property city as [Redacted]; however the note and all closing documents disclosed the city as [REDACTED]. Provide an updated appraisal with the city matching the note and other closing documentation.		Reviewer Comment (2017-04-25): Seller provided a revised copy of the appraisal correcting the subject city to [REDACTED]. Reviewer Comment (2017-04-21): Processors cert and USPS have been received. However, address must be corrected on the appraisal to match the note and other docs in the file in order to clear this exception.	04/25/2017
The insurance documentation in file disclosed the subject property city as [REDACTED]; however the note and all closing documents disclosed the city as [REDACTED]. Provide an updated insurance policy/declarations page with the city matching the note and other closing documentation.		Reviewer Comment (2017-04-25): Seller provided a revised copy of the insurance policy correcting the subject city to [REDACTED]. Reviewer Comment (2017-04-21): Processors cert and USPS have been received. However, address must be corrected on the homeowners insurance to match the note and other docs in the file in order to clear this exception.	04/25/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201679670	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201679670	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Tax Prepaid Other 1 Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Tax Prepaid - Other under Prepaids. (Final/[MM/DD/YYYY])
201679671	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure 4/10/2017 on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201679671	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/04/05/2017)
201679673	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201679673	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201680228	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Change - Funds For Borrower	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Funds for Borrower. (Final/[MM/DD/YYYY])
201680228	Compliance	Compliance	Federal Compliance	TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 1, 4, 6, or 11)	Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used. (The property state is in the 1st, 4th, 6th, or 11th circuit.)
201680229	Credit	Loan Package Documentation	Application / Processing	Missing Document: HOA Questionnaire not provided
201680229	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-21): Wiring instructions have been provided.	04/21/2017
The number of months of delinquent taxes prepaid in section F of the final CD was blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-24): Final settlement statement provided that confirms post close CD reflects how loan closed. Reviewer Comment (2017-04-21): Corrected post close CD, LOE to borrowers and evidence of delivery have been provided. However, since closing costs and cash to/from borrower have changed, please provide a final settlement statement verifying that the post close CD reflects how the loan closed.	04/24/2017
Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD adding the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-25): Seller provided PCCD, LOE to the borrower, and the final settlement statement including the seller paid fees. Reviewer Comment (2017-04-24): Post close CD, letter of explanation to the borrower and evidence of delivery were provided. However, since closing costs and cash to/from borrower has changed, please provide a final settlement statement confirming that the post close CD reflects how the loan actually closed.		04/25/2017
The file was missing evidence of of the borrower’s receipt of the initial CD issued 04/05/2017.		Reviewer Comment (2017-04-24): Evidence the 4/5/17 CD was sent electronically to the borrowers has been provided.	04/24/2017
Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD adding the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-02): Performed compliance review with Seller paid Fees from an alternative source document. Downgraded exception to EV2-B Reviewer Comment (2017-04-19): Per the client’s guidance, the condition is waived.			04/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-27): Post close CD with seller paid closing costs, letter of explanation to the borrower and evidence of delivery have been provided.		04/27/2017
The Calculating Cash to Close section of the final CD disclosed Funds for Borrower on the LE as $0 and the Final as -$699.98, however Did this Change is answered No. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): Corrected post close CD and letter of explanation to borrowers have been provided.		05/25/2017
The current lender is the same lender as the original transaction on [MM/DD/YYYY].		Reviewer Comment (2017-05-24): Client elects to waive.			05/24/2017
Missing all required information for the HOA.		Reviewer Comment (2017-04-24): Per client, OK to clear without e-mail address for contact person as long as phone number has been provided.	04/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD adding the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-24): Post close CD showing seller paid fees, letter of explanation to the borrower and evidence of delivery have been provided.		04/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201680229	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 2/21/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/02/21/2017)
201680229	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $59.63 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201680231	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201680232	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201680232	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201680232	Credit	Credit	Credit Calculation / Analysis	Guideline Requirement: Representative FICO score discrepancy.	Representative FICO score of      is less than Guideline representative FICO score of     .
201680232	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201680232	Credit	Credit	Misc	Credit Exception:
201683903	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues,loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status,loan_ valuation.hoa_ address_ street,loan_ valuation.hoa_ address_ city,loan_ valuation.hoa_ address_ state,loan_ valuation.hoa_ address_ zip,loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201683903	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Esign agreement in file is dated 03/01/17; however the initial LE issued 02/21/2017 was e-signed 02/23/2017. Provide documentation verifying the borrower’s earlier consent to receive electronic disclosures.		Reviewer Comment (2017-04-24): Evidence borrower consented to receive electronic documents on 2/22/17 ha been received.	04/24/2017
Fee disclosed as ($xx) on (LE dated 02/21/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-04-20): Cure provided on the final CD.		04/20/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-04-25): Seller provided a copy of the wiring instructions.	04/25/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-20): Seller provided a post-close CD and LOE to the borrower disclosing the seller paid fees.		04/20/2017
Lender wire instructions have not been provided.		Reviewer Comment (2017-04-24): Wiring instructions have been provided.	04/24/2017
A lender exception has been approved by [REDACTED] @ AIG to allow the credit score below 740 for a first time homebuyer with compensating factors as described on the exception. AIG to review and waive.		Reviewer Comment (2017-04-24): SEE NEW EXCEPTION REQUESTING WAIVER.	04/24/2017
24 month verification of rent has not been provided as required per lender guidelines, first time home buyers. If the borrowers are renting from an individual 24 months cancelled checks or bank statements are required.		Reviewer Comment (2017-04-24): Satisfactory VOR from management company has been provided.	04/24/2017
EXCEPTION WAIVER REQUEST: Seller is requesting waiver of credit score guideline minimum of 740. Borrower’s FICO is 726.	17.69% DTI on this full documentation loan < 38% guideline max - 20.31% below program guideline maximum Borrowers are prudent users of credit with total monthly obligations of $146.60 on revolving balances of $5,289. xx% LTV, below max allowable of 85%. Borrower on this full documentation loan has a disposable income of $22,634.01. 32.46 months reserves > 12 months guideline minimum	Reviewer Comment (2017-04-25): AIG provided a waiver for the minimum credit score requirement.			04/25/2017
The subject is a site condo. The file was missing all of the required HOA information.		Reviewer Comment (2017-05-02): Required HOA information has been required.	05/02/2017
Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-04-27): Corrected post close CD, letter of explanation to the borrowers and evidence of delivery have been provided.		04/27/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201683903	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 3/6/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/03/06/2017)
201705970	Credit	Credit	Credit Documentation	If condition documentation is not provided within 45 days from the note date, the purchase of this loan will require a written explanation for the delay. For refinance transactions, the hazard policy must not expire within 30 days of purchase
201705970	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201705970	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues,loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status,loan_ valuation.hoa_ address_ street,loan_ valuation.hoa_ address_ city,loan_ valuation.hoa_ address_ state,loan_ valuation.hoa_ address_ zip,loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201707720	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201707720	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201707720	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $166.00 exceeds tolerance of $144.00 plus 10% or $158.40. Insufficient or no cure was provided to the borrower. (0)
201707722	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201707722	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $665.00 exceeds tolerance of $465.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201707722	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained documentation verifying the borrower’s consent to receive electronic documents on 03/27/2016. The initial LE issued 03/06/2017 was signed electronically. Provide documentation verifying the borrower’s consent to receive electronic documents dated on or before 03/06/2017.		Reviewer Comment (2017-04-27): Evidence borrower consented to receive documents electronically on 3/6/17 has been provided.	04/27/2017
		Reviewer Comment (2017-05-08): Satisfactory letter of explanation has been provided for the delay. This is a purchase transaction; hazard insurance is up to date.	05/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-04-25): Per the client’s guidance, the condition is waived, the rate lock date was prior to 03/01/2017.			04/25/2017
The file was missing the required HOA information.		Reviewer Comment (2017-05-05): All required HOA information has been provided.	05/05/2017
Cure for 10% tolerance violation $7.60 was not provided. The file was missing a valid change of circumstance disclosure for the increase in the recording fee.		Reviewer Comment (2017-05-12): Client elects to waive.			05/12/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-12): Client elects to waive.			05/12/2017
$7.60 violation due to increase in recording fee. No evidence of cure. The file was missing a valid change of circumstance disclosure for the increase in the recording fee.		Reviewer Comment (2017-05-19): Corrected post close CD, letter of explanation to borrower and refund check in the amount of $7.60 sent to the borrower have been provided to cure the fee tolerance.		05/19/2017
		Reviewer Comment (2017-05-03): Corrected post close CD with seller paid fees has been provided with letter of explanation to borrower.		05/03/2017
		Reviewer Comment (2017-04-24): Cure of $xx was provided on the final CD.		04/24/2017
Missing all required information for the HOA.		Reviewer Comment (2017-05-03): All required HOA information has been provided..	05/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201707722	Compliance	Compliance	Federal Compliance	Partnership Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Partnership). ([REDACTED] [REDACTED]/Partnership)
201707722	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201707722	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Risk.
201707723	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Risk.
201707723	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201707723	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $695.00 exceeds tolerance of $675.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201707723	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $26.54 exceeds tolerance of $25.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201707723	Compliance	Compliance	Federal Compliance	Farming Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Farming Income). ([REDACTED] [REDACTED]/Schedule F)
201707723	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201707724	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained signed copies of the 2016 1065 for [REDACTED]; however the file was missing the borrower’s signed 2016 1040’s, as required by Appendix Q.		Reviewer Comment (2017-05-04): Compliance department reviewed the documentation and the 2016 1040s were not required based on the application date of [MM/DD/YYYY], the file included the 2014/2015 business returns, and the income was calculated using 2014/2015 and did not include the higher income from 2016. Reviewer Comment (2017-05-02): Seller documentation requesting exception be cleared has been sent to Compliance for review.	05/04/2017
The file contained signed copies of the 2016 1065 for [REDACTED]; however the file was missing the borrower’s signed 2016 1040’s, as required by Appendix Q.		Reviewer Comment (2017-05-04): Compliance department reviewed the documentation and the 2016 1040s were not required based on the application date of [MM/DD/YYYY], the file included the 2014/2015 business returns, and the income was calculated using 2014/2015 and did not include the higher income from 2016. Reviewer Comment (2017-05-02): Seller documentation requesting exception be cleared has been sent to Compliance for review.	05/04/2017
The file was missing a copy of the signed 2016 1040, as required by Appendix Q. The file contained the 2016 signed business tax returns for the borrower’s partnership and S-Corp.		Reviewer Comment (2017-05-04): Compliance department reviewed the documentation and the 2016 1040s were not required based on the application date of [MM/DD/YYYY], the file included the 2014/2015 business returns, and the income was calculated using 2014/2015 and did not include the higher income from 2016. Reviewer Comment (2017-05-02): Seller documentation requesting exception be cleared has been sent to Compliance for review.	05/04/2017
The file is missing the 2016 YTD P&L and the YTD balance sheet for the borrower’s schedule F Farm income, as required by Appendix Q.		Reviewer Comment (2017-05-24): Seller provided the YTD P&L and Balance sheet for the schedule F income. Reviewer Comment (2017-05-23): Signed and dated P&L and balance sheet have been provided for 2017. Documents for 2016 are still required. Reviewer Comment (2017-05-05): YTD P&L has been provided, but it is missing borrower’s signature. Balance sheet has not been provided.	05/24/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-05): Corrected post close CD and letter of explanation to the borrower have been provided.		05/05/2017
		Reviewer Comment (2017-04-24): Cure of $xx was provided on the final CD.		04/24/2017
		Reviewer Comment (2017-04-24): Cure of $xx was provided on the final CD.		04/24/2017
The file is missing the 2016 YTD P&L and the YTD balance sheet for the borrower’s schedule F Farm income, as required by Appendix Q.		Reviewer Comment (2017-05-24): Seller provided the YTD P&L and Balance sheet for the schedule F income. Reviewer Comment (2017-05-23): Signed and dated P&L and balance sheet have been provided for 2017. Documents for 2016 are still required.	05/24/2017
TRID non-compliant. Fees disclosed on the Seller’s Closing Disclosure of $xx are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx.		Reviewer Comment (2017-04-26): Seller provided a post-close CD correcting the seller paid fees. The seller paid fees on the CD matched the seller paid fees on the final settlement statement.		04/26/2017
The file was missing the current lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-05-04): Seller provided proof of the YTD rental income from the property along with the 2016/2015 schedule E. Reviewer Comment (2017-05-01): Income from short term/vacation rental is not a usable form of income. Without this income DTI is 47.57% which exceeds guideline of 43% Reviewer Comment (2017-05-01): .	05/04/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201707724	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/04/05/2017)
201707724	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201707724	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201707724	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Survey Fee. Fee Amount of $375.00 exceeds tolerance of $350.00. Sufficient or excess cure was provided to the borrower at Closing. (75203)
201707724	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201707724	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Risk.
201707724	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 3/3/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/03/03/2017)
201707724	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201707724	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201707724	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained documentation verifying the borrower received a copy of the appraisal on 03/17/2017, which was prior to the revised appraisal report date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the appraisal with the report date of [MM/DD/YYYY].		Reviewer Comment (2017-05-04): Cleared in error in Cleanroom; new condition fired Reviewer Comment (2017-05-02): Nothing new has been provided to address this exception. Reviewer Comment (2017-05-01): Document provided does not constitute evidence of delivery	05/04/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-01): Corrected post close CD, letter of explanation and evidence of delivery to the borrower has been provided.		05/01/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-01): Corrected post close CD, letter of explanation and evidence of delivery to the borrower has been provided.		05/01/2017
A sufficient cure was provided at closing to cure the under disclosure.		Reviewer Comment (2017-04-26): Cure provided on the final CD.		04/26/2017
Insufficient hazard insurance coverage. Hazard insurance reflects coverage amount of $xx. Replacement cost new per appraisal is $xx and the loan amount is $xx There is no evidence of guaranteed or 100% replacement cost coverage.		Reviewer Comment (2017-05-01): Replacement cost estimate has been provided. Coverage is sufficient.	05/01/2017
The file was missing the current lease agreement for the investment property located at [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-05-04): Seller provided proof of the YTD rental income from the property along with the 2016/2015 schedule E. Reviewer Comment (2017-05-01): Income from short term/vacation rental is not a usable form of income. Without this income DTI is 47.57% which exceeds guideline of 43%	05/04/2017
The earliest e-consent disclosure in the file was dated 03/13/2017. The initial LE in file dated 03/03/2017 was electronically signed on 03/03/2017. The file was missing a copy of the borrower’s e-consent dated 03/03/2017 or earlier.		Reviewer Comment (2017-05-01): Evidence of earlier consent to receive documents electronically has been provided.	05/01/2017
The title-endorsement fee, title-settlement fees, and the title-wire/funding fee were disclosed in Section B of the final CD. [Redacted] was the provider and they were not a provider disclosed on the Settlement Service Provider disclosure in the file. The fees should be disclosed in Section C. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-01): Corrected post close CD, letter of explanation and evidence of delivery to the borrower has been provided.		05/01/2017
ECOA Appraisal Provided Prior to Date Performed: The file contained documentation verifying the borrower received a copy of the appraisal on 03/17/2017, which was prior to the revised appraisal report date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the appraisal with the report date of [MM/DD/YYYY].		Reviewer Comment (2017-05-12): SEE NEW EXCEPTION REQUESTING WAIVER.	05/12/2017
Seller is requesting AIG waive the exception for evidence revised appraisal was sent to the borrower.		Reviewer Comment (2017-05-16): AIG Approved the waiver for this exception.			05/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201707728	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201707728	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201707728	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $219.50 exceeds tolerance of $188.00 plus 10% or $206.80. Insufficient or no cure was provided to the borrower. (0)
201707728	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201707730	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201707730	Compliance	Compliance	Federal Compliance	TRID Service Provider - Compliant	TILA-RESPA Integrated Disclosure: Settlement Service Provider List did not provide at least one available provider for each settlement service borrower is entitled to shop for or inform borrower they may choose different provider from list.
201707730	Credit	Loan Package Documentation	Application / Processing	Missing Document: HOA Questionnaire not provided
201707730	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201708281	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201708281	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Cure for 10% tolerance violation $12.70 was not provided. The file did not contain a valid change of circumstance disclosure for the initial CD issued 04/04/2017 verifying the reason for the increased recording fee.		Reviewer Comment (2017-05-05): Refund check, letter of explanation and corrected post close CD reflecting the cure have been provided.		05/05/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-03): Post close CD with seller paid fees has been provided.		05/03/2017
$12.70 violation due to increase in Recording fee. No evidence of cure. The file did not contain a valid change of circumstance disclosure for the initial CD issued 04/04/2017 verifying the reason for the increased recording fee.		Reviewer Comment (2017-05-05): Refund check, letter of explanation and corrected post close CD reflecting the cure have been provided. Reviewer Comment (2017-05-03): Letter of explanation, refund check and to borrower and evidence of delivery have been provided. However, the post close CD does not show the amount of the lender credit/cure/amount by which closing costs exceed the legal limits on the bottom of page 2 or in the Calculating Cash to Close table on page 3. Please provide a corrected post close CD disclosing the $12.70 credit/cure on pages 2 and 3. Exception remains.		05/05/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-05-02): Wiring instructions have been provided.	05/02/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-05): Corrected post close CD, final settlement statement, letter of explanation to borrower and evidence of delivery to borrower have been provided. Reviewer Comment (2017-05-03): CD provided does not show seller paid fees on page 2 as it should. Exception remains. Reviewer Comment (2017-05-01): Final Settlement Statement has been provided. Seller paid fees do not match Sellers CD. Seller paid fees need to be shown on page 2 of the borrower’s CD.		05/05/2017
Borrower was not given service providers to choose from on the service providers list. The Settlement Service Provider list is non-compliant. It is only permissible to not disclose providers if there are not any fees in section C of the LE.		Reviewer Comment (2017-05-02): SEE NEW EXCEPTION REQUESTING WAIVER. Reviewer Comment (2017-05-01): Post close CD has been provided. However, there is no cure for this compliance violation. Seller may request a waiver from AIG.	05/02/2017
Missing all required information for the HOA.		Reviewer Comment (2017-05-01): All required HOA information has been provided.	05/01/2017
Seller is requesting a waiver for the exception regarding the SSPL being non-compliant.		Reviewer Comment (2017-05-19): Seller provided a PCCD, LOX to the borrower and evidence of refund. Reviewer Comment (2017-05-15): Testing all of the fees as zero tolerance results in a tolerance violation of $375.00. Courier increased from $20 on only LE in file to $75 on final and PC CD’s - $50.00 tolerance violation; Title Endorsement Fee of $25.00 was not disclosed on the LE - $25.00 tolerance violation; Notary Fee of $300.00 was not disclosed on the LE - $300.00 tolerance violation. Provide a post-close CD, letter of explanation to the borrower, proof of refund and delivery. Reviewer Comment (2017-05-05): Evidence loan was locked with AIG required for AIG to consider the waiver request.	05/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-08): Corrected post close c CD, letter of explanation and evidence of delivery to the borrower have been provided. Reviewer Comment (2017-05-04): Per CFPB compliance guide, “while consumer costs can be omitted from the seller’s disclosure, there is no corollary allowance for the exclusion of seller paid costs from the consumers closing disclosure.” Real estate commissions are an example of seller paid fees that may not be omitted from the consumer’s CD. Exception remains.		05/08/2017
The file is missing documentation to verify the HOA dues of $116.67 per month for the property located at [REDACTED].		Reviewer Comment (2017-05-04): Documentation of HOA fee on [REDACTED] property has been provided.	05/04/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201710505	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED]
201710505	Compliance	Compliance	Federal Compliance	Retirement Documentation	Qualified Mortgage (Dodd-Frank 2014): Retirement income documentation insufficient. ([REDACTED] [REDACTED]/Pension)
201710505	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Investor Guidelines Not Provided	Ability to Repay (Dodd-Frank 2014): Unable to determine ability to repay due to missing guidelines. Loan characteristics are 35.33429% DTI, xx%/xx% LTV/CLTV, 785 Credit Score, Occupancy: Primary, Purpose: Purchase,
201710505	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Risk.
201710505	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201710507	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201710507	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201710507	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $1,200.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7505)
201710507	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $125.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75103)
201710507	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing the 2014 and 2015 IRS tax transcripts for both borrowers as required by the guidelines.		Reviewer Comment (2017-05-05): IRS Transcripts have been provided. Reviewer Comment (2017-05-03): What has been provided is W-2 Wage Transcripts, not 1040 transcripts.	05/05/2017
The file was missing the most recent pension statement or verification from employer for the co-borrower’s pension income and proof the pension income will continue for a minimum of three years from the date of the Mortgage Loan closing, as required by Appendix Q and the guidelines.		Reviewer Comment (2017-05-11): Evidence from Union that retirement benefits will continue throughout one’s lifetime has been provided. Reviewer Comment (2017-05-09): No explanation for the discrepancy has been provided. Exception remains. Reviewer Comment (2017-05-05): Bank statements provided show deposit of pension in the amount of $1,312.50, which is less than the $1,512.50 used for qualifying. Has the borrower’s pension been reduced? Provide explanation/evidence of continuance.	05/11/2017
The file was missing the most recent pension statement or verification from employer for the co-borrower’s pension income and proof the pension income will continue for a minimum of three years from the date of the Mortgage Loan closing, as required by Appendix Q and the guidelines.		Reviewer Comment (2017-05-05): Known system issue.	05/05/2017
The file was missing the most recent pension statement or verification from employer for the co-borrower’s pension income and proof the pension income will continue for a minimum of three years from the date of the Mortgage Loan closing, as required by Appendix Q and the guidelines.		Reviewer Comment (2017-05-11): Evidence of continuance has been provided. Reviewer Comment (2017-05-05): Bank statements provided show deposit of pension in the amount of $1,312.50, which is less than the $1,512.50 used for qualifying. Has the borrower’s pension been reduced? Provide explanation/evidence of continuance.		05/11/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was . The closing date was corrected on the post-close CD dated 4/18/2017, however a copy of the letter of explanation sent to the borrower disclosing the changes was not provided.		Reviewer Comment (2017-05-03): Letter of explanation for corrected post close CD has been provided.	05/03/2017
Cure for Appraisal Desk Review Fee of $1,200.00 and Appraisal re-inspection fee of $125.00 was not provided.		Reviewer Comment (2017-05-16): a valid change of circumstance for the desk Review Fee and Re-Inspection Fee was provided.		05/16/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-12): Client elects to waive.			05/12/2017
Appraisal Desk Review Fee was disclosed as $xx on the initial LE issued 03/15/2017 and was disclosed as $xx on the final CD. The re-disclosed LE in file dated 04/10/2017 increased the amount to $1,200.00, but the file is missing a valid change of circumstance for the re-disclosed LE.		Reviewer Comment (2017-05-16): Valid change of circumstance for the increased desk review fee on the 4/10 LE has been provided.		05/16/2017
Appraisal Re-Inspection Fee was not disclosed on the initial LE issued 03/15/2017 and was disclosed as $125.00 on the final CD. The re-disclosed LE in file dated 04/10/2017 added the fee, but the file is missing a valid change of circumstance for the re-disclosed LE.		Reviewer Comment (2017-05-16): A valid change of circumstance for the Re-Inspection Fee on the 4/10 LE has been provided		05/16/2017
The HOA documentation provided was missing the management company mailing address.		Reviewer Comment (2017-05-19): HOA information and corrected appraisal have been provided. Reviewer Comment (2017-05-16): HOA mailing address has been provided. Corrected appraisal reflecting property is in a PUD is still required. Reviewer Comment (2017-05-16): Management company mailing address has been provided. Reviewer Comment (2017-05-11): Confirmation that the property is in a PUD has been provided. as previously requested, the mailing address of the HOA is required and the appraisal needs to be amended to reflect PUD. Exception remains. Reviewer Comment (2017-05-09): Seller has commented that the appraisal does not indicate the property is in a PUD. However, the file contains documentation prepared by Ranier Title discussing the [Redacted], indicating status of dues and identifying the contact information for the Association Treasurer (all except the mailing address). In addition, the loan closed with a PUD Rider. If the property is in a PUD, the missing information is required and the appraisal should be corrected to reflect this.. If it is not in a PUD, evidence of such and explanation from Ranier Title is required, along with evidence that the PUD Rider has not or will not be recorded.	05/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201710507	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/175180)
201710507	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/175180)
201710507	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account statement Inaccurate	RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.
201716084	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201716084	Credit	Loan Package Documentation	Application / Processing	HOA Error: Subject is located in a project and HOA Information was not provided.
201716084	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201716085	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201716085	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201716085	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201716085	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The final CD collected a homeowner’s insurance premium of $2,068.00 and escrowed $172.33 per month. The file contained homeowner’s insurance documentation that verified the premium of $1,618.00 or $134.83 per month. Provide a post-close CD correcting the payment amounts on page 1, the prepaid insurance and escrows on page 2, a revised initial escrow account disclosure, a revised first payment letter, and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-23): Corrected post close CD, escrow account disclosure and payment letter, with letter of explanation to the borrowers has been provided.		05/23/2017
The final CD collected a homeowner’s insurance premium of $2,068.00 and escrowed $xx per month. The file contained homeowner’s insurance documentation that verified the premium of $1,618.00 or $134.83 per month. Provide a post-close CD correcting the payment amounts on page 1, the prepaid insurance and escrows on page 2, a revised initial escrow account disclosure, a revised first payment letter, and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-23): Corrected post close CD, escrow account disclosure and payment letter, with letter of explanation to the borrowers has been provided.		05/23/2017
		Reviewer Comment (2017-05-23): Corrected post close CD, escrow account disclosure and payment letter, with letter of explanation to the borrowers has been provided due to change in insurance premium affecting escrows.	05/23/2017
		Reviewer Comment (2017-04-28): Letter of explanation and post-close CD dated 4/17/2017 reflect accurate seller paid fees of $xx.		04/28/2017
Missing all required information for the HOA.		Reviewer Comment (2017-05-09): All required HOA information has been provided. Reviewer Comment (2017-05-05): Name and address of the association have been provided. Name, e-mail address and telephone number of a contact at the HOA have not been provided and are required. Please also provide the association’s tax ID if available.	05/09/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx. The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value or $xx The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-05-12): Revised dec page with sufficient coverage has been provided. Reviewer Comment (2017-05-09): Replacement cost estimate has been provided, but coverage is still insufficient by $23,600. (Policy dec page provided shows Limit of Liability is Actual Loss Sustained for Loss of Use only. This is not guaranteed replacement cost for the dwelling.) Exception remains.	05/12/2017
Fraud Report missing from file.		Reviewer Comment (2017-05-03): Fraud report has been provided.	05/03/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-05-03): Wiring instruction have been provided.	05/03/2017
Home Loan Toolkit missing from file.		Reviewer Comment (2017-05-03): Evidence of delivery of Home Loan Toolkit has been provided.	05/03/2017
Evidence of earlier borrower receipt was not found in file. The only CD in file was the final CD issued 04/19/2017 and signed 04/21/2017.		Reviewer Comment (2017-05-03): Initial CD and evidence it was given to the borrower three days prior to closing has been provided.	05/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201716085	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201716085	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201716085	Credit	Loan Package Documentation	Application / Processing	Missing Document: HOA Questionnaire not provided
201716086	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201716086	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201718384	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201718384	Compliance	Compliance	Miscellaneous Compliance	(Doc Error) GFE Error: There is no evidence that the interest rate was locked prior to closing
201718384	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201718384	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201718385	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Esign consent agreement missing from file.		Reviewer Comment (2017-05-03): Esign Consent Agreement has been provided.	05/03/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-09): Corrected post close CD with all seller paid fees indicated and letter of explanation to the borrower have been provided. Reviewer Comment (2017-05-05): Post close CD has not been provided. Final settlement statement shows additional seller paid fees that need to be reflected on page 2 of the consumer’s CD. Exception remains.		05/09/2017
Missing all of the required HOA information.		Reviewer Comment (2017-05-03): HOA information has been provided. Per client, OK to clear without e-mail address for the contact person.	05/03/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx ($xx dwelling coverage + $xx extended replacement cost coverage). The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value or $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-05-15): Estimated replacement cost calculator has been provided. Coverage is sufficient.	05/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-04): Post close CD with seller paid closing costs along with letter of explanation to borrower and evidence of delivery have been provided.		05/04/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-05-04): Wiring instructions have been provided.	05/04/2017
The file was missing documentation to verify the loan was locked and the lock date.		Reviewer Comment (2017-05-04): Evidence of rate lock, valid change of circumstance and updated LE reflecting lock have been provided.	05/04/2017
The file was missing documentation verifying the borrowers received a copy of the Home Loan Toolkit disclosure.		Reviewer Comment (2017-05-04): Evidence of delivery of Toolkit has been provided.	05/04/2017
The file was missing a copy of the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-05-04): Evidence of consent has been provided.	05/04/2017
The file was missing proof the borrowers received a copy of the Home Loan Toolkit disclosure.		Reviewer Comment (2017-05-05): Evidence of borrower’s receipt of the Toolkit has been provided.	05/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201718886	Compliance	Compliance	Federal Compliance	FACTA Disclosure Missing	FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure.
201718886	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201730380	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201730380	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201730380	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201730382	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201730382	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,410.00 exceeds tolerance of $1,130.00 plus 10% or $1,243.00. Insufficient or no cure was provided to the borrower. (0)
201730382	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Costs Subtotals Seller Paid - At Closing	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Total Closing Costs (Paid by Seller at Closing) that does not match sum of fees. (Final/[MM/DD/YYYY])
201730383	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201730383	Compliance	Compliance	Federal Compliance	General Ability To Repay Provision Investor Guidelines Not Provided	Ability to Repay (Dodd-Frank 2014): Unable to determine ability to repay due to missing guidelines. Loan characteristics are 42.69288% DTI, xx%/xx% LTV/CLTV, 750 Credit Score, Occupancy: Primary, Purpose: Purchase,

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing the FACTA Disclosure.		Reviewer Comment (2017-05-05): FACTA disclosure has been provided.	05/05/2017
		Reviewer Comment (2017-05-03): Per the client’s guidance, the condition is waived, the rate lock date was prior to 03/01/2017.			05/03/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-05-09): Wiring instructions have been provided.	05/09/2017
TRID non-compliant. Fees disclosed on the Seller’s Closing Disclosure of $XX are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $XX. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-09): Post close CD with corrected seller paid costs, letter of explanation and evidence of delivery have been provided.		05/09/2017
The file was missing the required HOA documentation.		Reviewer Comment (2017-05-09): All required HOA information has been provided.	05/09/2017
Cure for 10% tolerance violation ($167.00) was not provided. Note: the file was missing the final settlement statement which would be acceptable if it confirms the loan was disbursed with the borrower receiving the $167.00 tolerance violation cure.		Reviewer Comment (2017-05-09): Final settlement statement verifying cure paid to borrower at closing has been provided.		05/09/2017
($167.00) violation due to increase in (Title - Escrow fee(s)). Post consummation CD dated 04/27/17 reflects a sufficient cure amount of $167.00; however, refund check and evidence of delivery were not found in the file. Note: the file was missing the final settlement statement which would be acceptable if it confirms the loan was disbursed with the borrower receiving the $167.00 tolerance violation cure.		Reviewer Comment (2017-05-09): Final settlement statement verifying cure paid to borrower at closing has been provided.		05/09/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-09): Post close CD reflecting all Seller Paid closing costs has been provided.		05/09/2017
The file is missing the YTD balance sheet for the co-borrower’s sole proprietorship as required by Appendix Q.		Reviewer Comment (2017-05-12): 2017 YTD Balance sheet has been provided.	05/12/2017
The file is missing the YTD balance sheet for the co-borrower’s sole proprietorship as required by Appendix Q.		Reviewer Comment (2017-05-12): 2017 YTD Balance sheet has been provided.	05/12/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201730383	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Risk.
201730383	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201736150	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201736150	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201736150	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Change - Down Payment	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Down Payment/Funds from Borrower. (Final/[MM/DD/YYYY])
201736150	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/04/21/2017)
201736150	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201736150	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201736154	Property	Property - Appraisal	General Appraisal Requirements	HOA Company Contact Name is blank	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201736154	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing the YTD balance sheet for the co-borrower’s sole proprietorship as required by Appendix Q.		Reviewer Comment (2017-05-12): 2017 YTD Balance sheet has been provided.		05/12/2017
Missing Home Loan Toolkit from file.		Reviewer Comment (2017-05-09): Evidence of delivery of the Home Loan Toolkit has been provided.	05/09/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-05-08): Wiring instructions have been provided.	05/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): Post close CD with all seller paid fees and correction to cash to close table along with letter of explanation to borrower have been provided.		05/25/2017
The Final Closing Disclosure reflects $136,000.00 for both the Loan Estimate and the Closing Disclosure, however Did this Change is answered Yes. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): Post close CD with all seller paid fees and correction to cash to close table along with letter of explanation to borrower have been provided.		05/25/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-05-08): Evidence borrower received preliminary CD in 4/21/17 has been provided.	05/08/2017
The file was missing page 3 of the Loan Estimate issued 04/12/2017.		Reviewer Comment (2017-05-09): All pages of the LE dated 4/12 have been provided.		05/09/2017
The file is missing the required HOA information.		Reviewer Comment (2017-05-24): There is not any particular contact but rather a group email per the seller. All information available was received. Reviewer Comment (2017-05-09): All required HOA information has been provided with the exception of a contact person’s name at the association.	05/24/2017
The HOA documentation provided did not include a contact name for the HOA/Management Company.		Reviewer Comment (2017-05-09): Per AIG, OK to clear without contact name	05/09/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. The difference is due to the Title - Settlement/closing fee in the amount of $xx was reflected on the seller’s CD but not on the borrower’s final CD. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-22): Corrected post close CD with seller fees matching seller’s CD and letter of explanation to the borrower have been provided. Reviewer Comment (2017-05-12): Please provide corrected post close CD disclosing the seller paid Title - Settlement Fee and letter of explanation explaining the change to the borrower.		05/22/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201746713	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Additional/04/10/2017)
201746713	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/03/24/2017)
201746713	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201746713	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Insurance Prepaid Other 1 Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Insurance Prepaid - Other under Prepaids. (Final/[MM/DD/YYYY])
201746713	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201746713	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201746713	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201751560	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Cash To Close	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Final value of Cash to Close that does not match the actual sum of Final cash to close figures. (Final/[MM/DD/YYYY])
201751560	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Value - Loan Amount	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Final Loan Amount that does not match actual loan amount for the loan. (Final/[MM/DD/YYYY])
201751560	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Total Closing Costs Exceeds Limits Amount	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Closing Disclosure provided on [MM/DD/YYYY] disclosed a tolerance cure amount that does not match the amount disclosed in the Other Costs table. (Initial/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Evidence of receipt of appraisal not provided in file.		Reviewer Comment (2017-05-11): Evidence of delivery of 3/24 appraisal has been provided.	05/11/2017
Evidence of receipt of appraisal not provided in file.		Reviewer Comment (2017-05-11): Evidence of delivery of 4/10/17 Field Review to borrowers has not been provided. Exception remains.	05/11/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-05-23): Post close CD dated 5/19/17 corrected the date of consummation.		05/23/2017
Line 5 of Section F, number of months is blank.		Reviewer Comment (2017-05-23): Post close CD dated 5/19/17 corrected the number of months of prepaid insurance.		05/23/2017
Line 4 of Section F, number of months is blank.		Reviewer Comment (2017-05-23): Post close CD dated 5/19/17 corrected the number of months of prepaid taxes.		05/23/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): SEE NEW EXCEPTION REQUESTING WAIVER. Reviewer Comment (2017-05-23): Post close CD dated 5/19/17 did not correct the seller paid fees. The Title - Escrow Fee of $1,008.25 shown on the Seller’s CD and Final Settlement Statement is not reflected on the borrower’s CD dated 5/19/17. Exception remains.	05/25/2017
EXCEPTION WAIVER REQUEST: Seller is requesting that the exception for borrower’s CD to reflect all seller paid closing costs be waived.		Reviewer Comment (2017-05-26): PER AIG, the exception is waived.			05/26/2017
Section Calculating Cash to Close does not have the correct loan amount.		Reviewer Comment (2017-05-19): Corrected post close CD, final settlement statement ad letter of explanation to the borrower have been provided.		05/19/2017
Wrong loan amount listed on page 3 of Final CD. $xx vs $xx. Note amount $xx		Reviewer Comment (2017-05-19): Corrected post close CD, final settlement statement ad letter of explanation to the borrower have been provided.		05/19/2017
		Reviewer Comment (2017-05-19): Corrected post close CD, final settlement statement ad letter of explanation to the borrower have been provided.		05/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201751560	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201751563	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201751563	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201751563	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201754289	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201754289	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $75.50 exceeds tolerance of $75.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201754289	Credit	Loan Package Documentation	Application / Processing	Missing Document: HOA Questionnaire not provided
201754289	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201754291	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201754291	Credit	Loan Package Documentation	Application / Processing	Missing Document: HOA Questionnaire not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-05-22): Seller provided proof of the documented maximum insurable value. Reviewer Comment (2017-05-11): Binder is not sufficient to clear this exception. Please provide either dec page or policy as evidence of sufficient insurance.	05/22/2017
Missing HOA address		Reviewer Comment (2017-05-18): The seller provided the required HOA information. Reviewer Comment (2017-05-15): The name of a contact person at the HOA/management company and the mailing address of the management company are required and have not been provided.	05/18/2017
		Reviewer Comment (2017-05-16): The Real Estate Admin fee was inadvertently included in the finance charges. Condition cleared.	05/16/2017
Fees disclosed on the Seller’s Closing Disclosure of $xx are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx.		Reviewer Comment (2017-05-18): Seller provided a post-close CD and letter of explanation to the borrower disclosing the seller paid fees.		05/18/2017
		Reviewer Comment (2017-05-09): Letter of explanation and post close CD dated 5/3/2017 reflect all seller paid fees of $xx.		05/09/2017
		Reviewer Comment (2017-05-09): Cure of $xx was provided on the final CD.		05/09/2017
Missing all required information for HOA.		Reviewer Comment (2017-05-19): The required information has been provided. Reviewer Comment (2017-05-15): The required information consists of: Name, tax ID and mailing address of the association/management company; name, phone number and e-mail address of a contact person at the association/management company.	05/19/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-05-15): Wiring instructions have been provided.	05/15/2017
Disbursement date of [MM/DD/YYYY] reflected on Final CD is prior to Right to Cancel Expiration date of [MM/DD/YYYY]		Reviewer Comment (2017-05-18): Seller provided a post-close CD correcting the disbursement date.		05/18/2017
Missing all required information for the HOA.		Reviewer Comment (2017-05-18): Seller provided the required HOA information.	05/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201754291	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201754291	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $170.00 exceeds tolerance of $150.00 plus 10% or $165.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201754291	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201754291	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201754292	Credit	Loan Package Documentation	Application / Processing	Missing Document: HOA Questionnaire not provided
201754292	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201754292	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $775.00 exceeds tolerance of $525.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201754292	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $1,200.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75104)
201754292	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $41.00 exceeds tolerance of $20.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201754292	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney Review Fee. Fee Amount of $125.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7588)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]).		Reviewer Comment (2017-05-18): Seller provided a post-close CD correcting the closing date.		05/18/2017
($5.00) violation due to increase in (Recording fee(s)).		Reviewer Comment (2017-05-18): Cure provided on the final CD		05/18/2017
The seller provided a post-close CD to correct the closing date and disbursement date; however the post-close CD added a fee of $20.00 to section B for the Title-Recording Service Fee. The fee does not cause a tolerance issue; however it is disclosed in the incorrect section. The fee should be disclosed in section C since the provider is not on the SSPL in file. Provide a post-close CD moving the fee to section C and a letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): Corrected post close CD and letter of explanation to the borrower have been provided.		05/25/2017
Hazard insurance expires within 60 days of Closing. Note date 4/24, Policy in file expires 6/7/17. Please provide updated policy,		Reviewer Comment (2017-06-01): Updated policy dec page has been provided covering 3/7/17 - 6/7/18.	06/01/2017
Missing all required information for the HOA.		Reviewer Comment (2017-05-18): Seller provided the required HOA information	05/18/2017
		Reviewer Comment (2017-05-18): Seller provided a post-close CD and LOE to the borrower adding the seller paid fees.		05/18/2017
Fee disclosed as ($xx) on (LE dated 03/09/17), but disclosed as ($xx) on Final Closing Disclosure.		Reviewer Comment (2017-05-18): Cure provided on final CD		05/18/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-05-18): Cure provided on final CD		05/18/2017
Fee disclosed as ($20.00) on (LE dated 03/09/17), but disclosed as ($41.00) on Final Closing Disclosure.		Reviewer Comment (2017-05-19): Cure provided on the final CD.		05/19/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-05-18): Cure provided on final CD		05/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Final CD evidences Cure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201754293	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201754293	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.
201754293	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201754293	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201754293	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201766432	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues,loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status,loan_ valuation.hoa_ address_ street,loan_ valuation.hoa_ address_ city,loan_ valuation.hoa_ address_ state,loan_ valuation.hoa_ address_ zip,loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201766432	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201766432	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/04/18/2017)
201766432	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201766432	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-05-15): Wiring instructions have been provided.	05/15/2017
		Reviewer Comment (2017-05-22): The affiliate that the lender disclosed on the ABA was not ultimately used on the loan and instead, an unaffiliated appraisal company was used. As a result, the ABA is not required to be provided given there was no referral made to an affiliate involved in the transaction. Reviewer Comment (2017-05-15): The Affiliated Business Arrangement Disclosure is required and must be given to the borrower within three days of application. It is not specific to California properties. Exception remains.	05/22/2017
Seller’s CD reflects $xx. Borrower’s CD reflects $xx. Data is still not accurate on subsequent CD.		Reviewer Comment (2017-05-25): Post close CD has been provided. Reviewer Comment (2017-05-23): A post close CD has been provided; however, the seller paid fees do not match the seller’s CD in the file. In addition, seller paid taxes were added to Section F, but the number of months this payment covers was not indicated.	05/25/2017
		Reviewer Comment (2017-06-02): Seller’s CD has been provided Reviewer Comment (2017-05-30): Final settlement statement cannot be accepted in lieu of seller’s CD. Exception remains. Reviewer Comment (2017-05-25): The seller’s CD in the file is for the transaction in which the borrowers sold their previous residence. Please provide seller’s CD for this transaction reflecting seller paid closing costs matching the final CD provided.	06/02/2017
		Reviewer Comment (2017-06-02): Seller-paid closing costs on seller’s CD match those shown on the final post close CD submitted in trailing docs.		06/02/2017
The file is missing the required HOA information.		Reviewer Comment (2017-05-24): Sufficient HOA information has been provided.	05/24/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-05-19): Wiring instructions have been provided.	05/19/2017
File contained documentation verifying the borrower received a copy of the appraisal on 04/07/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-05-19): SEE NEW EXCEPTION REQUESTING WAIVER.	05/19/2017
The Title-Survey fee was reflected in section B, should be in section C. The provider used is not listed on SSPL. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-19): Seller provided corrected post close CD and letter of explanation to the borrower.		05/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-19): Seller has provided a corrected post close CD and letter of explanation of changes to the borrower.		05/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201766432	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201766433	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201766433	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $500.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7508)
201766433	Credit	Assets	Asset Calculation / Analysis	Cash available for Closing is insufficient to cover Cash From Borrower.	Calculated Available for Closing of      is less than Cash From Borrower of     .
201766433	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201766435	Compliance	Compliance	Federal Compliance	TRID Revised Loan Estimate Timing Before Closing	TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 4/19/2017 not received by borrower at least four (4) business days prior to closing. (Interim/04/19/2017)
201766435	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/185411)
201766435	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/185411)
201766435	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201766435	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
seller is asking that the exception requiring evidence of delivery of the revised appraisal to the borrower be waived, as the changes were clerical in nature and had no effect on the report.		Reviewer Comment (2017-05-23): AIG has approved the waiver exception.			05/23/2017
Seller Disclosure fees are $xx and the Final Closing Disclosure fees are $xx		Reviewer Comment (2017-05-24): SEE NEW EXCEPTION REQUESTING WAIVER. Reviewer Comment (2017-05-23): Seller has provided a combined post close CD, updating the seller paid fees om page 2 and in the Seller’s Transaction section of page 3.. In order for this to be used to replace the Seller’s CD originally provided, it must be signed by the seller.	05/24/2017
		Reviewer Comment (2017-05-11): Final CD reflects $5750 Lender Credit hich includes $500 tolerance cure.		05/11/2017
Asset worksheet indicates $100,000 was withdrawn from borrower’s 401K account, however no evidence of withdrawal found in file.		Reviewer Comment (2017-05-19): evidence of withdrawal was provided.	05/19/2017
EXCEPTION WAIVER REQUEST: HomeStreet is requesting waiver of exception to provided seller’s CD and consumer’s CD with matching seller paid fees.		Reviewer Comment (2017-05-31): AIG has approved the waiver.			05/31/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-05-22): Evidence the LE dated 4/19 was sent electronically to the borrowers on that date has been provided.	05/22/2017
The final CD signed at closing on [MM/DD/YYYY] indicates the estimated escrow payment was $1,206.64 per month, the actual escrow payment was $xx The difference is due to the insurance premium verified on the declarations page in the file was $xx and the CD disclosed $1,504.00 was paid before closing. Provide either a copy of the updated declarations page disclosing the $1,504.00 premium or a post-close CD with the corrected escrow payment, a letter of explanation sent to the borrower disclosing the changes, a revised first payment letter and initial escrow account disclosure, and proof of any refund and delivery due to the borrower.		Reviewer Comment (2017-06-02): Corrected post close CD , letter of explanation, revised first payment letter and revised initial escrow disclosure have been provided. Reviewer Comment (2017-06-02): . Reviewer Comment (2017-05-24): First payment letter and initial escrow disclosure showing the corrected escrow amounts have been provided and are acceptable. However, the initial escrow payment on page 2 Section G of the post close CD dated 5/18 has an incorrect calculation for the homeowners insurance and does not match the initial escrow account disclosure or the initial escrow payment on page 4 of the CD. Reviewer Comment (2017-05-24): .		06/02/2017
The final CD signed at closing on [MM/DD/YYYY] indicates the estimated total minimum payment was $5,852.94 per month, the actual estimated total minimum payment was $xx. The difference is due to the insurance premium verified on the declarations page in the file was $xx and the CD disclosed $1,504.00 was paid before closing. Provide either a copy of the updated declarations page disclosing the $1,504.00 premium or a post-close CD with the corrected escrow payment, a letter of explanation sent to the borrower disclosing the changes, a revised first payment letter and initial escrow account disclosure, and proof of any refund and delivery due to the borrower.		Reviewer Comment (2017-06-02): Corrected post close CD , letter of explanation, revised first payment letter and revised initial escrow disclosure have been provided. Reviewer Comment (2017-05-24): First payment letter and initial escrow disclosure showing the corrected escrow amounts have been provided and are acceptable. However, the initial escrow payment on page 2 Section G of the post close CD dated 5/18 has an incorrect calculation for the homeowners insurance and does not match the initial escrow account disclosure or the initial escrow payment on page 4 of the CD. Reviewer Comment (2017-05-24): .		06/02/2017
The number of months of prepaid property taxes in section F of the final CD were blank. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-24): The number of months of prepaid taxes on the 5/18 CD was corrected.	05/24/2017
Cure for credit report fee of $5.00 was not provided.		Reviewer Comment (2017-05-24): Sufficient cure was provided on the 5/18 post close CD.	05/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201766435	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $25.00 exceeds tolerance of $20.00. Insufficent or no cure was provided to the borrower. (7520)
201766435	Compliance	Compliance	Federal Compliance	TRID non-compliant: There is a partially completed TRID disclosure in file, which is insufficient to complete testing.
201766435	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account statement Inaccurate	RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.
201770923	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201770923	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201770923	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201770923	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201770923	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $420.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75103)
201770923	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201770924	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/03/31/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as $xx on the LE’s and initial CD, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2017-05-24): Sufficient cure was provided on the 5/18 post close CD.	05/24/2017
The file contained a copy of the Closing Disclosure executed at closing. The disclosure is illegible. Provide a legible copy of the final CD executed at closing.		Reviewer Comment (2017-05-24): A legible copy of the CD signed at closing has been provided.		05/24/2017
		Reviewer Comment (2017-05-24): N/A. This is a result of the escrow amount being corrected on a post close CD and post close corrected IEAD.	05/24/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-05-23): Wiring instructions have been provided.	05/23/2017
The file was missing the required HOA information.		Reviewer Comment (2017-05-25): All required HOA information has been provided. Reviewer Comment (2017-05-23): The required information is as follows (a complete project questionnaire is not necessary): Name, mailing address and tax ID of the association/management company and the name, e-mail address and phone number of a contact person at the association/management company.	05/25/2017
The file was missing a VOR or cancelled checks for the borrowers rental history for the last 6 months since the sale of the prior residence.		Reviewer Comment (2017-05-25): Verification of satisfactory rental payment history has been provided.	05/25/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): Post close CD and letter of explanation to the borrower have been provided. Reviewer Comment (2017-05-23): A post close CD was provided, but it, and the letter of explanation to the borrower, still reflect the incorrect closing date of [MM/DD/YYYY]. A post close CD with closing date of [MM/DD/YYYY], matching the notary signature date, and corrected letter of explanation, are still required. Exception remains.		05/25/2017
A sufficient cure for the under disclosure was provided at closing.		Reviewer Comment (2017-05-19): Cure provided on the final CD		05/19/2017
Due to the fact that disbursement date, cash to/from borrower and seller paid closing costs have changed on the post close CD, compared to the final CD that was in the file, a final settlement statement is required to verify that the post close CD represents how the loan actually closed.		Reviewer Comment (2017-06-19): Seller provided a post-close CD correcting the seller paid fees matching the seller’s CD and the cash to the borrower matching the final settlement statement. Reviewer Comment (2017-06-15): Seller provided a copy of the final settlement statement. The settlement statement did not match the post-close CD dated 05/24/2017. The CD disclosed a $150.00 Title - Courier fee and $40.00 recording fee. The settlement statement did not disclose the Title-Courier Fee and identified the recording fee as paid before closing. The post-close CD disclosed $1,291.45 cash to the borrower while the settlement statement disclosed $1,481.45. Provide a post-close CD matching the final settlement statement and a letter of explanation sent to the borrower disclosing the changes made. Condition remains Reviewer Comment (2017-05-31): A CD issued 4/24/17 and seller’s CD dated 4/24/17 have been provided on 5/30/17. These reflect no seller paid fees, which is different from the CD initially provided and the CD dated 5/24 which was subsequently provided. (There is also an error in the closing costs paid at closing on page 3, Section K of the CD issued 4/24 and provided on 5/30 . It does not match page 2 section J. If this is the final CD, a corrected version will be required.) In order to determine which buyer’s CD and seller’s CD are correct, a copy of the final settlement statement is required. Exception remains. Reviewer Comment (2017-05-30): Final settlement statement has not been provided. Exception remains.	06/19/2017
Evidence that the applicant was provided a copy of the appraisal has not been provided.		Reviewer Comment (2017-05-25): Evidence of delivery of the appraisal has been provided.	05/25/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201770924	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201770924	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201770924	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA Prepaid Association Fee. Fee Amount of $87.58 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75142)
201770924	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201770926	Credit	Loan Package Documentation	Application / Processing	Missing Document: HOA Questionnaire not provided
201770926	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Change - Down Payment	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Down Payment/Funds from Borrower. (Final/[MM/DD/YYYY])
201770926	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201770927	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues,loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status,loan_ valuation.hoa_ address_ street,loan_ valuation.hoa_ address_ city,loan_ valuation.hoa_ address_ state,loan_ valuation.hoa_ address_ zip,loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201770927	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201770929	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Cure for HOA Prepaid Association Fee of $87.58 was not provided.		Reviewer Comment (2017-05-25): A post close CD and letter of explanation to the borrower has been provided. The fee was moved from Section B to Section H on the post close CD, which is the proper disclosure of this fee, so this is no longer a 0% fee tolerance violation.		05/25/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): SEE NEW EXCEPTION REQUESTING WAIVER.	05/25/2017
Fee was not disclosed on Loan Estimate. Provide a post-close CD, a copy of the refund check, proof of delivery, and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): A post close CD and letter of explanation to the borrower has been provided. The fee was moved from Section B to Section H on the post close CD, which is the proper disclosure of this fee, so this is no longer a 0% fee tolerance violation		05/25/2017
EXCEPTION WAIVER REQUEST: Seller is requesting that the exception for a post close CD with seller paid fees matching the seller’s CD be waived.		Reviewer Comment (2017-05-26): AIG has approved the waiver.			05/26/2017
Missing all required information for the HOA		Reviewer Comment (2017-05-26): Sufficient HOA information has been provided.	05/26/2017
Closing Disclosure reflects change from $xx to xx, however Did this Change is answered No. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-05): Seller provided a post-close CD correcting the Calculating Cash to Close Section and the seller paid fees matching the seller’s CD. Reviewer Comment (2017-06-01): The post close CD provided indicates seller paid $xx in closing costs, while the seller’s CD indicates seller paid closing costs of $xx. Provide a corrected post close CD that matches the sellers CD and letter of explanation to the borrower. Exception remains.		06/05/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-06-01): Wiring instructions have been provided.	06/01/2017
Missing all required information for HOA		Reviewer Comment (2017-05-23): HOA information has been provided.	05/23/2017
		Reviewer Comment (2017-05-19): Seller provided a post-close CD adding the seller paid fees.		05/19/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-30): Corrected post close CD and letter of explanation to the borrowers have been provided.		05/30/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201770929	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201770929	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201770930	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201770930	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/655499)
201770930	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201770930	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $225.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75174)
201770930	Credit	Assets	Asset Documentation	Assets Error: Usability was not provided
201770930	Credit	Credit	Misc	Credit Exception:
201770930	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201770930	Credit	Assets	Asset Calculation / Analysis	Guideline Requirement: Available for Reserves discrepancy.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-30): SEE NEW EXCEPTION REQUESTING WAIVER.	05/30/2017
EXCEPTION WAIVER REQUEST: seller is asking that the exception for a post close CD with seller fees that match the seller’s CD be waived.		Reviewer Comment (2017-05-31): AIG has approved the waiver request.			05/31/2017
Fee was not disclosed on Loan Estimate. There is a post consummation CD in file that was delivered to the borrower removing the Survey Fee of $225, however there is no proof of the refund to the borrower or a copy of the final settlement statement confirming the loan was disbursed without the survey fee.		Reviewer Comment (2017-05-23): A letter of explanation to the borrower explaining that the survey fee was moved from Section B to Section H has been provided. (No evidence of refund is required.)		05/23/2017
Per Appendix Q, any gap of employment one month or greater is required to be explained in a letter from the borrower. The file was missing the letter of explanation for the gap in employment between 08/17/2016 to 09/29/2016.		Reviewer Comment (2017-05-23): A satisfactory letter regarding the gap in employment has been provided.	05/23/2017
Per Appendix Q, any gap of employment one month or greater is required to be explained in a letter from the borrower. The file was missing the letter of explanation for the gap in employment between 08/17/2016 to 09/29/2016.		Reviewer Comment (2017-05-23): A satisfactory letter of explanation for the gap in employment has been provided.		05/23/2017
Fee was not disclosed on Loan Estimate. There is a post consummation CD in file that was delivered to the borrower removing the Survey Fee of $225, however there is no proof of the refund to the borrower or a copy of the final settlement statement confirming the loan was disbursed without the survey fee.		Reviewer Comment (2017-05-23): A letter of explanation to the borrower explaining that this fee was moved from Section B to Section H on the post close CD has been provided. (No proof of refund is required.)	05/23/2017
The file is missing a copy of the check or wire confirmation to the title company supporting $187,461.35 out of the borrower’s [REDACTED] checking account was used for closing.		Reviewer Comment (2017-05-23): A copy of the check and evidence of the source of funds (borrower’s [REDACTED] account) has been provided.	05/23/2017
The file is missing proof of taxes, insurance and HOA dues if any for the borrower’s investment property located on [Redacted].		Reviewer Comment (2017-05-23): Evidence of mortgage, HELOC, taxes, insurance and HOA on [Redacted] property has been provided.	05/23/2017
The file was missing a copy of the HUD/CD from the sale of the property located at [REDACTED] to confirm the property was sold and support the large deposit in the [REDACTED] account.		Reviewer Comment (2017-05-23): Closing documents from sale of [REDACTED] have been provided.	05/23/2017
Per the guidelines, the borrower was required to retain $65,782.17 in reserves, 9 months for the subject property ($47,100.33) and 6 months for the investment property ($18,681.84). The reserves verified in file were equal to $13,608.42, which were short $47,1400.33. Note: the DU and final 1003 disclosed retirement reserves of $87,674.66; however the retirement account statement was not provided.		Reviewer Comment (2017-05-23): three months of retirement pan asset statements have been provided.	05/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201770931	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201770931	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201770931	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201777018	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
201777018	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201777018	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201777021	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201777021	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201777021	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201777021	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-19): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		05/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-19): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		05/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-19): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		05/19/2017
Purchase contract reflects an initial deposit of $xx. Final Closing Disclosure does not reflect a deposit in Calculating Cash to close. Summaries of Transactions discloses the EMD in section L, line 08, under adjustments, but should have been disclosed in Section L line 01.		Reviewer Comment (2017-05-24): Corrected post close CD and letter of explanation to the borrower have been provided.		05/24/2017
	778 representative FICO score >680 guideline minimum - 98 points above guideline minimum 109.13 months reserves > 21 months guideline minimum - borrowers have verified reserves of $468,241.22.	Reviewer Comment (2017-06-02): Client elects to waive.			06/02/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): . Reviewer Comment (2017-05-24): Corrected post close CD and letter of explanation to the borrower has been provided.		05/24/2017
The file was missing the YTD Balance sheet for the co-borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-05-31): P&L and balance sheet have been provided. Loan is now Safe harbor QM. Reviewer Comment (2017-05-26): P&L Statement has been provided. Balance sheet is still required for the sole proprietorship, as per Appendix Q.	05/31/2017
The file was missing the YTD Balance sheet for the co-borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-05-31): P&L and balance sheet have been provided. Loan is now Safe harbor QM. Reviewer Comment (2017-05-26): P&L Statement has been provided. Balance sheet is still required for the sole proprietorship, as per Appendix Q.		05/31/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-07): Seller provided a post-close CD adding the seller paid fees. Reviewer Comment (2017-05-26): Corrected post close CD with all seller fees has been provided. However, letter of explanation to the borrower as evidence of delivery has not been provided. Exception remains.		06/07/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-05-24): Wiring instructions have been provided.	05/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201777021	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $750.00 exceeds tolerance of $660.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201777023	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201777023	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201777023	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201777023	Credit	Credit	Misc	Credit Exception:
201777023	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Recording Service Fee. Fee Amount of $12.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (8325)
201777023	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject address is missing from evidence of insurance.
201788320	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201788320	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 3/16/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/03/16/2017)
201788320	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-05-17): Lender provided $90 credit at close to the borrower.		05/17/2017
A copy of the lender’s wiring instructions were not provided.		Reviewer Comment (2017-05-24): Wiring instructions have been provided.	05/24/2017
		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): Post close CD with corrected seller paid closing costs and letter of explanation to the borrower have been provided.		05/25/2017
The file was missing the final closing statement from sale of previous home. The loan was qualified with at least $xx in net equity from the sale of the property.		Reviewer Comment (2017-05-24): Seller’s CD from sale of previous residence has been provided evidencing payoff of SWBC mortgage and netting borrowers $117,884.41.	05/24/2017
		Reviewer Comment (2017-05-22): Cure provided on the final CD		05/22/2017
The insurance documentation provided did not disclose the property address in the location description. Provided a revised copy of the policy/declarations page disclosing the property address.		Reviewer Comment (2017-06-15): The seller provided a copy of the revised homeowner’s insurance policy with the property address added. Reviewer Comment (2017-06-12): The homeowner’s documentation provided was still missing the property address in the property information section. Condition remains	06/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-25): Post close CD and letter of explanation to the borrower have been received.		05/25/2017
The documentation in file verified the borrowers consent to receive electronics documentation on 03/17/2017; however the initial LE was e-signed 03/16/2017. Provide proof of the borrowers consent to receive electronic documentation on or before 03/16/2017.		Reviewer Comment (2017-05-25): Evidence borrower consented to receive electronic disclosures on 3/16/17 has been provided.	05/25/2017
Fee was not disclosed on Loan Estimate. The file contained a post-close CD and letter of explanation sent to the borrower disclosing the recording service fee was removed; however the file is missing a copy of the refund check and proof of delivery or a copy of the final settlement statement verifying the loan disbursed without the recording service fee being charged.		Reviewer Comment (2017-05-25): Final Settlement Statement evidencing loan closed without the recording service fee has been provided with letter of explanation to the borrower.		05/25/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201788320	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Recording Service Fee. Fee Amount of $68.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (8325)
201788322	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201788322	Compliance	Compliance	Federal Compliance	FACTA Disclosure Missing	FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure.
201788322	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201788322	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201788322	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201788322	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201788325	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201788325	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201788326	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee was not disclosed on Loan Estimate. The file contained a post-close CD and letter of explanation sent to the borrower disclosing the recording service fee was removed; however the file is missing a copy of the refund check and proof of delivery or a copy of the final settlement statement verifying the loan disbursed without the recording service fee being charged.		Reviewer Comment (2017-05-25): Final Settlement Statement evidencing loan closed without the recording service fee has been provided with letter of explanation to the borrower.		05/25/2017
The file is missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-05-24): Wiring instructions have been provided.	05/24/2017
The file was missing a copy of the FACTA Credit Score Disclosure.		Reviewer Comment (2017-05-24): FACTA Credit Score Disclosure has been provided.	05/24/2017
The file was missing proof of the borrowers consent to receive electronic documents.		Reviewer Comment (2017-05-24): Borrowers’ consent to receive electronic documents has been provided.	05/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-21): Seller provided a post-close CD correcting the seller paid fees.		06/21/2017
The file is missing the required Fraud Report for both borrowers.		Reviewer Comment (2017-05-24): Satisfactory fraud report has been provided.	05/24/2017
		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-05-26): Wiring instructions have been provided.	05/26/2017
		Reviewer Comment (2017-05-24): Fraud report has been provided.	05/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201788326	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201788326	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201788327	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201788327	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201788327	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $1,050.00 exceeds tolerance of $925.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)
201788328	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201788328	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201788328	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201788328	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201788328	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-24): Post close CD showing correct seller paid costs and letter of explanation to the borrower have been provided.		05/24/2017
		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Lender wire instructions were not provided.		Reviewer Comment (2017-05-24): Wiring instructions have been provided.	05/24/2017
		Reviewer Comment (2017-05-18): Letter of Explanation & Corrected Closing Disclosure provided dated 5/09/2017 reflects accurate seller paid fees of $xx.		05/18/2017
		Reviewer Comment (2017-05-18): Cure of $xx was provided on the final CD.		05/18/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-05-24): Wiring instructions have been provided.	05/24/2017
		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The file was missing a copy of the seller’s CD. Note: the borrower’s CD disclosed seller paid fees of $xx. If the seller’s CD discloses seller paid fees that don’t match the borrower’s CD’s seller paid fees, provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-26): A copy of the seller’s CD has been provided.	05/26/2017
The seller’s CD has been provided in trailing docs. It indicates that the seller paid $xx in closing costs. Provide a post close consumer’s CD with the seller paid closing costs totaling this amount itemized on page 2 and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-09): Seller provided a copy of the final seller’s CD matching the seller paid fees on the post-close CD. Reviewer Comment (2017-06-05): The post-close CD issued 05/31/2017 disclosed seller paid closing costs of $xx; however the seller CD provided disclosed $xx in seller paid closing costs. Provide a copy of the final settlement statement or a revised post-close CD matching the seller paid fees on the seller’s CD. Condition remains	06/09/2017
		Reviewer Comment (2017-06-09): Seller provided a post-close CD correcting the seller paid fees. The fees matched the final seller’s CD. Reviewer Comment (2017-06-05): The post-close CD issued 05/31/2017 disclosed seller paid closing costs of $xx; however the seller CD provided disclosed $xx in seller paid closing costs. Provide a copy of the final settlement statement or a revised post-close CD matching the seller paid fees on the seller’s CD. Condition remains		06/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201811454	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201811454	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201811454	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201811454	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201811454	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201811454	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account statement Inaccurate	RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.
201811455	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201811455	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
201811455	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201811460	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-05-23): Seller provided a post-close CD correcting the disbursement date to [MM/DD/YYYY].		05/23/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-05-25): Wiring instructions have been provided.	05/25/2017
		Reviewer Comment (2017-05-18): Letter of Explanation & Corrected Closing Disclosure dated 5/9/2017 reflect correct closing date of [MM/DD/YYYY].		05/18/2017
The finance charge disclosed on the final CD was $633,236.33; however the calculated finance charge is $xx. The difference is due to the Subordination Fee of $300.00 was not included in the prepaid finance charges.		Reviewer Comment (2017-06-05): Seller provided a post-close CD and proof of delivery and the refund check to cure the $300.00 finance charge violation.		06/05/2017
		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The post-close CD disclosed the homeowner’s premium of $108.35 per month based on the updated insurance documentation in the file. The final CD and initial escrow account disclosure was qualified with a homeowner’s insurance premium of $107.76. Provide a revised Initial Escrow Account Disclosure and first payment letter to match the escrow account information and payment on the post-close CD.		Reviewer Comment (2017-06-15): Seller provided a copy of the revised initial escrow account disclosure and first payment letter correcting the homeowner’s insurance premium and payment.	06/15/2017
		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The Calculating Cash to Close section of the final CD did not disclose the $7,306.50 deposit disclosed in the Summaries of Transactions section.		Reviewer Comment (2017-05-23): Seller provided a post-close CD correcting the deposit amount in the calculating cash to close section.		05/23/2017
		Reviewer Comment (2017-05-23): Seller provided a post-close CD correcting the seller paid fees.		05/23/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-31): Corrected post close CD showing all seller paid fees has been provided along with letter of explanation to the borrower. Reviewer Comment (2017-05-25): In reviewing the Seller’s CD, it is apparent that the fees charged to the seller are related to this transaction. Seller paid costs are required to be disclosed to the borrower, with the exception of the seller’s mortgage payoff or the amount the seller receives from the sale. Exception remains.		05/31/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201811460	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $800.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)
201811460	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201811461	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201811461	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 3/15/2017. ([REDACTED]/S-Corp)
201811461	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201811461	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201811461	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $600.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7507)
201811461	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201819060	Compliance	Compliance	State Compliance	Rhode Island Home Loan (Prohibited Acts and Practices Regarding High-Cost Home Loans Disclosure Not Signed)	Rhode Island Home Loan: Prohibited Acts and Practices Regarding High-Cost Home Loans disclosure not properly executed.
201819060	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-05-19): Cure of $xx was provided on the final CD.		05/19/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-05-25): Wiring instructions have been provided.	05/25/2017
		Reviewer Comment (2017-05-25): Wiring instructions have been provided.	05/25/2017
The file is missing the 2016 personal tax returns and 1120S. Evidence of extension provided in file for 2016. The file contained a copy of the 2014 and 2015 1040’s and 1120S.		Reviewer Comment (2017-06-09): see new exception requesting waiver	06/09/2017
Cure of $xx was reflected, which is insufficient to cure $600.00.		Reviewer Comment (2017-06-01): Post close CD was provided reflecting cure of $xx.		06/01/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-09): Seller provided a post-close CD correcting the seller paid fees. Reviewer Comment (2017-06-01): Post close CD provided still indicates seller paid fees of $xx. To match the seller’s CE, a post close CD indicating seller paid fees of $xx is required, with letter of explanation to borrower explaining the changes made.		06/09/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-06-01): Post close CD reflecting cure of $xx has been provided along with letter of explanation to the borrower and evidence of delivery of check for $xx to cure the violation.		06/01/2017
The seller is requesting a waiver for the tax return recency condition. Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 3/15/2017. ([REDACTED]/S-Corp).		Reviewer Comment (2017-06-12): Client has elected to waive the condition.			06/12/2017
The application disclosure is not signed by the lender.		Reviewer Comment (2017-06-01): A copy of the disclosure signed by the lender has been provided.	06/01/2017
The home loan toolkit has not been provided.		Reviewer Comment (2017-06-05): Seller provided proof of delivery of the disclosure. Reviewer Comment (2017-06-01): A copy of the toolkit has been provided. This does not constitute evidence it was given to the borrower within three days of appllcation. Exception remains.	06/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201819060	Compliance	Compliance	State Compliance	Rhode Island Home Loan (Prohibited Acts and Practices Regarding Home Loans Disclosure Not Signed)	Rhode Island Home Loan: Prohibited Acts and Practices Regarding Home Loans Disclosure not properly executed.
201819060	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201819060	Compliance	Compliance	State Compliance	Rhode Island Home Loan (High Cost Analysis Not In File)	Rhode Island Home Loan: Loan file did not contain record(s) documenting high-cost home loan analysis.
201819060	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201819060	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201819060	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201819061	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201819061	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201819061	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201819061	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The disclosure has not been signed by the lender.		Reviewer Comment (2017-06-01): A copy of the disclosure signed by the lender has been provided.	06/01/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-06-01): A corrected post close CD and letter of explanation to the borrower have been provided.		06/01/2017
The high cost disclosure has not been provided.		Reviewer Comment (2017-06-05): Seller provided proof of the high cost analysis.	06/05/2017
		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The file was missing the YTD Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q. Note: the 2016 schedule C verified positive income; however 2015 shows a loss and the two year average is required to be used for qualification.		Reviewer Comment (2017-06-15): Seller provided a copy of the YTD Balance Sheet. Reviewer Comment (2017-06-05): Seller provided a copy of the YTD P&L; however the loan is still missing a copy of the YTD balance sheet, as required by Appendix Q.	06/15/2017
The file was missing the YTD Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q. Note: the 2016 schedule C verified positive income; however 2015 shows a loss and the two year average is required to be used for qualification.		Reviewer Comment (2017-06-15): Seller provided a copy of the YTD Balance Sheet. Reviewer Comment (2017-06-05): Seller provided a copy of the YTD P&L; however the loan is still missing a copy of the YTD balance sheet, as required by Appendix Q.	06/15/2017
Per the guidelines, a 24 month rental history is required to be verified for first time home buyers. Cancelled checks are required if the borrower rents from a private landlord.		Reviewer Comment (2017-05-26): Satisfactory 24 month rental payment history has been provided.	05/26/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-06): Seller provided a CDA report supporting the appraised value.	06/06/2017
Cure for Loan Discount fee of $3,520.00 was not provided.		Reviewer Comment (2017-05-31): No cure required, as post close CD in file evidences that the seller paid the loan discount fee of $3,250.	05/31/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. The post-close CD provided 03/30/2017 disclosed seller paid fees of $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-13): Seller provided a post-close CD correcting the seller paid fees. Reviewer Comment (2017-05-31): Final post close CD and final settlement statement must match. Settlement statement provided shows seller paid fees of $xx + $xx credit = $xx, while the post close CD shows $xx + $xx credit = $xx. Exception remains. Reviewer Comment (2017-05-26): Settlement statement is not acceptable in lieu of buyer’s CD with seller paid closing costs shown on page 2. Exception remains.		06/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201819061	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $10,560.00 exceeds tolerance of $7,040.00. Insufficent or no cure was provided to the borrower. (7200)
201819061	Compliance	Compliance	Federal Compliance	TRID Revised Loan Estimate Timing Before Closing	TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 2/21/2017 not received by borrower at least four (4) business days prior to closing. (Interim/02/21/2017)
201819061	Credit	Property - Appraisal	Appraisal Data Integrity	Valuation Error: The valuation subject address does not match the Note.	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201819061	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject city is missing from evidence of insurance.
201819063	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201819063	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/04/11/2017)
201819063	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201819063	Credit	Property - Appraisal	Appraisal Data Integrity	Valuation Error: The valuation subject address does not match the Note.	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201819063	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject city is missing from evidence of insurance.
201819063	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as $xx on LE dated 03/08/2017, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2017-05-31): Post close CD evidences that the seller paid the difference in discount points, or $3,520.		05/31/2017
The LE issued 02/21/2017 was executed 03/23/2017 and the file did not contain proof of the borrower’s earlier receipt.		Reviewer Comment (2017-05-31): Evidence the LE was provided to the borrower on 2/21/17 has been provided.	05/31/2017
The appraisal disclosed the subject property city as [REDACTED]; however the note, title, and other closing documentation disclosed the subject city as [REDACTED]. Provide a revised appraisal with the correct city.		Reviewer Comment (2017-06-05): The seller provided a revised appraisal correcting the street address.	06/05/2017
The homeowner’s documentation in file disclosed the subject property city as [REDACTED]; however the note, title, and other closing documentation disclosed the subject city as [REDACTED] Provide a revised insurance declarations page or policy with the correct city.		Reviewer Comment (2017-06-01): Corrected homeowners insurance dec page has been provided.	06/01/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received. Reviewer Comment (2017-06-06): Client elects to waive.	06/07/2017
File contained documentation verifying the borrower received a copy of the appraisal on 04/06/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-02): SEE NEW EXCEPTION REQUESTING WAIVER. Reviewer Comment (2017-05-31): Per AIG’s 2/3/17 Announcement, effective with all loans locked on or after 3/1/17, AIG will require all versions of the appraisal report and any other evaluation documents obtained during the loan process, to be included in the closed loan package submitted to AIG for review. The appraiser must provide comments as to who made the change request, why the request was made, what was changed, and whether the value was impacted as a result. The borrower must have received all versions of each evaluation within the required time frame prior to the loan closing. Exception remains.	06/02/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made. The difference is due to the seller paid a wire fee of $20.00 disclosed on the seller’s CD and final settlement statement, but not disclosed on the borrower’s CD.		Reviewer Comment (2017-05-31): Corrected post close CD and letter of explanation to the borrower have been provided.		05/31/2017
Per the note, other closing docs, and the flood cert, the subject city is [REDACTED]. The appraisal disclosed the city as [REDACTED]. Provide a revised appraisal correcting the property city.		Reviewer Comment (2017-05-26): Verification that [REDACTED] and [REDACTED] are one in the same has been provided.	05/26/2017
Per the note, other closing docs, and the flood cert, the subject city is [REDACTED]. The homeowner’s insurance documentation disclosed the city as [REDACTED]. Provide a revised homeowner’s insurance declarations page or policy correcting the property city.		Reviewer Comment (2017-05-26): Verification that [REDACTED] and [REDACTED] are one in the same has been provided.	05/26/2017
EXCEPTION WAIVER REQUEST: Seller is requesting waiver of exception to provide evidence borrower was provided the updated appraisal report, based on their understanding of appraisal delivery requirements; they were of the understanding that delivery is only required if the original report expires or if there is a loan program change such as conventional to FHA, which requires a different type of appraisal.		Reviewer Comment (2017-06-06): Client elects to waive.			06/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201819063	Credit	Property - Appraisal	Appraisal Documentation	Missing Document: Final Inspection / 442 not provided
201819063	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
201819064	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201819064	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject address is missing from evidence of insurance.
201819064	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201819067	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201819067	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201819067	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201819068	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201819068	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Provide a final inspection/442 verifying the remaining improvements detailed in the escrow hold back were complete, final grade and city walk.		Reviewer Comment (2017-06-13): Post funding condition: The appraisal was completed subject to completion per plans and specifications. The file contained an escrow hold-back agreement with the seller for $890.00 for the completion of the final grading and city sidewalk, Correspondent to provide final inspection evidencing that all escrow items have been completed and evidence that escrow funds have been disbursed. All improvements are to be completed by 8/24/17 per the Escrow Holdback Agreement.	06/13/2017
The file was missing a copy of the escrow hold back agreement disclosed on the 442. The completion cert states the subject improvements were complete on the date of re-inspection with the exception of the following: final grade and city walk were not complete. There is no impact on the opinion of subject’s market value. Escrow holdback is $850.		Reviewer Comment (2017-06-13): Seller provided a copy of the escrow holdback agreement.	06/13/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Per the note, other closing docs, and the flood cert, the subject street address is [REDACTED]. The homeowner’s insurance documentation disclosed the street address as [REDACTED]r. Provide a revised homeowner’s insurance declarations page or policy correcting the street address.		Reviewer Comment (2017-05-26): Corrected HOI dec page has been received.	05/26/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-26): Corrected post close CD with all seller paid costs and letter of explanation to borrower have been provided.		05/26/2017
The Home loan toolkit disclosure has not been provided in the loan documents.		Reviewer Comment (2017-05-26): Evidence of timely delivery of the Home Loan Toolkit has been provided.	05/26/2017
The Title - Title Examination was disclosed in section B of the final CD. The provider was not on the SSPL and the fee should have been disclosed in section C. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-26): Corrected post close CD has been provided.		05/26/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The number of months of prepaid property taxes was blank in section F of the final CD. The number of months was corrected on the post-close CD; however a copy of the letter of explanation sent to the borrower disclosing the changes on the post-close CD was not provided.		Reviewer Comment (2017-05-30): Corrected post close CD and letter of explanation to the borrower along with evidence of delivery have been provided.		05/30/2017
The Closing Costs Financed was not disclosed in the Calculating Cash to Close section of the final CD. The calculated amount is $xx. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-30): Corrected post close CD and letter of explanation to the borrower along with evidence of delivery have been provided.		05/30/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201819068	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/04/28/2017)
201819068	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201819068	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201821799	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201821799	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-2,000.00. (9300)
201821799	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $145.00 exceeds tolerance of $110.00 plus 10% or $121.00. Insufficient or no cure was provided to the borrower. (0)
201821799	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $2,715.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201821799	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201821799	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $450.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7507)
201821799	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
File contained documentation verifying the borrower received a copy of the appraisal on 04/26/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-05): Seller provided proof the borrower received a copy of the appraisal on 04/28/2017.	06/05/2017
The file is missing the YTD Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-06-19): Seller provided a YTD balance sheet.	06/19/2017
The file is missing the YTD Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-06-19): Seller provided a YTD balance sheet.	06/19/2017
Cure of $xx was reflected, which is insufficient to cure $3,189.00.		Reviewer Comment (2017-05-31): Post close CD removed need for $24 cure; COC removed need for $2,715 cure; cure of $xx provided is now sufficient (xx)		05/31/2017
The lender credit was disclosed as $2,000.00 on the initial LE, but was removed from the final CD. The file was missing a valid change of circumstance disclosure verifying the removal of the lender credit.		Reviewer Comment (2017-05-31): Valid Change of Circumstance has been provided for removal of the lender credit.		05/31/2017
$24.00 violation due to increase in the recording fees. No evidence of cure. Note: the fee was increased on the initial CD; however a valid change of circumstance disclosure was not provided.		Reviewer Comment (2017-05-31): Post close CD reducing recording fees to $88, below what was disclosed and letter of explanation to the borrower have been provided. Cure no longer required		05/31/2017
Loan Discount Points fee was re-disclosed in the amount of $2,715 on LE dated 4/26/2017 but the file is missing a valid change of circumstance for the re-disclosed LE verifying the increase of the Loan Discount Points.		Reviewer Comment (2017-05-31): Seller provided valid COC	05/31/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-31): SEE NEW EXCEPTION REQUESTING WAIVER.	05/31/2017
		Reviewer Comment (2017-05-19): Cure of $xx was provided on the final CD.		05/19/2017
EXCEPTION WAIVER REQUEST: Seller is requesting waiver of exception for a post close CD reflecting all seller paid closing costs.		Reviewer Comment (2017-05-31): AIG has approved the waiver.			05/31/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201825301	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201825301	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201825301	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201825301	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201825304	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201825304	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
201825304	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201825305	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201825305	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues, loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status,loan_ valuation.hoa_ address_ street,loan_ valuation.hoa_ address_ city,loan_ valuation.hoa_ address_ state,loan_ valuation.hoa_ address_ zip,loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201825305	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
TRID non-compliant. The initial Closing disclosure issued on 04/21/2017 reflects it was received on 4/17/2017, prior to the date issued. Provide an explanation for the date variance.		Reviewer Comment (2017-05-26): Letter of explanation has been provided.	05/26/2017
The file is missing a copy of the required fraud report.		Reviewer Comment (2017-05-26): Fraud report has been provided.	05/26/2017
Provide a corrected initial CD reflecting the actual date issued as 4/17/17.		Reviewer Comment (2017-05-31): Initial CD reflecting the correct issue date has been provided.	05/31/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The VVOE in file for the co-borrower’s current employer is not within 10 days of closing. The VVOE provided is dated 4/14/17 and the consummation date is [MM/DD/YYYY].		Reviewer Comment (2017-06-01): A verbal VOE acceptable to clear this exception has been provided.	06/01/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Note: the file contained a post-close CD that verified $5xx in seller paid fees. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made or a copy of the final settlement statement that matches the seller paid fees on the post-close CD.		Reviewer Comment (2017-06-01): a pots close CD and final seller’s CD have been provided and bot disclose the same amount for seller paid fees.		06/01/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The file was missing the required HOA information.		Reviewer Comment (2017-06-05): Seller provided the required HOA information.	06/05/2017
E-sign consent was not located in file.		Reviewer Comment (2017-06-01): E - Sign consent has been provided.	06/01/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201825305	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201825305	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
201825305	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201825305	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/05/03/2017)
201825306	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201825306	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201832670	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201832670	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201832670	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201832670	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,043.00 exceeds tolerance of $937.00 plus 10% or $1,030.70. Insufficient or no cure was provided to the borrower. (0)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Finance charge disclosed on the final CD was $xx. Calculated finance charge is $xx . The finance charge was properly disclosed on the post close CD dated 5/16. The post-close CD verified $xx of the $xx seller credit was allocated for the prepaid finance charges.		Reviewer Comment (2017-05-24): Finance charge disclosed on the final CD was $491,724.99. Calculated finance charge is $491,619.99 . The finance charge was properly disclosed on the post close CD dated 5/16. The post-close CD verified $2,016.00 of the $4,000.00 seller credit was allocated for the prepaid finance charges.		05/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Note: post-close CD broke down the $4,000.00 seller credit only. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-01): Corrected post close CD and letter of explanation to the borrower with all seller paid fees disclosed as per seller’s cD have been provided.		06/01/2017
Evidence Homeloan Tool kit was provided to borrower was not located in file.		Reviewer Comment (2017-06-01): Evidence Toolkit was sent to the borrower with initial disclosures has been provided.	06/01/2017
Evidence of earlier borrower receipt has not been provided.		Reviewer Comment (2017-06-01): Letter of explanation has been provided - the 5/3 CD was only sent to the title company; it was not sent to the borrower	06/01/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-06-01): Wiring instructions have been provided.	06/01/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-31): Corrected post close CD and letter of explanation to the borrower have been provided.		05/31/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-31): Corrected post close CD and letter of explanation to the borrower have been provided.		05/31/2017
		Reviewer Comment (2017-05-25): Cure provided on the final CD		05/25/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201832672	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201832672	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201832672	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Title Bringdown Fee. Fee Amount of $75.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7543)
201832673	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201832673	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201832673	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201832675	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201832675	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201832675	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201832675	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account statement Inaccurate	RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Cure for Title - Title Bringdown fee of $75.00 was not provided.		Reviewer Comment (2017-06-02): Corrected post close CD, letter of explanation to the borrower, refund check and evidence of delivery have been provided.		06/02/2017
Title - Title Bringdown Fee of $75.00 was not disclosed on Loan Estimate and was disclosed on the final CD. No cure was provided for the 0% tolerance violation.		Reviewer Comment (2017-06-02): Corrected post close CD, letter of explanation to the borrower, refund check and evidence of delivery have been provided.		06/02/2017
Lender wire instructions have not been provided.		Reviewer Comment (2017-06-01): Wiring instructions have been provided.	06/01/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-09): Seller provided a post-close CD and a copy of the seller’s CD verifying the fees matched.		06/09/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-09): Seller provided a post-close CD correcting the closing date.		06/09/2017
		Reviewer Comment (2017-06-06): Seller provided a copy of the Doc Magic Loan Detail Report verifying the lender’s Loan Designation. Reviewer Comment (2017-05-31): Fraud report (which was already in the file) was provided with trailing docs. what is needed is an compliance report. Exception remains.	06/06/2017
The file was missing the YTD Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-06-06): Seller provided a copy of the YTD balance sheet for the borrower’s sole proprietorship.	06/06/2017
The file was missing the YTD Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-06-06): Seller provided a copy of the YTD balance sheet for the borrower’s sole proprietorship.	06/06/2017
The final CD issued 05/04/2017 disclosed an initial escrow payment at closing of $xx; however the initial escrow account disclosure disclosed the beginning escrow account balance of $3,043.72. Provide a copy of the revised initial escrow account disclosure.		Reviewer Comment (2017-05-31): Corrected Initial Escrow Account Disclosure has been provided.	05/31/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201832675	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201832675	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
201832675	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201832676	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201832676	Compliance	Compliance	Federal Compliance	Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.	Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.
201832676	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201832676	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201832677	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201832677	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201832677	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The final CD disclosed the borrower prepaid 12 months of the homeowner’s insurance premium in section F for $30.00. The annual premium is $1,005.00. Provide a post-close CD correcting the number of months of prepaid homeowner’s insurance and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-31): Corrected post close CD and letter of explanation to the borrower have been provided.		05/31/2017
The number of months of prepaid property taxes in section F was disclosed as 0. Provide a post-close CD correcting the number of months of prepaid property taxes and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-31): Corrected post close CD and letter of explanation to the borrower have been provided.		05/31/2017
The cash to the borrower on the post close CD has increased since the previous CD provided at closing. Provide either a final settlement statement showing that the post close CD reflects how the loan actually closed, or a letter of explanation to the borrowers and copy of refund check provided for the difference.		Reviewer Comment (2017-06-06): Seller provided a copy of the post-close CD that matched the final settlement statement. The loan was disbursed matching the post-close CD.	06/06/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-02): CDA provided. No variance in value from original report.	06/02/2017
Broker compensation disclosure has not been provided.		Reviewer Comment (2017-05-31): Broker compensation disclosure has been provided.	05/31/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-31): Corrected post close CD with correct closing date has been provided.		05/31/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-05-31): Corrected post close CD with all seller paid fees has been provided.		05/31/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-06): Seller provided a copy of the CDA report supporting the appraised value.	06/06/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-06): Seller provided a post-close CD correcting the closing date. Reviewer Comment (2017-06-02): Letter of explanation has been reviewed and is not sufficient to clear this exception. Provide a corrected post close CD with correct closing date matching notary date 5/4/17 and letter of explanation to the borrower. Exception remains.		06/06/2017
The final CD disclosed the disbursement date as [MM/DD/YYYY] which was prior to three (3) business days from transaction date of [MM/DD/YYYY].		Reviewer Comment (2017-05-26): Seller provided a post-close CD correcting the disbursement date to [MM/DD/YYYY].		05/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201832679	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201832680	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201832680	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201832680	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201832680	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $193.00 exceeds tolerance of $175.00 plus 10% or $192.50. Sufficient or excess cure was provided to the borrower at Closing. (0)
201832680	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $665.00 exceeds tolerance of $650.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201832680	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201832681	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201832681	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201832681	Credit	Borrower and Mortgage Eligibility	Mortgage / Program Eligibility	Guideline Requirement: Loan to value discrepancy.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-06-01): Wiring instructions have been provided.	06/01/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-01): Corrected post close CD showing all seller paid costs and letter of explanation to the borrower have been provided.		06/01/2017
		Reviewer Comment (2017-05-25): Lender provided $15.50 credit to borrower at close.		05/25/2017
		Reviewer Comment (2017-05-25): Lender provided $15.50 credit to borrower at close.		05/25/2017
The homeowner’s insurance documentation verified dwelling coverage of $xx and extended replacement cost coverage of 50% or $xx. The coverage amount was insufficient. Provide proof the dwelling coverage disclosed on the declarations page was the maximum insurable value or the policy contains guaranteed replacement cost coverage.		Reviewer Comment (2017-06-01): Insurer’s Replacement cost Estimate has been provided. Coverage is sufficient.	06/01/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-02): Post close CD with seller fees and letter of explanation to the borrower have been provided. Reviewer Comment (2017-06-01): Post close CD with correct seller paid fees has been provided, but there is no letter or explanation to the borrower accompanying it. Exception remains.		06/02/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-06-05): Seller provided a copy of the wiring instructions.	06/05/2017
The lender calculated the LTV/CLTV using the appraised value of $xx from the 2nd appraisal in file with a report date of [MM/DD/YYYY]; however the original appraisal completed with a report date of [MM/DD/YYYY] has a value of $xx. Per the guidelines, the lower of the two values is required to be used. Note: the file did not contain MI coverage and the loan amount exceeds the guideline max for the 95% LTV program.		Reviewer Comment (2017-06-14): See new condition requesting waiver. Reviewer Comment (2017-06-02): Seller has provided letter of explanation regarding the two appraisals. This is insufficient to cure this exception. Exception remains.	06/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201832681	Credit	Property - Appraisal	General Appraisal Requirements	Valuation Error: Field review effective date not provided.
201832681	Credit	Credit	Misc	Credit Exception:
201832682	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201832682	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
201832682	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201832682	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
201832683	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201832683	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201832683	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201866318	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The field review in file disclosed an effective date of the appraisal under review as 09/07/2016. The file did not contain an appraisal with an effective date matching the field review. The two appraisals in the file had effective dates of [MM/DD/YYYY] and [MM/DD/YYYY]. Unable to determine which appraisal the field review value is supporting.		Reviewer Comment (2017-06-02): field review indicates effective date of appraisal under rerview is [MM/DD/YYYY].	06/02/2017
The seller is requesting a waiver to use the higher of the two appraisals in file to calculate the LTV/CLTV. The higher valued appraisal was supported by a field review and a desk review.	36.11% DTI on this full documentation loan < 43% guideline max - 6.89% below program guideline maximum 776 representative FICO score > 680 guideline minimum - 96 points above guideline minimum	Reviewer Comment (2017-06-21): Client has elected to waive the condition.			06/21/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The file was missing a pay stub for the borrower to verify the monthly income of $14,149.22 used to qualify.		Reviewer Comment (2017-06-05): Seller provided three pay stubs to verify the borrower’s income.	06/05/2017
The annual homeowner’s insurance premium prepaid in section F of the final CD was disclosed as $862.00; however the amount of homeowner’s insurance escrowed in section G was $82.42 per month or $989.00 annually. Provide a post-close CD correcting the annual premium amount and a letter of explanation sent to the borrower disclosing the changes. Note: if the correct annual premium is $862.00 provide a post-close CD correcting the escrow amounts, a letter of explanation sent to the borrower disclosing the changes made, a revised 1st payment letter, a revised initial escrow account disclosure and proof of any refund due to the borrower and proof of delivery.		Reviewer Comment (2017-06-12): Seller provided a post-close CD correcting section G and pages 1 and 3 with the correct escrow information.		06/12/2017
Per the final CD and initial escrow account disclosure, the amount of homeowner’s insurance escrowed per month was $82.42 or $989.00 per year. However, the declarations page and the amount disclosed in section F of the final CD in the file verified an annual premium of $862.00. Provide a copy of the declarations page verifying the annual premium of $989.00.		Reviewer Comment (2017-06-12): Post-close CD was provided correctly using the HOI premium disclosed on the final CD in the escrow section.	06/12/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The file was missing a copy of the initial CD, the only CD’s in the file were the final CD issued 05/11/2017 and the post-close CD issued 05/15/2017.		Reviewer Comment (2017-06-02): A copy of the initial CD has been provided. Reviewer Comment (2017-05-31): A copy of the 4/27/17 LE was provided, but that does not satisfy the exception. Evidence that the borrowers had 3 days to review the CD prior to closing is required.	06/02/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-02): seller paid closing costs on seller’s CD and final consumer CD are consistent. seller provided LOE and corrected post close CD Reviewer Comment (2017-05-31): A post close CD and letter of explanation have been provided. However, the seller paid fees on the CD dated 5/30 total $xx with no additional seller credit, while the seller’s CD shows seller paid fees of $xx, a difference of $xx. Exception remains		06/02/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201866318	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_ valuation.hoa_ association_ management_ company_ name, loan_ valuation.hoa_ association_ management_ company_ tax_ num, loan_ valuation.hoa_ dues,loan_ valuation.hoa_ payment_ frequency,loan_ valuation.hoa_ dues_ status,loan_ valuation.hoa_ address_ street,loan_ valuation.hoa_ address_ city,loan_ valuation.hoa_ address_ state,loan_ valuation.hoa_ address_ zip,loan_ valuation.hoa_ association_ management_ contact_ name,loan_ valuation.hoa_ association_ management_ contact_ phone,loan_ valuation.hoa_ association_ management_ contact_ email_ address
201866318	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201866318	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201866318	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201866318	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201866318	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
201866321	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201866321	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201866321	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201866321	Compliance	Compliance	Federal Compliance	Partnership Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Partnership). ([REDACTED] [REDACTED]/Partnership)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The required HOA information has not been provided.		Reviewer Comment (2017-06-08): Seller provided the required HOA information.	06/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-05): Seller provided a post-close CD and letter of explanation sent to the borrower adding the seller paid fees. Reviewer Comment (2017-06-01): Seller provided the corrected PCCD however the LOX to the borrower was not provided. Please provide an LOX to the borrower reflecting the reason for the PCCD. Exception remains.		06/05/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-06-01): Seller provided the wire instructions.	06/01/2017
The file was missing the YTD Balance sheet for the co-borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-06-13): Seller provided a copy of the YTD P&L and Balance Sheet. Reviewer Comment (2017-06-08): The documentation provided identified as the balance sheet was not a balance sheet and was a P&L statement disclosing income and expenses. Condition remains Reviewer Comment (2017-06-05): Seller provided a copy of the YTD P&L; however the file was missing a copy of the YTD Balance Sheet, as required by Appendix Q. Condition remains.	06/13/2017
The file was missing the YTD Balance sheet for the co-borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-06-13): Seller provided a copy of the YTD P&L and Balance Sheet. Reviewer Comment (2017-06-08): The documentation provided identified as the balance sheet was not a balance sheet and was a P&L statement disclosing income and expenses. Condition remains Reviewer Comment (2017-06-05): Seller provided a copy of the YTD P&L; however the file was missing a copy of the YTD Balance Sheet, as required by Appendix Q. Condition remains.	06/13/2017
Provide documentation verifying the homeowner’s insurance policy was in effect as of the note date or the disbursement date. The homeowner’s documentation in file verified an effective date of 05/17/2017 which was after the note date of [MM/DD/YYYY] and the disbursement date of [MM/DD/YYYY] per the final CD.		Reviewer Comment (2017-06-21): Evidence insurance was in force as of the disbursement date has been provided.	06/21/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-05-30): Seller provided a post-close CD correcting the closing date.		05/30/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made. Note: the file contained a post-close CD issued 05/19/2017 that disclosed $xx in seller paid closing costs; however the post-close CD did not match the seller’s CD.		Reviewer Comment (2017-06-07): Seller provided a post-close CD correcting the seller paid fees.		06/07/2017
The file is missing a signed copy of the 2016/2015 1065’s for the borrower’s partnership, as required by Appendix Q.		Reviewer Comment (2017-06-14): Seller provided a copy of the signed partnership returns for 2015/2016. Reviewer Comment (2017-06-07): The seller provided additional copies of the 2016/2015 1065’s for the borrower’s partnership; however the tax returns are still not signed. Condition remains	06/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201866321	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201866322	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201866322	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201866322	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $625.00 exceeds tolerance of $525.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201866322	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201866324	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201866329	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201866329	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201866329	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201866329	Compliance	Compliance	Federal Compliance	TRID Interim Closing Disclosure Esign Consent Agreement Timing	ESIGN Act - Closing Disclosure provided on 5/3/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/05/03/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a signed copy of the 2016/2015 1065’s for the borrower’s partnership, as required by Appendix Q.		Reviewer Comment (2017-06-14): Seller provided a copy of the signed partnership returns for 2015/2016. Reviewer Comment (2017-06-07): The seller provided additional copies of the 2016/2015 1065’s for the borrower’s partnership; however the tax returns are still not signed. Condition remains	06/14/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-06-01): Seller provided the wire instructions as required.	06/01/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Sufficient cure of xx was provided at closing to cure the under disclosure.		Reviewer Comment (2017-05-30): Cure provided on the final CD.		05/30/2017
The DU in the file was approved with a loan amount of xx; however the loan amount per the note was $xx. Provide a revised DU approval matching the final terms of the loan.		Reviewer Comment (2017-06-05): Seller provided a revised DU correcting the loan amount. Reviewer Comment (2017-06-01): Seller provided a document labeled “DU Findings” however the doc provided was the Collateral DNA appraisal Score and not the DU. Exception Remains.	06/05/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received. Reviewer Comment (2017-06-06): Client elects to waive.	06/07/2017
The file was missing documentation verifying the lender’s QM Loan Designation.		Reviewer Comment (2017-06-13): Seller provided a copy of the Mavent report.	06/13/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Note: the file contained a post-close CD correcting the closing date issued on 05/18/2017; however a copy of the letter of explanation sent to the borrower disclosing the changes was not provided.		Reviewer Comment (2017-06-06): Seller provided a post-close CD correcting the closing date.		06/06/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The file contained a copy of the e-consent disclosure dated 04/14/2017, however the form was not signed and the earliest signed consent was dated and signed on 05/05/2017. Provide proof of the borrower’s earlier consent to receive electronic documents dated on or before 04/14/2017.		Reviewer Comment (2017-06-06): Seller provided proof of the borrowers consent to receive electronic documents dated 04/13/2017.	06/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201866329	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 4/14/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/04/14/2017)
201866329	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 4/18/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Interim/04/18/2017)
201866329	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201866331	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201866331	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201866333	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201866333	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201866333	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201866334	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201866334	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained a copy of the e-consent disclosure dated 04/14/2017, however the form was not signed and the earliest signed consent was dated and signed on 05/05/2017. Provide proof of the borrower’s earlier consent to receive electronic documents dated on or before 04/14/2017.		Reviewer Comment (2017-06-06): Seller provided proof of the borrowers consent to receive electronic documents dated 04/13/2017.	06/06/2017
The file contained a copy of the e-consent disclosure dated 04/14/2017, however the form was not signed and the earliest signed consent was dated and signed on 05/05/2017. Provide proof of the borrower’s earlier consent to receive electronic documents dated on or before 04/14/2017.		Reviewer Comment (2017-06-06): Seller provided proof of the borrowers consent to receive electronic documents dated 04/13/2017.	06/06/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-06-06): Seller provided a copy of the wiring instructions	06/06/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-08): Seller provided a post-close CD correcting the seller paid fees.		06/08/2017
The E-sign disclosure has not been provided. LE’s were delivered electronically.		Reviewer Comment (2017-06-08): Seller provided proof of the borrowers consent to receive electronic documentation.	06/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-08): Seller provided a post-close CD correcting the seller paid fees.		06/08/2017
The home loan toolkit has not been provided in the loan documents.		Reviewer Comment (2017-06-08): Seller provided proof borrowers received a copy of the disclosure.	06/08/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx ($xx dwelling coverage + $xx extended replacement cost coverage). The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal provided a total estimate of cost-new of $xx and per the FNMA selling guide, coverage must be at least 80% of the total estimate of cost-new. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-06-26): Seller provided the estimated cost to rebuild. The insurance coverage provided is sufficient. Reviewer Comment (2017-06-21): The seller provided the insurance documentation that was provided in the original file. The documentation did not confirm 100% guaranteed replacement cost coverage or an estimated cost to rebuild. Condition remains	06/26/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201866334	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201866334	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201866334	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201866338	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201866338	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201866338	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $225.00 exceeds tolerance of $200.00 plus 10% or $220.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
201866338	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201866341	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201866341	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201866341	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the borrower’s consent to receive electronic documentation.		Reviewer Comment (2017-06-06): Seller provided proof of the borrowers consent to receive electronic documents dated 04/14/2017.	06/06/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrower’s receipt.		Reviewer Comment (2017-06-06): Seller provided proof the borrowers received a copy of the disclosure.	06/06/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-06): Seller provided a post-close CD correcting the seller paid fees.		06/06/2017
The file was missing the required fraud report for both borrowers.		Reviewer Comment (2017-06-05): Seller provided a copy of the fraud report.	06/05/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-05): Seller provided a post-close CD correcting the closing date.		06/05/2017
		Reviewer Comment (2017-05-31): Cure of $xx was provided on the final CD.		05/31/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-06-05): Seller provided a copy of the wiring instructions	06/05/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-05): Seller provided a post-close CD correcting the seller paid fees.		06/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201895514	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201895514	Credit	Loan Package Documentation	Application / Processing	Missing Document: HOA Questionnaire not provided
201895514	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201895514	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201895514	Credit	Credit	Misc	Credit Exception:
201904658	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201904658	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201904658	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201904658	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $950.00 exceeds tolerance of $400.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201904658	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $475.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7508)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Missing all required information for the HOA.		Reviewer Comment (2017-06-12): Seller provided the required HOA information Reviewer Comment (2017-06-02): Home owners insurance was provided. What is needed is the following for the homeowners association: Name, address and tax ID of the association/management company, and the name, phone number and e-mail address of a contact person at the association/management company. Exception remains.	06/12/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-23): Client elects to waive the non-material exception. Reviewer Comment (2017-08-11): Seller provided a rebuttal disputing the exception, however the Regs require the Fee’s to be disclosed on the consumer CD as does the Client per the updated bulletin to the guides dated Feb 2. Exception Remains. Reviewer Comment (2017-07-27): Seller provided a PCCD dated 7/13/17 with seller paid fee’s of 1,320.80, however the Seller CD in file reflects $41,049.00. Provide a PCCD and Lox to the borrower reflecting the seller paid fee’s that match the seller CD and were paid by the seller at closing. Exception remains.			08/23/2017
File contains a valid change of circumstance (LE) dated 4/11/2017, but the file is missing the LE dated 4/11/2017.		Reviewer Comment (2017-06-14): Seller provided a copy of the LE issued 04/11/2017. Reviewer Comment (2017-06-12): There was no documentation uploaded to clear this condition.	06/14/2017
Loan is aged 45 days from Note. Please provide an LOX and Clear pay history. First payment was due [MM/DD/YYYY].		Reviewer Comment (2017-08-23): Seller provided the pay history and LOX	08/23/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-06-05): Seller provided a copy of the wiring instructions	06/05/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-07): Seller provided a post-close CD correcting the closing date.		06/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-07): Seller provided a post-close CD correcting the seller paid fees.		06/07/2017
		Reviewer Comment (2017-05-31): Cure of $xx was provided on the final CD.		05/31/2017
		Reviewer Comment (2017-05-31): Cure of $xx was provided on the final CD.		05/31/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
D	B	C	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	C	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	C	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	C	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	C	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201904658	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Loan images/file not provided
201904658	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
201904659	Compliance	Compliance	Federal Compliance	Social Security Documentation	Qualified Mortgage (Dodd-Frank 2014): Social Security income documentation insufficient. ([REDACTED] [REDACTED]/Social Security)
201904659	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201904659	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201904659	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-4,823.28 is less than amount of binding Lender Credit previously disclosed in the amount of $-6,556.00. (9300)
201904659	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject city is missing from evidence of insurance.
201904660	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201904660	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201904663	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Loan file contains document verifying an LE dated 4/7/2017 was delivered to the borrower, but the file is missing the initial LE dated 4/7/2017.		Reviewer Comment (2017-06-05): Seller provided a copy of the initial LE issued 04/07/2017.	06/05/2017
The 2015/2016 IRS transcripts in file verified unreimbursed employee expenses. Per the guidelines, the income must be reduced by the expenses and the last 2 years 1040’s are required to verify the expenses. The file was missing a copy of the 2015/2016 1040’s.		Reviewer Comment (2017-06-06): Seller provided a copy of the borrowers 2015/2016 tax returns.	06/06/2017
The file was missing a copy of the Social Security Income award letter, as required by Appendix Q.		Reviewer Comment (2017-06-13): Seller provided a copy of the SSI award letter. Reviewer Comment (2017-06-05): The seller provided the SSA-1099’s that were provided in the original file to clear the condition. However, a copy of the award letter is required by Appendix Q. Condition remains.	06/13/2017
The file was missing a copy of the Social Security Income award letter, as required by Appendix Q.		Reviewer Comment (2017-06-13): Seller provided a copy of the SSI award letter. Reviewer Comment (2017-06-05): The seller provided the SSA-1099’s that were provided in the original file to clear the condition. However, a copy of the award letter is required by Appendix Q. Condition remains.	06/13/2017
The lender credit was reduced between the initial LE and final CD and the file was missing a cure or proof of valid change of circumstances.		Reviewer Comment (2017-06-05): Seller provided a valid change of circumstance disclosure verifying the decreased lender credit.	06/05/2017
The lender credit was disclosed as $6,556.00 on the initial LE dated 04/10/2017, but disclosed as $4,823.28 on the Final Closing Disclosure. The file did not contain a valid change of circumstance disclosure for the 05/08/2017 LE that reduced the credit to $4,823.00 or the change of circumstance for the initial CD dated 05/16/2017 that reduced the credit from $5,173.00 disclosed on the LE dated 05/10/2017 to $xx.		Reviewer Comment (2017-06-05): Seller provided a valid change of circumstance disclosure verifying the decreased lender credit.	06/05/2017
The homeowner’s insurance policy in the file disclosed the subject property city as [REDACTED]. The flood cert, title, appraisal and all other closing docs in file verified the city as [REDACTED]s. Provide an updated copy of the homeowner’s policy correcting the subject’s city.		Reviewer Comment (2017-06-07): Seller provided documentation verifying the zip code per USPS is associated with [REDACTED] and [REDACTED].	06/07/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-29): Seller provided a post-close CD correcting the seller paid fees.		06/29/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
D	B	C	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	C	A	D	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201908925	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201908925	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201908925	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201908925	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201908925	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201908925	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,215.97 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (7200)
201908925	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $950.00 exceeds tolerance of $660.00. Insufficent or no cure was provided to the borrower. (7506)
201908925	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $34.00 exceeds tolerance of $33.00. Insufficent or no cure was provided to the borrower. (7520)
201908925	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Loan images/file not provided
201908927	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing the lender’s wiring instructions.		Reviewer Comment (2017-06-16): Seller provided a copy of the wiring instructions	06/16/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Missing all required information for the HOA.		Reviewer Comment (2017-06-16): Seller provided the required HOA information.	06/16/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the seller paid fees.		06/16/2017
Cure for various 0% and 10% tolerance violations $1,506.97 was not provided. Note: the file was missing a copy of the re-disclosed LE dated 04/11/2017.		Reviewer Comment (2017-06-16): Seller provided a copy of the LE issued 04/11/2017 and COC.	06/16/2017
Fee was not disclosed on Loan Estimate. Note: the file was missing a copy of the re-disclosed LE dated 04/11/2017.		Reviewer Comment (2017-06-16): Seller provided a copy of the LE issued 04/11/2017 and COC adding the Loan Discount Points Fee.	06/16/2017
Fee disclosed as $660 on LE dated 8/24/2016, but disclosed as $950 on Final Closing Disclosure. Note: the file was missing a copy of the re-disclosed LE dated 04/11/2017.		Reviewer Comment (2017-06-16): The file contained a valid COC for the increased fee	06/16/2017
Fee disclosed as $xx on LE dated 8/24/2016, but disclosed as $xx on Final Closing Disclosure. Note: the file was missing a copy of the re-disclosed LE dated 04/11/2017.		Reviewer Comment (2017-06-16): The file contained a valid COC for the increased fee	06/16/2017
Loan file contains evidence a LE dated 4/11/2017 with a valid change of circumstance was sent to the borrower on 4/11/2017. File is missing a copy of the LE dated 4/11/2017.		Reviewer Comment (2017-06-16): Seller provided a copy of the LE issued 04/11/2017.	06/16/2017
Missing all required information for the HOA.		Reviewer Comment (2017-06-26): Seller provided the required HOA information	06/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
D	B	C	A	D	B	C	A	Safe Harbor QM	Safe Harbor QM	No
D	B	C	A	D	B	C	A	Safe Harbor QM	Safe Harbor QM	No
D	B	C	A	D	B	C	A	Safe Harbor QM	Safe Harbor QM	No
D	B	C	A	D	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	C	A	D	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	C	A	D	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	C	A	D	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	C	A	D	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	C	A	D	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201908927	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-3,050.00. (9300)
201908927	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201908927	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED]
201910921	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201910924	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201910924	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201910924	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
201910925	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201910925	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Missing Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201910925	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The final CD disclosed a lender credit for $3,050.00; however the credit was identified on pages 2 and 3 as a tolerance cure for the closing costs above the legal limit. The file was missing a valid change of circumstance for the initial CD issued 04/24/2017 removing the lender credit.		Reviewer Comment (2017-06-07): Seller provided a copy of the valid change of circumstance disclosure for the initial CD, verifying the lender credit was removed due to the loan amount decreased.	06/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-07): Seller provided a post-close CD correcting the seller paid fees.		06/07/2017
Missing 2016 and 2015 Tax Transcripts for borrowers, as required by the guidelines.		Reviewer Comment (2017-06-07): Seller provided a copy of the 2015/2014 transcripts.	06/07/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Missing lender’s wiring instructions.		Reviewer Comment (2017-06-07): Seller provided a copy of the wiring instructions.	06/07/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-14): Seller provided a post-close CD correcting the closing date and letter of explanation to the borrower disclosing the changes. Reviewer Comment (2017-06-12): The seller provided a post-close CD correcting the closing date; however a copy of the letter of explanation sent to the borrower disclosing the changes was not provided. Condition remains Reviewer Comment (2017-06-07): Seller provided a rebuttal stating the seller in this transaction was out of town and requested their documents to be sent and signed on 5/23/2017. At the last minute, the seller returned for the closing and the document were not changed. The actual signing date for [REDACTED] was scheduled for [MM/DD/YYYY]. In order to accommodate the seller, the documents were dated 5/23/2017. Our borrowers signed and we funded this loan on [MM/DD/YYYY]. The closing date on the CD must match the actual closing date. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made with the correct closing date of [MM/DD/YYYY]. Condition remains		06/14/2017
The insurance documentation in the file verified an annual premium of $1,174.00; however the final CD collected 12 months of homeowner’s insurance for $1,042.00. Provide a copy of the insurance policy/declarations page verifying the $1,042.00 premium or proof the policy with a premium of $1,174.00 was paid in full.		Reviewer Comment (2017-06-13): Seller provided proof the full premium of $1,174.00 was paid in full. Reviewer Comment (2017-06-07): Seller provided a copy of the homeowner’s insurance quote verifying a premium of $1,042.00; however the documentation appears to be a binder, which is unacceptable per the guidelines, as the policy number is not listed. Provide a copy of the declarations page or policy to verify the $1,042.00 premium. Condition remains.	06/13/2017
The required HOA information was not provided.		Reviewer Comment (2017-06-12): Seller provided the required HOA information.	06/12/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): Seller provided a post-close CD correcting the seller paid fees.		06/12/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof the borrower received a copy of the disclosure.		Reviewer Comment (2017-06-12): Seller provided proof the disclosure was sent to the borrowers.	06/12/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201910925	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201910926	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201910926	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201910926	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201910926	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $625.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201910926	Credit	Credit	Misc	Credit Exception:
201910926	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201910927	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201910927	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201910927	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing documentation verifying the borrower’s consent to receive electronic documentation.		Reviewer Comment (2017-06-12): Seller provided a copy of the e-consent disclosure.	06/12/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-13): See new exception requesting waiver	06/13/2017
The file was missing documentation verifying the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-06-13): Seller provided a copy of the e-consent disclosure.	06/13/2017
		Reviewer Comment (2017-06-05): Lender provided $125 credit to borrower at close.		06/05/2017
Provide a complete copy of the appraisal report. The appraisal report provided was cut-off at the top and the address and other information could not be verified as accurate.		Reviewer Comment (2017-06-13): Seller provided a complete copy of the appraisal.	06/13/2017
Seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-06-15): Client has elected to waive the condition.			06/15/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
Missing all required information for the HOA.		Reviewer Comment (2017-06-12): Seller provided the required HOA information.	06/12/2017
Missing lender’s wiring instructions.		Reviewer Comment (2017-06-12): Seller provided a copy of the wiring instructions.	06/12/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201910928	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201910928	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201910928	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201910928	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201910928	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201910929	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/12/2017)
201915905	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201915906	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201915906	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201915906	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-07): Secondary Valuation was ordered and received.	06/07/2017
The required fraud report was not provided.		Reviewer Comment (2017-06-12): The seller provided a copy of the fraud report.	06/12/2017
The final CD disclosed the disbursement date as [MM/DD/YYYY] which was prior to three business days from the transaction date of [MM/DD/YYYY]. Note: the file contained a post-close CD correcting the disbursement date; however a copy of the letter of explanation sent to the borrower disclosing the changes was not provided.		Reviewer Comment (2017-06-12): The seller provided a post-close CD correcting the disbursement date.		06/12/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-06-12): Seller provided a copy of the wiring instructions	06/12/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Note: the file contained a post-close CD correcting the closing date; however a copy of the letter of explanation sent to the borrower disclosing the changes was not provided.		Reviewer Comment (2017-06-12): The seller provided a post-close CD correcting the closing date.		06/12/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/09/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-07): Seller provided proof the borrower received a copy of the revised appraisal at closing.	06/07/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-06-08): Seller provided a copy of the wiring instructions	06/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-09): Seller provided a post-close CD correcting the seller paid fees.		06/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201915907	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201915907	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201915907	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201915907	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201915907	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/198754)
201915907	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/198754)
201915908	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201915909	Credit	Loan Package Documentation	Closing / Title	Missing Document: Rider - PUD not provided
201915909	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201915909	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/05/02/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-06-07): Seller provided a copy of the wiring instructions.	06/07/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
Per the insurance documentation in the file, the annual homeowner’s insurance premium was $1,486.00 or $123.83 per month. The final CD disclosed prepaid homeowner’s insurance was paid in section F for 12 months at $2,515.00 or $209.58 per month. Provide a post-close CD correcting the amount of prepaid homeowner’s insurance to match the insurance documentation in the file, a letter of explanation sent to the borrower disclosing the changes on the CD, a copy of the refund check for the difference in the premiums, and proof of delivery.		Reviewer Comment (2017-06-28): Seller provided information from the insurance company verifying the borrower received a refund for the difference between the premium collected on the final CD and the actual premium. The premium increased from the amount used to qualify and new conditions have been set for a revised IEAD, first payment letter, and PCCD. Reviewer Comment (2017-06-27): The final CD and the post-close CD provided disclosed a premium was paid in section F for $2,515.00. The escrow amount in section G was based off an annual premium of $1,486.00, which matches the declarations page in file. The seller provided a refund check from the insurance company for $963.12. The refund amount does not equal the difference between the dec page ($1,486.00) we have in file and the amount collected at closing ($2,515.00). It appears the actual policy amount may be $1,551.88 ($2,515.00 - $963.12) which would require a post-close CD correcting the escrow amounts and premium collected in section F, a revised initial escrow account disclosure, a revised first payment letter, and a copy of the letter of explanation sent to the borrower disclosing the changes. Condition remains	06/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-20): Seller provided a post-close CD correcting the seller paid fees. Reviewer Comment (2017-06-14): Seller provided a post-close CD with an issue date of 06/13/2017 adding a lump sum of $xx to section C paid by the seller. The seller paid fees must be itemized and descriptions of the fees provided. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made. Condition remains		06/20/2017
The seller provided a copy of the updated insurance documentation verifying a premium of $1,549.00 or $129.08 per month. Provide a post-close CD correcting the escrow amount based on new premium, a copy of the letter of explanation sent to the borrower disclosing the changes, a revised first payment letter reflecting the correct monthly amount, and a revised initial escrow account disclosure with the correct insurance amount.		Reviewer Comment (2017-07-03): Seller provided a post-close CD correcting the escrow amount of insurance, a revised IEAD, and first payment letter.		07/03/2017
The seller provided a copy of the updated insurance documentation verifying a premium of $1,549.00 or $129.08 per month. Provide a post-close CD correcting the escrow amount based on new premium, a copy of the letter of explanation sent to the borrower disclosing the changes, a revised first payment letter reflecting the correct monthly amount, and a revised initial escrow account disclosure with the correct insurance amount.		Reviewer Comment (2017-07-03): Seller provided a post-close CD correcting the escrow amount of insurance, a revised IEAD, and first payment letter.		07/03/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
The file was missing a copy of the PUD rider.		Reviewer Comment (2017-06-12): Seller provided a copy of the PUD Rider.	06/12/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-06-08): Seller provided a copy of the wiring instructions	06/08/2017
The file was missing documentation verifying the borrowers received a copy of the appraisal.		Reviewer Comment (2017-06-08): Seller provided proof the borrower received a copy of the appraisal.	06/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201915909	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201915910	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201915910	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201915910	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201915910	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $125.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75103)
201915910	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201915911	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201915911	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201915911	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201915912	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): Seller provided a post-close CD correcting the closing date.		06/12/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): see new exception requesting waiver	06/12/2017
Sufficient cure of xx was provided at closing for the under disclosure of the appraisal re-inspection fee.				06/05/2017
The seller is requesting a waiver of the condition for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD/Final Settlement Statement fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-06-14): The client has elected to waive the condition.			06/14/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
Fees disclosed on the Seller’s Closing Disclosure of $xx are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx		Reviewer Comment (2017-06-06): The seller provided a post-close CD issued 05/28/2017 disclosing seller paid fees of $xx matching the seller’s CD.		06/06/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-06-08): Seller provided a copy of the wiring instructions	06/08/2017
Missing lender’s wiring instructions.		Reviewer Comment (2017-06-08): Seller provided a copy of the wiring instructions	06/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201915912	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201915912	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201915912	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $41.00 exceeds tolerance of $33.00. Insufficent or no cure was provided to the borrower. (7520)
201915912	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/03/2017)
201915914	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201915915	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201915915	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201915915	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201915915	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/09/2017)
201915916	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-08): Seller provided a post-close CD correcting the closing date.		06/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-08): Seller provided a post-close CD correcting the seller paid fees.		06/08/2017
		Reviewer Comment (2017-06-05): Cure of $xx was provided on the final CD.		06/05/2017
File contained documentation verifying the borrower received a copy of the appraisal on 04/24/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-08): Seller provided proof of borrowers receipt of the appraisal.	06/08/2017
E-sign disclosure has not been provided.		Reviewer Comment (2017-06-20): Seller provided proof of the borrower’s consent to receive electronic documentation. Reviewer Comment (2017-06-08): The seller provided a copy of the Acknowledgement of Intent to Proceed. The borrowers consent to receive electronic documentation was still not provided. Condition remains	06/20/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-06-08): Seller provided a copy of the wiring instructions	06/08/2017
Provide a revised AUS findings to match the final terms. The DU in the file was qualified with a loan amount of $xx, an interest rate of 4.50%, and an LTV of xx%. The loan closed with a loan amount of $xx, an interest rate of 4.75%, and an LTV of xx%.		Reviewer Comment (2017-06-08): Seller provided a copy of the revised DU matching the terms of the loan.	06/08/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/08/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-08): Seller provided proof of the borrower’s receipt of the appraisal.	06/08/2017
The file was missing a copy of the Your Home loan toolkit disclosure or proof it has been provided to the borrower.		Reviewer Comment (2017-06-08): Seller provide a copy of the Your Home loan toolkit disclosure.	06/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201915916	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/05/18/2017)
201915916	Compliance	Compliance	Federal Compliance	TRID Revised Loan Estimate Timing Before Closing	TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 5/17/2017 not received by borrower at least four (4) business days prior to closing. (Interim/05/17/2017)
201915916	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201915916	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201915916	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $550.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201915916	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $125.00 exceeds tolerance of $100.00. Sufficient or excess cure was provided to the borrower at Closing. (75103)
201915916	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201915916	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: Investor qualifying total debt ratio discrepancy.	Calculated investor qualifying total debt ratio of      exceeds Guideline total debt ratio of     .
201915916	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Timing	Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application.
201915916	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Evidence of earlier borrower receipt has not been provided.		Reviewer Comment (2017-06-08): Seller provided proof of borrowers receipt.	06/08/2017
Evidence of earlier borrower receipt has not been provided.		Reviewer Comment (2017-06-08): Seller provided proof of borrowers receipt.	06/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-13): The seller provided a copy of the updated seller’s CD with the fees matching the borrower’s CD.	06/13/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-06-23): Seller provided a copy of the wiring instructions	06/23/2017
Sufficient cure of xx was provided at closing to cure the under disclosure of the appraisal fee and the reinspection fee.				06/06/2017
Sufficient cure of xx was provided at closing to cure the under disclosure of the appraisal fee and the reinspection fee.				06/06/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
Per the guidelines, the maximum allowable DTI is 40% when gift funds are used. The borrower’s DTI is 40.85%. The gift funds are required to meet the guideline reserve requirement.		Reviewer Comment (2017-07-30): See New Exception for waiver Request. Reviewer Comment (2017-06-23): Seller provided a revised DU, 1003, and 1008 removing the gift funds from the assets. However, after removing the gift funds, the remaining assets of $47,233.83 do not meet the reserve requirement of $48,214.89 (9 months PITI for the subject $39,632.85 + 6 months PITI for the additional property owned $8,582.04). Condition remains	07/30/2017
Seller provide proof the Your Home loan toolkit disclosure was delivered to the borrower; however it was not delivered until 04/06/2017 which was greater than three business days from the application date.		Reviewer Comment (2017-06-12): Seller provided proof the borrower received a copy of the disclosure within 3 business days of the application date.	06/12/2017
Request for Waiver - Seller is requesting a waiver for the Borrower reserves being short of the guidelines requirement.	719 FICO score- product requires 680. 39 points above required score. Borrower on this full documentation loan has residual income of 7,969.00.	Reviewer Comment (2017-08-02): Client elects to waive.			08/02/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201916657	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201916657	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201916657	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/22/2017)
201916657	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201916657	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201916657	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201916659	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201916659	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201916661	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201916661	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Borrower Closing Costs	TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Total Closing Costs that does not match Total Closing Costs (Borrower-Paid) on page 2. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
Missing all required information for the HOA.		Reviewer Comment (2017-06-20): Seller provided the required HOA information	06/20/2017
File contained documentation verifying the borrower received a copy of the appraisal on 04/18/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-20): Seller provided proof of the borrower’s receipt of the appraisal.	06/20/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof the borrower received a copy of the disclosure.		Reviewer Comment (2017-06-20): Seller provided proof the borrower received a copy of the disclosure.	06/20/2017
Provide a revised DU approval. The DU in file identified the subject property as a Detached SFR; however per the appraisal and title, the subject property is a Detached PUD.		Reviewer Comment (2017-06-20): Seller provided a revised DU correcting the property type	06/20/2017
Provide a copy of the required fraud report to include all interested parties to the transaction. The fraud report must include the seller, listing and selling agents (if applicable), the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-06-26): Seller provided a copy of the required fraud report.	06/26/2017
The closing costs financed field in the Calculating Cash to Close section of the final CD wast blank. The calculated amount was $xx. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): Seller provided a post-close CD correcting the Calculating Cash to Close section		06/12/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
Page 1 of the final CD issued 05/19/2017 and signed 05/21/2017 disclosed Closing Costs of $xx; however page 3 of the CD in the Calculating Cash to Close and Summaries of Transactions sections disclosed closing costs of $xx. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): Seller provided the correct page 1 for the corresponding CD in file signed 05/21/2017. The original file was missing page 1 that corresponded with pages 2-5. Condition cleared	06/12/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201916661	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Borrower Other Costs	TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Other Costs that does not match Total Other Costs (Borrower-Paid) on page 2. (Final/[MM/DD/YYYY])
201916661	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201916661	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Borrower Paid Cash to Close	TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Cash to Close in the Costs at Closing Table that does not match the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201916661	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $700.00. Insufficent or no cure was provided to the borrower. (7506)
201916661	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $125.00 exceeds tolerance of $0.00. Insufficent or no cure was provided to the borrower. (75103)
201916661	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/17/2017)
201916661	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201916661	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201916661	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201916662	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Page 1 of the final CD issued 05/19/2017 and signed 05/21/2017 disclosed Other Costs of $xx; however page 2 of the CD disclosed Other Costs of $xx. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): Seller provided the correct page 1 for the corresponding CD in file signed 05/21/2017. The original file was missing page 1 that corresponded with pages 2-5. Condition cleared	06/12/2017
Cure of $xx was reflected, which is insufficient to cure $275.00. The file was missing a valid change of circumstance disclosure for the LE dated 05/01/2017 verifying the addition of the Appraisal Re-inspection Fee.		Reviewer Comment (2017-06-12): Seller provided a valid change of circumstance.	06/12/2017
Page 1 of the final CD issued 05/19/2017 and signed 05/21/2017 disclosed Cash to Close of $xx; however page 3 of the CD in the Calculating Cash to Close and Summaries of Transactions sections disclosed Cash to Close of $xx. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): Seller provided the correct page 1 for the corresponding CD in file signed 05/21/2017. The original file was missing page 1 that corresponded with pages 2-5. Condition cleared	06/12/2017
		Reviewer Comment (2017-06-06): Lender provided $150 credit to borrower at close.		06/06/2017
Fee was not disclosed on the initial Loan Estimate. The fee was added to the re-disclosed LE dated 05/01/2017; however a valid change of circumstance disclosure was not provided in the file.		Reviewer Comment (2017-06-12): Seller provided a valid change of circumstance.	06/12/2017
File contained documentation verifying the borrower received a copy of the appraisal on 04/27/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-14): Seller provided proof the borrower received a copy of the appraisal at closing.	06/14/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): See new exception requesting waiver	06/12/2017
The seller provided a copy of the correct page 1 of the final CD. The CD reflects a Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the closing date.		06/16/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-06-19): Client has elected to waive the condition			06/19/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-06-09): Seller provided a copy of the wiring instructions	06/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201916662	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201916662	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201916663	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201916663	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201916663	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201916666	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow - Reason	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
201916666	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201916666	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/19/2017)
201916666	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201916666	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
		Reviewer Comment (2017-06-06): Letter of Explanation & Corrected Closing Disclosure dated 5/25/2017 reflects correct closing date of [MM/DD/YYYY]		06/06/2017
A copy of the lender’s wiring instructions were not provided.		Reviewer Comment (2017-06-12): Seller provided a copy of the wiring instructions	06/12/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): Seller provided a post-close CD correcting the seller paid fees		06/12/2017
The Escrow Account section on page 4 of the final Closing Disclosure did not indicate the reason the borrower will not have an escrow account. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the escrow section on page 4.		07/18/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-14): Client elects to waive the non-material exception. Reviewer Comment (2017-08-11): Seller provided a PCCD and LOX to the borrower reflecting the seller paid fees Reviewer Comment (2017-07-27): Seller comment in Clean room stated “PCCD LOX receipt evidence but there was nothing loaded. Please load the images for review.			08/14/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/10/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-08-09): See New Exception of Seller requesting Waiver. Reviewer Comment (2017-07-27): The seller provided the Reg section 1002.14(a) which clearly states in (4) “the applicant receives the copy of the revised appraisal or other written valuation at or prior to consummation or account opening.” The appraisal in question was dated [MM/DD/YYYY] which is after the date that the borrower received it. Verification of all appraisals regardless of the change made is required. Exception remains pending evidence that the appraisal dated[MM/DD/YYYY] was provided to the borrower. Reviewer Comment (2017-07-18): Seller provided a rebuttal stating they were not required to provide the borrowers a revised copy of the appraisal. Per the regulations, the revised appraisal with clerical changes is not required to be delivered within the 3 business days of closing; however it still needs to be delivered. If a copy of the revised appraisal was not delivered a waiver is required. Condition remains	08/09/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
Upon further review, the fraud report in file did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, listing and selling agents, and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-27): Seller provided the fraud report with all parties included.	07/27/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201916666	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201916666	Credit	Credit	Misc	Credit Exception:
201916667	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201916667	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201916667	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201916667	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201917660	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201917660	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201917660	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201917660	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Change - Funds For Borrower	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Funds for Borrower. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller requesting a waiver for the Evidence of appraisal delivery to the borrower.		Reviewer Comment (2017-08-14): Client elects to waive the non-material exception.			08/14/2017
Loan is aged 45 days from Note with first payment due [MM/DD/YYYY]. Please provide the LOX and Pay history as required.		Reviewer Comment (2017-08-11): LOX and Pay History were provided.	08/11/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-06-12): Seller provided a copy of the wiring instructions	06/12/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
E-sign disclosure has not been provided.		Reviewer Comment (2017-06-12): Seller provided a copy of the e-consent disclosure.	06/12/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-20): Seller provided a post-close CD correcting the seller paid fees. Reviewer Comment (2017-06-12): Seller provided a rebuttal stating Seller Paid Fees will never match across Buyer and Seller CDs as we don’t disclose the Seller CD and only show applicable fees on our itemization. (i.e. Owners Policy and Transfer Taxes/Deed and Mortgage Stamps). Per the TILA regulation all seller paid fees associated with the loan closing must be disclosed on the borrower’s CD. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made. Condition remains		06/20/2017
Missing lender’s wiring instructions.		Reviewer Comment (2017-06-16): Seller provided a copy of the wiring instructions.	06/16/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the closing date.		06/16/2017
The Calculating Cash to Close section of the final CD reflects $0.00 Funds for Borrower for both the Loan Estimate and the Closing Disclosure, however Did this Change is answered Yes. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the Calculating Cash to Close section.		06/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201917660	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201917698	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201917698	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201917698	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
201917698	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201917698	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201917702	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201917702	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201917704	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201917704	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $650.00 exceeds tolerance of $550.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the seller paid fees.		06/16/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-06-12): Seller provided a copy of the wiring instructions	06/12/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
The final CD disclosed $1,336.91 was collected for prepaid homeowner’s insurance in section F; however the declarations page in the file verified the premium as $1,341.69 ($1,366.69 - $25.00 policy fee). Provide proof the policy was paid in full and a post-close CD correcting the premium in section F and a letter of explanation to the borrower disclosing the changes made. Note: the initial escrow account disclosure and section G of the final CD calculated the monthly insurance based on the premium disclosed on the declarations page.		Reviewer Comment (2017-06-08): Seller provided a post-close CD correcting the insurance premium collected in section F.		06/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): Seller provided a post-close CD correcting the seller paid closing costs		06/12/2017
The Title-Recording Service Fee was incorrectly disclosed under section B on the final CD. The provider was not disclosed on the SSPL and the fee should be disclosed in section C. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-12): Seller provided a post-close CD correcting the title fees		06/12/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof the borrowers received a copy of the disclosure.		Reviewer Comment (2017-06-13): Seller provided proof the disclosure was delivered to the borrower.	06/13/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-06-15): Seller provided a copy of the wiring instructions.	06/15/2017
Sufficient cure of xx was provided at closing for the under disclosure of the credit report fee.				06/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201917704	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201917705	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201917705	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: Property type discrepancy.
201917705	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201921565	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201921565	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201921565	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201921565	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $525.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507)
201921565	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
201921565	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the seller paid fees.		06/16/2017
Provide a revised DU identifying the subject property as a PUD. The DU provided identified the subject as a detached SFR.		Reviewer Comment (2017-06-19): Seller provided a revised DU correcting the property type.	06/19/2017
Provide a revised DU identifying the subject property as a PUD. The DU identified the subject as a detached SFR. The appraisal and other documentation in file verified the subject is located in a PUD.		Reviewer Comment (2017-06-19): Seller provided a revised DU correcting the property type.	06/19/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-12): Secondary Valuation was ordered and received.	06/12/2017
Cure for Second Appraisal fee of $525.00 was not provided.		Reviewer Comment (2017-06-13): The seller provided a copy of the revised LE dated 05/02/2017 and the valid change of circumstance disclosure. There is no tolerance violation.	06/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-13): Seller provided a post-close CD correcting the seller paid fees.		06/13/2017
Fee was not disclosed on Loan Estimate. The fee was disclosed on the initial CD; however there is not a valid change of circumstance disclosure in file.		Reviewer Comment (2017-06-13): The seller provided a copy of the revised LE dated 05/02/2017 and the valid change of circumstance disclosure. There is no tolerance violation.	06/13/2017
Loan file contains documentation a LE was re-disclosed to the borrower on 5/2/2017, but the file is missing the LE dated 5/2/2017.		Reviewer Comment (2017-06-13): Seller provided a copy of the LE dated 05/02/2017	06/13/2017
All CDs incorrectly reflect Title fees in section B of CD (Services Borrower did not Shop For). The fees are payable to Lawyers Title Company, which is not the service provider reflected on the Service Provider List provided to the borrower. As a result, these fees should have been reflected in section C (Services Borrower Did Shop For). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-13): Seller provided a post-close CD moving the title fees to the correct section.		06/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201925194	Compliance	Compliance	Federal Compliance	FACTA Disclosure Missing	FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure.
201925194	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201925194	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Closing Costs Exceeds Limits Amount	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a tolerance cure amount that does not match the amount disclosed in the Other Costs table. (Final/[MM/DD/YYYY])
201925194	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $750.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201925194	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $370.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)
201925194	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201925195	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201925195	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201925195	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $855.94 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200)
201925195	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
FACTA disclosure has not been provided.		Reviewer Comment (2017-06-14): Seller provided a copy of the FACTA disclosure.	06/14/2017
The file was missing the required HOA documentation.		Reviewer Comment (2017-06-14): Seller provided the required HOA information	06/14/2017
The Calculating Cash to Close section of the final CD did not disclose the tolerance cure amount in the “Did this change?” section for the total closing costs (J). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-15): Seller provided a post-close CD correcting the calculating cash to close section.		06/15/2017
				06/12/2017
				06/12/2017
The Calculating Cash to Close section of the final CD did not disclose the tolerance cure amount in the “Did this change?” section for the total closing costs (J). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-15): Seller provided a post-close CD correcting the calculating cash to close section.		06/15/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
Cure for Points of $855.94 was not provided.		Reviewer Comment (2017-06-15): Seller provided documentation that the discount points were a rate lock extension that was the responsibility of the seller/builder. The file contained a copy of the change order verifying the seller was responsible for the fee and the cost was included in the seller’s credit towards closing costs.	06/15/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-06-15): Seller provided documentation that the discount points were a rate lock extension that was the responsibility of the seller/builder. The file contained a copy of the change order verifying the seller was responsible for the fee and the cost was included in the seller’s credit towards closing costs.	06/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the seller paid fees.		06/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201925196	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201925196	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201925200	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201925200	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201925200	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201925200	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201925200	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201925200	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201925201	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201925201	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx while closing CD seller’s fees total $xx. The additional seller paid fees have been entered from the Sellers CD per validation. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-19): Seller provided a post-close CD correcting the seller paid fees		06/19/2017
Lender wire instructions have not been provided.		Reviewer Comment (2017-06-15): Seller provided a copy of the wiring instructions.	06/15/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-06-19): Seller provided a copy of the wiring instructions	06/19/2017
The E-sign disclosure has not been provided. Documents were delivered electronically.		Reviewer Comment (2017-06-21): Seller provided a copy of the borrower’s consent to receive electronic documentation. Reviewer Comment (2017-06-19): The documentation provided did not verify the date of the borrower’s consent to receive electronic documentation. The all LE’s were electronically signed and proof of the borrower’s consent before the initial LE is required. Condition remains	06/21/2017
The file was missing a copy of the Your Home loan Toolkit Disclosure or proof the borrower received a copy of the disclosure.		Reviewer Comment (2017-06-19): Seller provided proof the disclosure was delivered.	06/19/2017
Evidence of earlier borrower receipt has not been provided. Note: the only CD in the file was the final CD issued 05/25/2017; however it was not signed until 05/31/2017.		Reviewer Comment (2017-06-21): Seller provided documentation verifying the borrower’s receipt of the initial CD. Reviewer Comment (2017-06-19): The documentation provided did not contain a date the CD was delivered. Condition remains	06/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-23): Seller provided a PCCD and copy of the letter of explanation sent to the borrower correcting the seller paid fees. Reviewer Comment (2017-06-21): Seller provided a post-close CD issued 06/19/2017 correcting the seller paid fees; however a copy of the letter of explanation to the borrower disclosing the changes made was not provided. Condition remains		06/23/2017
Missing all required HOA information.		Reviewer Comment (2017-06-23): Seller provided the required HOA information	06/23/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-30): Seller provided a post-close CD correcting the seller paid fees.		06/30/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201925201	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201928467	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,745.25 exceeds tolerance of $2,012.00 plus 10% or $2,213.20. Sufficient or excess cure was provided to the borrower at Closing. (0)
201928467	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201928468	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201928468	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201928468	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender’s Title Insurance. Fee Amount of $679.80 exceeds tolerance of $439.00. Insufficient or no cure was provided to the borrower. (7729)
201928468	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201928468	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/05/03/2017)
201928468	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Lender’s Title Insurance. Fee Amount of $679.80 exceeds tolerance of $439.00. Sufficient or excess cure was provided to the borrower. (7729)
201928469	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing Lender’s wiring instructions.		Reviewer Comment (2017-06-15): Seller provided a copy of the wiring instructions.	06/15/2017
				06/12/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-06-14): Seller provided a copy of the wiring instructions	06/14/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
Cure for Title - Lender’s Title Insurance fee of $240.80 was not provided.		Reviewer Comment (2017-06-23): Seller provided a post-close CD, copy of the refund check for $240.80, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. Reviewer Comment (2017-06-16): Seller provided a rebuttal stating the fee was not subject to the 0% tolerance fee since the provider is not on the SSPL. However, the provider is an affiliate of the lender per the Affiliated Business Arrangement Disclosure in the file and the fees are subject to the 0% tolerance testing. Condition remains		06/23/2017
Fee disclosed as $xx on LE dated 4/14/2017, but disclosed as $xx on Final Closing Disclosure.		Reviewer Comment (2017-06-23): Seller provided a post-close CD, copy of the refund check for $240.80, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made. Reviewer Comment (2017-06-16): Seller provided a rebuttal stating the fee was not subject to the 0% tolerance fee since the provider is not on the SSPL. However, the provider is an affiliate of the lender per the Affiliated Business Arrangement Disclosure in the file and the fees are subject to the 0% tolerance testing. Condition remains	06/23/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the closing date.		06/16/2017
The file was missing documentation verifying the borrower received a copy of the appraisal.		Reviewer Comment (2017-06-14): Seller provided proof of the borrowers receipt of the appraisal.	06/14/2017
		Reviewer Comment (2017-06-23): Seller provided a post-close CD, copy of the refund check for $240.80, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.		06/23/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-19): Seller provided a Post-close CD correcting the closing date.		06/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201928469	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201928469	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201928471	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201928471	Credit	Liabilities	Liabilities Documentation	Credit Report Error: Credit history rating was not provided.
201928471	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201928471	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Property Value	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. (Final/[MM/DD/YYYY])
201928471	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201928471	Compliance	Compliance	Federal Compliance	TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 3, 5, 7, 8, 9, 10 or DC)	Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used.
201928471	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
201928472	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-19): Seller provided a Post-close CD correcting the seller paid fees		06/19/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-06-15): Seller provided a copy of the wiring instructions	06/15/2017
Provide proof the investment property disclosed on the final 1003 and tax returns does not have a mortgage associated with the property. The 2015/2016 schedule E disclosed mortgage interest paid to banks, etc. The file did not contain a property detail report to verify there is no mortgage on the property. If the property has a mortgage, provide a verification of the mortgage history for the last 12 months.		Reviewer Comment (2017-06-15): Seller provided documentation verifying the investment property was co-owned by the co-borrower and her brother. The co-borrower is on title only and not responsible for the payment.	06/15/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-15): Seller provided a post-close CD correcting the closing date.		06/15/2017
Final CD reflects appraised property value of $1,200,000.00; however the actual value is $xx. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-15): Seller provided a post-close CD correcting the appraised property value.		06/15/2017
The disbursement date was disclosed as [MM/DD/YYYY] on the final CD. The disbursement date is less than 3 business days from the transaction date of [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-15): Seller provided a post-close CD correcting the disbursement date.		06/15/2017
The transaction was a lender to lender refinance and the H9 Right to Cancel form was required to be used. The H8 Right to Cancel form was provided in the file.		Reviewer Comment (2017-06-15): Per the AMC compliance department, the loan is a lender to lender refinance with no new funds advanced. The H8 form is acceptable.	06/15/2017
Provide a revised AUS approval with the correct LTV/CLTV and appraised value to match the final terms. Per the LP in file, the appraised value was $xx and the LTV/CLTV was xx%. Per the appraisal, the value was $xx resulting in an LTV/CLTV of xx%.		Reviewer Comment (2017-06-15): Seller provided a copy of the revised LP approval matching the final terms.	06/15/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase

			Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201928472	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201928472	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201928472	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201928474	Compliance	Compliance	State Compliance	South Carolina Home Loan (Acknowledgement of Receipt of Complaint Agency Disclosure Not In File)	South Carolina Home Loan: Borrower did not acknowledge receipt of document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan.
201928474	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201928474	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201928474	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201928474	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201928475	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201928475	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-19): The seller provided a post-close CD correcting the closing date.		06/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-19): See new condition requesting a waiver	06/19/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-06-20): Client has elected to waive the condition.			06/20/2017
The South Carolina CHL Compliant Agency Disclosure in the file was not executed by the borrower.		Reviewer Comment (2017-06-15): Seller provided a copy of the signed disclosure.	06/15/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
The file was missing a copy of the required HOA information.		Reviewer Comment (2017-06-20): Seller provided the required HOA information	06/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the seller paid fees.		06/16/2017
The file was missing the borrower’s consent to receive electronic documents.		Reviewer Comment (2017-06-16): Seller provided a copy of the e-consent disclosure	06/16/2017
Lender wire instructions have not been provided.		Reviewer Comment (2017-06-15): Seller provided a copy of the wiring instructions	06/15/2017
The homeowners insurance premium disclosed on the dec page provided is $937.00 or $78.08 per month. The final CD disclosed a 12 month premium of $922.00 or $76.83 per month was prepaid in section F. The initial escrow account disclosure also disclosed the annual premium as $922.00. Provide a post-close CD with correct premium collected in section F, a letter of explanation sent to the borrower disclosing the changes made, proof the insurance policy was paid in full, and a revised initial escrow account disclosure collecting the correct premium in 05/2018.		Reviewer Comment (2017-07-03): Seller provided documentation confirming the premium of $937.00. The documentation verified $15.00 was prepaid and the $922.00 collected at closing was the remaining balance.	07/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201928475	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $2,771.78 exceeds tolerance of $2,737.00. Sufficient or excess cure was provided to the borrower at Closing. (8304)
201930070	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee. Fee Amount of $225.00 exceeds tolerance of $150.00. Sufficient or excess cure was provided to the borrower at Closing. (75174)
201930070	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $64.90 exceeds tolerance of $57.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201930070	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
201930073	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201930074	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201930074	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $650.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507)
201930074	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201930074	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
201930074	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/206128)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Sufficient cure of xx was provided at closing for the under disclosure.				06/12/2017
				06/13/2017
				06/13/2017
The master Condo insurance policy in file did not verify “Walls-In” coverage was included in the policy. The file did not contain a separate HO-6 policy.		Reviewer Comment (2017-06-15): Seller provided documentation verifying the master policy contained walls-in coverage.	06/15/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-16): Secondary valuation was ordered and received	06/16/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-19): See new condition requesting waiver	06/19/2017
		Reviewer Comment (2017-06-14): Cure was provided on the final CD.		06/14/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-06-20): Client has elected to waive the condition.			06/20/2017
The insurance documentation provided in the original file was a binder, which is unacceptable per the guidelines. Provide a copy of the homeowner’s insurance policy or declarations page.		Reviewer Comment (2017-06-23): Seller provided a copy of the declarations page.	06/23/2017
Seller provided a copy of the homeowner’s insurance declarations page that verified an annual premium of $840.10 or $70.01 per month. The final CD disclosed an annual premium of $708.70 or $59.06 per month. Provide a post-close CD correcting the amount of insurance premium in section F, the amount of insurance escrowed in section G, the escrow information on page 1 and 4, a revised initial escrow account disclosure and first payment letter, a copy of the letter of explanation sent to the borrower disclosing the changes, and proof the premium disclosed on the declarations page is paid in full.		Reviewer Comment (2017-06-29): Seller provided a copy of the final homeowner’s insurance documentation matching the premium and escrowed amount on the CD.	06/29/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201930074	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/206128)
201930194	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201930194	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201930194	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201930194	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account statement Inaccurate	RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.
201930196	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201930196	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201930196	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201930196	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201930199	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller provided a copy of the homeowner’s insurance declarations page that verified an annual premium of $840.10 or $70.01 per month. The final CD disclosed an annual premium of $708.70 or $59.06 per month. Provide a post-close CD correcting the amount of insurance premium in section F, the amount of insurance escrowed in section G, the escrow information on page 1 and 4, a revised initial escrow account disclosure and first payment letter, a copy of the letter of explanation sent to the borrower disclosing the changes, and proof the premium disclosed on the declarations page is paid in full.		Reviewer Comment (2017-06-29): Seller provided a copy of the final homeowner’s insurance documentation matching the premium and escrowed amount on the CD.	06/29/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-15): Seller provided a post-close CD correcting the closing date.		06/15/2017
The disbursement date on the final CD was [MM/DD/YYYY] which is less than 3 business days from the transaction date of [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-15): Seller provided a post-close CD correcting the disbursement date.		06/15/2017
Seller provided a post-close CD to correct clerical errors. The post-close CD changed fees that were supported by the final settlement statement; however the initial escrow payment at closing changed and does not match the initial escrow account disclosure in the file. The post-close CD disclosed $xx while the initial escrow account disclosure disclosed $xx. Provide a copy of the revised initial escrow account disclosure and a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-06-19): Seller provided a copy of the revised initial escrow account disclosure matching the post-close CD.	06/19/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
Missing all required information for the HOA.		Reviewer Comment (2017-06-29): Seller provided the required HOA information	06/29/2017
The file was missing a copy of the borrower’s consent to receive electronic documentation.		Reviewer Comment (2017-06-29): Seller provided proof of the borrower’s consent to receive electronic documents.	06/29/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-29): Seller provided a post-close CD correcting the seller paid fees.		06/29/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-06-19): The seller provided a copy of the wiring instructions	06/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201930204	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201930204	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201930204	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201930204	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201930205	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201930205	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $49.41 exceeds tolerance of $27.00. Insufficient or no cure was provided to the borrower. (7520)
201930205	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201930205	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/31/2017)
201930205	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201958090	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-20): Seller provided a post-close CD correcting the closing date.		06/20/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-20): See new condition requesting a waiver.	06/20/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-06-22): Client has elected to waive the condition			06/22/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-06-19): Seller provided a copy of the wiring instructions	06/19/2017
Fee disclosed as $xx on LE dated 05/19/2017, but disclosed as $xx on Final Closing Disclosure. Note: the file contained a post-close CD with a cure for the credit report fee however a copy of the refund check or final settlement statement verifying the loan disbursed with the borrower receiving the credit is required.		Reviewer Comment (2017-06-19): Seller provided a cure on the post-close CD. The file contained a copy of the final settlement statement to confirm the loan was disbursed with the cure.		06/19/2017
Cure for credit report fee of $22.22 was not provided. Note: the file contained a post-close CD with a cure for the credit report fee however a copy of the refund check or final settlement statement verifying the loan disbursed with the borrower receiving the credit is required.		Reviewer Comment (2017-06-19): Seller provided a cure on the post-close CD. The file contained a copy of the final settlement statement to confirm the loan was disbursed with the cure.		06/19/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/27/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-19): Seller provided proof the borrower received a copy of the updated appraisal report.	06/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-06-14): Seller provided a post-close CD correcting the seller paid fees.		06/14/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201958090	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201958090	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED]
201958090	Credit	Credit	Misc	Credit Exception:
201958093	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/01/2017)
201958093	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201958093	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201958094	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201958094	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201958094	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201958094	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing the required HOA documentation.		Reviewer Comment (2017-06-20): Seller provided the required HOA information.	06/20/2017
The file was missing a copy of the 2015/2016 IRS transcripts, as required by the guidelines.		Reviewer Comment (2017-07-03): Seller provided the 2014/2015/2016 IRS transcripts	07/03/2017
The seller provided the required IRS transcripts for the borrowers; however the co-borrower’s 2015/2016 transcripts disclosed unreimbursed employee expenses. Per the guidelines, the last two years tax returns are required since the transcripts verified unreimbursed expenses. Provide a copy of the co-borrower’s 2015/2016 1040’s with all schedules.		Reviewer Comment (2017-07-07): Seller provided the 2015/2016 1040’s for the co-borrower as required by the guidelines	07/07/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/04/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-22): Seller provided proof of the borrower’s receipt of the appraisal.	06/22/2017
The file was missing a copy of the required fraud report.		Reviewer Comment (2017-06-22): Seller provided a copy of the required fraud report. Reviewer Comment (2017-06-19): The seller provided a copy of the Fraud report for the borrowers; however the Drive score was 0/Auto Refer. Provide a revised copy of the fraud report with a passing score.	06/22/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
The file is missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-06-22): Seller provided a copy of the wiring instructions.	06/22/2017
The 2016 S-Corp tax returns in file were not signed, as required by Appendix Q.		Reviewer Comment (2017-06-29): Seller provided a signed copy of the 2016 1120S.	06/29/2017
The 2016 S-Corp tax returns in file were not signed, as required by Appendix Q.		Reviewer Comment (2017-06-29): Seller provided a signed copy of the 2016 1120S.	06/29/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201958094	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201958094	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201958094	Compliance	Loan Package Documentation	Loan File	(Missing Doc) Incomplete loan images/file
201958095	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201958095	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201958095	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201958096	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201958096	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201958096	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/06/05/2017)
201958096	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201958096	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-27): Seller provided a PCCD and LOX to the borrower including the seller paid fees as reflected at closing. Reviewer Comment (2017-07-19): Seller provided a post-close CD dated 07/12/2017. The CD disclosed $xx in seller paid fees which were less than the seller paid fees disclosed on the seller’s CD of $xx. All seller paid fees associated with the transaction are required to be disclosed on the borrower’s CD. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made. Condition remains Reviewer Comment (2017-06-29): Seller provided a response stating they do not add any Seller Fees on the borrower CD. We can only show the Seller Credit, which is on the 3rd page for $15,000.00. Per TILA regulations, all seller paid fees associated with the transaction must be disclosed on the borrowers CD. The $15,000.00 credit is acceptable as it is disclosed on the borrower’s CD and seller’s CD; however the seller’s CD disclosed $xx of additional seller paid fees including but not limited to real estate commissions, transfer taxes, and other seller paid fees. A post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made is required. Condition remains.		07/27/2017
Upon further review, it was determined the fraud report in the file did not include all interested parties. Provide a revised fraud report to include the seller, listing and selling agents, and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-25): Seller provided the fraud report with all parties included as required. Reviewer Comment (2017-07-20): Seller provided the Same Fraud report that was in the original file that does not contain ALL parties affiliated with the transaction. Exception remains.	07/25/2017
The loan is aged more than 45 days from the Note date of [MM/DD/YYYY]. Provide LOX for delay and payhistory reflecting payment due [MM/DD/YYYY] was received.		Reviewer Comment (2017-08-03): Seller provided an LOX for the delay.	08/03/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-06-16): Seller provided a copy of the wiring instructions	06/16/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-22): Seller provided a post-close CD correcting teh seller paid fees.		06/22/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrower’s receipt of the disclosure.		Reviewer Comment (2017-07-11): Seller provided evidence of timely delivery of the Toolkit Disclosure.	07/11/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-07-11): Seller provided the initial CD provided to the borrower.	07/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD correcting the seller paid fees. Reviewer Comment (2017-07-11): Seller provided a PCCD with the seller paid fees. However, this CD does not have an LOX to the borrower. Additionally, the Cash to close figures no longer match those from the CD at consummation and the final Settlement statement is not in file to confirm borrower Cash to close. CD at consummation reflects Cash to close of 116,326.38, and PCCD reflects 122,326.38.		07/13/2017
The file was missing a copy of the borrower’s consent to receive electronic documents.		Reviewer Comment (2017-07-11): Seller provided the E-consent.	07/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201963692	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201963692	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201963692	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201963692	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/206432)
201963692	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/206432)
201963693	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Borrower Paid Cash to Close	TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Cash to Close in the Costs at Closing Table that does not match the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
201963693	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,000.00 exceeds tolerance of $800.00. Insufficient or no cure was provided to the borrower. (7506)
201963693	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201963693	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $169.00 exceeds tolerance of $144.00 plus 10% or $158.40. Insufficient or no cure was provided to the borrower. (0)
201963693	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $650.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7505)
201963693	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-06-19): Seller provided a copy of the wiring instructions	06/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-21): Seller provided a post-close CD correcting the seller paid fees.		06/21/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
The final CD disclosed an annual premium of $1,230.00 for the homeowner’s insurance or $102.50 per month. Per the homeowner’s insurance declarations page, the annual premium was $1,237.00 or $103.08 per month. Provide a post-close CD correcting the escrow amounts on pages 1, 2, and 4, a letter of explanation sent to the borrower disclosing the changes, a revised initial escrow account disclosure, a revised first payment letter, and a copy of any refund check and proof of delivery.		Reviewer Comment (2017-06-21): Seller provided a post-close CD correcting the escrow account information.		06/21/2017
The final CD disclosed an annual premium of $1,230.00 for the homeowner’s insurance or $102.50 per month. Per the homeowner’s insurance declarations page, the annual premium was $1,237.00 or $103.08 per month. Provide a post-close CD correcting the escrow amounts on pages 1, 2, and 4, a letter of explanation sent to the borrower disclosing the changes, a revised initial escrow account disclosure, a revised first payment letter, and a copy of any refund check and proof of delivery.		Reviewer Comment (2017-06-21): Seller provided a post-close CD correcting the escrow account information.		06/21/2017
The final CD disclosed cash from the borrower of $xx to closing on page 1; however page 3 disclosed $xx cash to the borrower. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-20): Seller provided post-close CD correcting the Calculating Cash to Close section.		06/20/2017
		Reviewer Comment (2017-06-15): Lender gave borrower $860.60 credit to borrower at close.		06/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-20): See new condition requesting a waiver	06/20/2017
		Reviewer Comment (2017-06-15): Lender gave borrower $860.60 credit to borrower at close.		06/15/2017
		Reviewer Comment (2017-06-15): Lender gave borrower $860.60 credit to borrower at close.		06/15/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-06-22): Client has elected to waive the condition			06/22/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201963694	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201963694	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/21/2017)
201963694	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201963694	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201966067	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201966067	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 4/15/2017. ([REDACTED] [REDACTED]/Schedule K-1 less than 25 Percent)
201966067	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/08/2017)
201966067	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201966067	Property	Property - Appraisal	Appraisal Documentation	The property type differs between the valuation documents in file. Unable to verify the property type. Ineligible per guidelines.
201966067	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: Property type discrepancy.
201966067	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-21): Seller provided a post-close CD correcting the closing date.		06/21/2017
File contained documentation verifying the borrower received a copy of the appraisal on 04/26/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-29): See new condition requesting waiver	06/29/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including fees paid before closing), borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-21): Seller provided a post-close CD correcting the seller’s closing costs.		06/21/2017
The seller is requesting a waiver for the ECOA condition, The file contained documentation verifying the borrower received a copy of the appraisal on 04/26/2017 which is prior to the revised appraisal date of [MM/DD/YYYY].		Reviewer Comment (2017-07-03): Client has elected to waive the condition.			07/03/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
The file contained a copy of the borrower’s 2014 and 2015 1040’s and the 2014, 2015, and 2016 K1’s; however the 2016 1040’s were not provided.		Reviewer Comment (2017-06-29): See new condition requesting waiver Reviewer Comment (2017-06-27): The condition is informational and non-material. Seller provided a copy of the 2016 extension that was located in the file. Condition remains	06/29/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/15/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-26): Seller provided proof of the borrowers receipt of the appraisal.	06/26/2017
Missing all required information for HOA.		Reviewer Comment (2017-06-26): Seller provided proof the subject is not a PUD and is a Detached SFR.	06/26/2017
The documentation in file identified the subject as a PUD; however the appraisal identified the subject as a SFR. Provide a revised appraisal identifying the subject as a PUD.		Reviewer Comment (2017-06-26): Seller provided proof the subject is not a PUD and is a Detached SFR.	06/26/2017
The seller provided documentation verifying the subject is not a PUD. Provide a revised DU approval identifying the subject as a Detached SFR.		Reviewer Comment (2017-06-29): Seller provided a revised DU approval identifying the property type as a Detached SFR.	06/29/2017
The seller is requesting a waiver for the tax return recency condition. File contained documentation verifying the borrower received a copy of the appraisal on 04/26/2017 which is prior to the revised appraisal date of [MM/DD/YYYY].		Reviewer Comment (2017-07-03): Client has elected to waive the condition.			07/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201966070	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues,loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status,loan_valuation.hoa_address_street, loan_valuation.hoa_address_city,loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
201966070	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201966070	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201966070	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201966072	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201966072	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201966072	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201966072	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $495.00 exceeds tolerance of $454.00. Insufficient or no cure was provided to the borrower. (7506)
201966072	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201966072	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
201966072	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,357.92 exceeds tolerance of $1,172.00 plus 10% or $1,289.20. Insufficient or no cure was provided to the borrower. (0)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Required HOA information was not provided.		Reviewer Comment (2017-06-26): Seller provided the required HOA information.	06/26/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-26): Seller provided a post-close CD correcting the seller paid fees.		06/26/2017
The file was missing a copy of the borrowers consent to receive electronic documents.		Reviewer Comment (2017-06-23): Seller provided a copy of the borrowers consent to receive electronic documentation	06/23/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]7.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the closing date.		06/16/2017
The field has been left blank. Title fees, appraisal fee and credit report fee were under disclosed to the borrower.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the calculating cash to close section.		06/16/2017
The field has been left blank. Title fees, appraisal fee and credit report fee were under disclosed to the borrower. A post close CD was issued on 6/7 with a lender credit to cure, however, a copy of the refund check or a copy of the final settlement statement confirming the loan was disbursed with the credit was not in the file.		Reviewer Comment (2017-06-26): Seller provided a post-close CD disclosing the tolerance cures and a copy of the final settlement statement confirming the loan was disbursed with the tolerance cures.	06/26/2017
Title fees, appraisal fee and credit report fee were under disclosed to the borrower. A post close CD was issued on 6/7 with a lender credit to cure, however, a copy of the refund check or a copy of the final settlement statement confirming the loan was disbursed with the credit was not in the file.		Reviewer Comment (2017-06-26): Seller provided a post-close CD disclosing the tolerance cures and a copy of the final settlement statement confirming the loan was disbursed with the tolerance cures.		06/26/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
The Note, security instrument and final CD disclosed a closing date of [MM/DD/YYYY]. Consummation did not take place until [MM/DD/YYYY]. The right to cancel disclosed a closing date of [MM/DD/YYYY] and an expiration date of [MM/DD/YYYY].		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the disbursement date.		06/16/2017
10% tolerance was exceeded for title fees and credit report charged to the borrower at closing. A post close CD was issued on 6/7 with a lender credit to cure, however, a copy of the refund check or a copy of the final settlement statement confirming the loan was disbursed with the credit was not in the file.		Reviewer Comment (2017-06-26): Seller provided a post-close CD disclosing the tolerance cures and a copy of the final settlement statement confirming the loan was disbursed with the tolerance cures.		06/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201966073	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201966073	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201966073	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201966073	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $82.00 exceeds tolerance of $68.00 plus 10% or $74.80. Insufficient or no cure was provided to the borrower. (0)
201966073	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $19.37 exceeds tolerance of $15.00. Insufficient or no cure was provided to the borrower. (7520)
201966073	Credit	Credit	Misc	Credit Exception:
201966073	Credit	Assets	Asset Calculation / Analysis	Guideline Requirement: Available for Reserves discrepancy.
201966073	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201966074	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201966074	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201966074	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
Cure of $xx was reflected, which is insufficient to cure $11.42.		Reviewer Comment (2017-06-26): Seller provided a post-close CD, copy of the refund check, copy of the letter of explanation sent to the borrower, and proof of delivery to cure the tolerance violation.	06/26/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-26): Seller provided a post-close CD correcting the seller paid fees.		06/26/2017
$7.20 violation due to increase in recording fee. No evidence of cure.		Reviewer Comment (2017-06-26): Seller provided a post-close CD, copy of the refund check, copy of the letter of explanation sent to the borrower, and proof of delivery to cure the tolerance violation.		06/26/2017
Credit report fee was disclosed to the borrower as $15.15 (rounded down to $15.00) on the initial LE. Fee was disclosed as $19.37 on the final CD. Cure of $xx was provided..		Reviewer Comment (2017-06-16): Credit report fee was disclosed to the borrower as $15.15 (rounded down to $15.00) on the initial LE. Fee was disclosed as $19.37 on the final CD. Cure of $xx was provided..		06/16/2017
The file is missing documentation verifying the monthly payment on the [REDACTED] mortgage includes taxes and insurance and proof of the HOA dues for the property owned in South Carolina.		Reviewer Comment (2017-06-20): Seller provided a copy of the mortgage statement for the additional property owned.	06/20/2017
The guidelines required the borrower to verify reserves of $62,335.41 (9 months for the subject property + 6 months for the additional property owned). The assets in file verified reserves of $43,443.91. Note: the DU identified $2,967,519.68 in a Mutual Fund account with [REDACTED]; however the [REDACTED] account in file with a statement date of 04/30/2017 verified a balance of $18.44. Provide additional reserves to meet the guideline requirement.		Reviewer Comment (2017-06-26): Seller provided the statement for the [REDACTED] Mutual Funds account verifying additional reserves to meet the guideline requirement. Reviewer Comment (2017-06-20): The seller provided a copy of the [REDACTED] account and a copy of the equity loan/bridge loan agreement to verify additional assets. The [REDACTED] account in not in the borrower’s name and is in the name of [REDACTED] and there is no documentation verifying the borrower’s access to the funds. The equity loan for $xx is acceptable however proof of the borrowers receipt of the funds was not provided. Condition remains	06/26/2017
The file did not contain a fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, seller, listing and selling agents (if applicable), the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-06-29): Seller provided a revised fraud report with all interested parties.	06/29/2017
The file was missing a copy of the lenders wiring instructions.		Reviewer Comment (2017-06-20): Seller provided a copy of the wiring instructions	06/20/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
				06/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201966074	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201966075	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201966075	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201966075	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201966075	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing based on fees from the consumer CD and Seller Fees from an Alternative Source.) (Final/[MM/DD/YYYY])
201966075	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Total Interest Percentage	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Total Interest Percentage that does not match the actual total interest percentage for the loan. (Final/[MM/DD/YYYY])
201966075	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/10/2017)
201966075	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $134.00 exceeds tolerance of $33.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
201966075	Credit	Credit	Misc	Credit Exception:
201968477	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/30/2017)
201968477	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-26): Seller provided a post-close CD correcting the seller paid fees.		06/26/2017
The required fraud report for both borrowers was not in the file.		Reviewer Comment (2017-06-20): Seller provided a copy of the fraud report.	06/20/2017
Lenders wire instructions have not been provided		Reviewer Comment (2017-06-20): Seller provided a copy of the wiring instructions	06/20/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-20): Seller provided a post-close CD correcting the seller paid fees.		06/20/2017
The TIP was disclosed on the final CD as 72.110%. the calculated TIP is 72.078%. The post close CD correctly disclosed the TIP of 72.078% and was received electronically by the borrower on 6/13.		Reviewer Comment (2017-06-16): Seller provided a post-close CD correcting the TIP.		06/16/2017
The file contained documentation verifying the borrower received a copy of the appraisal on 6/2/17, which was prior to the revised appraisal report date of [MM/DD/YYYY] (post close). Provide documentation verifying the borrower received a copy of the appraisal with the report date of [MM/DD/YYYY].		Reviewer Comment (2017-06-20): Seller provided proof of the borrower’s receipt of the appraisal.	06/20/2017
A sufficient cure of $xx was provided at closing for the under disclosure of the credit report fee.				06/16/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-06-29): Seller provided a copy of the revised fraud report including the appraiser.	06/29/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/17/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-14): See new condition requesting a waiver	07/14/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-06-20): Seller provided a post-close CD correcting the closing date		06/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201968477	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201968477	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201968477	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201968477	Credit	Credit	Misc	Credit Exception:
201970609	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201970609	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201970609	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Reconveyance Fee. Fee Amount of $200.00 exceeds tolerance of $135.00. Sufficient or excess cure was provided to the borrower at Closing. (75196)
201970609	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee. Fee Amount of $60.00 exceeds tolerance of $30.00. Sufficient or excess cure was provided to the borrower at Closing. (75206)
201970609	Credit	Insurance	Insurance Documentation	Missing Document: Flood Insurance Policy not provided
201970610	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
201970610	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $x in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD correcting the seller paid fees Reviewer Comment (2017-07-10): Seller comment reads “ the borrower is not supposed to see the seller fees. That is why there is a separate Seller and Buyer CD. However, Reg Z requires that the borrower CD reflect all fee’s associated with the transaction regardless of who pays them.		07/13/2017
The seller is requesting a waiver for the ECOA condition. File contained documentation verifying the borrower received a copy of the appraisal on 05/17/2017 which is prior to the revised appraisal date of [MM/DD/YYYY].		Reviewer Comment (2017-07-20): Client elects to Waive the non-material exception.			07/20/2017
Upon further review, it was determined that the fraud report contained in the file did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-19): Seller provided a revised fraud report including all interested parties.	07/19/2017
The loan was seasoned > 45 days from closing. Provide a copy of the payment history and a LOX for the delay.		Reviewer Comment (2017-07-25): Seller provided the LOX and pay history reflecting payment made on 7/01/17.	07/25/2017
The file is missing documentation verifying the lender’s QM/ATR Loan Designation.		Reviewer Comment (2017-07-03): Seller provided documentation verifying the loan designation.	07/03/2017
The file was missing a copy of the borrower’s consent to receive electronic documents.		Reviewer Comment (2017-07-03): Seller provided a copy of the consent to receive electronic documentation.	07/03/2017
				06/16/2017
				06/16/2017
Please provide the Flood insurance Dec page as required per guidelines. Documentation in file is not sufficient evidence of coverage.		Reviewer Comment (2017-07-11): Seller provided the Flood Cert Dec page as evidence of full Flood insurance.	07/11/2017
The file was missing a lease agreement for the investment property as required by Appendix Q.		Reviewer Comment (2017-06-26): Seller provided a copy of the current lease agreement for the investment property.	06/26/2017
The file was missing a lease agreement for the investment property as required by Appendix Q.		Reviewer Comment (2017-06-26): Seller provided a copy of the current lease agreement for the investment property.	06/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201970610	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
201970610	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201970610	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201970610	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $2,080.90 exceeds tolerance of $1,722.00 plus 10% or $1,894.20. Insufficient or no cure was provided to the borrower. (0)
201970610	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
201970611	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201970611	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201970611	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201970611	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/11/2017)
201970615	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201970615	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a YTD balance sheet for the borrower’s S-Corp as required by Appendix Q.		Reviewer Comment (2017-07-07): The seller provided a copy of the YTD Balance Sheet	07/07/2017
The file was missing the lease agreements for the two investment properties and a YTD balance sheet for the borrower’s S-Corp as required by Appendix Q.		Reviewer Comment (2017-07-07): The seller provided a copy of the YTD Balance Sheet	07/07/2017
Cure of $xx was reflected, which is insufficient to cure $186.70		Reviewer Comment (2017-06-23): Seller provided a post-close CD, copy of the letter of explanation sent to the borrower, a copy of the refund check for $xx, and proof of delivery.		06/23/2017
$186.70 violation due to increase in the Title-Lender’s Title Insurance fee. The final CD disclosed a cure of $xx which was insufficient.		Reviewer Comment (2017-06-23): Seller provided a post-close CD, copy of the letter of explanation sent to the borrower, a copy of the refund check for $xx, and proof of delivery.		06/23/2017
The file contained an homeowner’s insurance binder, which is unacceptable per the guidelines. Provide a copy of the homeowner’s insurance policy or declarations page.		Reviewer Comment (2017-06-23): Seller provided a copy of the insurance policy.	06/23/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-06-21): Seller provided a copy of the wiring instructions	06/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-22): Seller provided a post-close CD correcting the seller paid fees.		06/22/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/08/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]7. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-22): Seller provided proof of the borrowers receipt of the appraisal.	06/22/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-03): See new condition requesting a waiver.	07/03/2017
Final CD incorrectly reflects Title - Notary Fee in section B. The fee is payable to Central Signing Service, which is not on the SSPL. As a result, this fee should have been reflected in section C. Provide a post-close CD moving the fee to the correct section and a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-07-03): Seller provided a post-close CD and a copy of the final ALTA settlement statement removing the notary fee.		07/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201970615	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201970617	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201970617	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201972122	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201972122	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201972123	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201972123	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201972123	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $500.00 exceeds tolerance of $450.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201972124	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201972124	Compliance	Compliance	State Compliance	South Carolina Home Loan (Acknowledgement of Receipt of Complaint Agency Disclosure Not In File)	South Carolina Home Loan: Borrower did not acknowledge receipt of document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan.
201972124	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-07-06): Client has elected to waive the condition			07/06/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
Missing all required information for the HOA.		Reviewer Comment (2017-07-06): Seller provided the required HOA Information	07/06/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrower’s receipt of the disclosure.		Reviewer Comment (2017-06-20): Seller provided proof of the borrowers receipt of the disclosure.	06/20/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-06-22): Seller provided a copy of the wiring instructions	06/22/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
Erroneous: Lender provided $53.00 credit to cure amount in excess of tolerance.				06/19/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-20): Secondary Valuation product was ordered and received.	06/20/2017
The South Carolina CHL Compliant Agency Disclosure was not signed by the borrower.		Reviewer Comment (2017-06-21): Seller provided a copy of the signed disclosure.	06/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including costs paid before closing), borrower’s final CD shows $xx (including costs paid before closing). Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-21): Seller provided a post-close CD correcting the seller paid fees		06/21/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201972130	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/739510)
201972130	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201972130	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201972131	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201972131	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201972131	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201972132	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201972132	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201976777	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201976777	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201976777	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a letter of explanation from the borrower for the gap in employment from 03/31/2016 to 08/08/2016, as required by Appendix Q for any gap in employment of one month or more.		Reviewer Comment (2017-06-29): Letter of explanation provided for the gap in employment.	06/29/2017
The file is missing a letter of explanation from the borrower for the gap in employment from 03/31/2016 to 08/08/2016, as required by Appendix Q for any gap in employment of one month or more.		Reviewer Comment (2017-06-29): Letter of explanation provided for the gap in employment.	06/29/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-06-29): Seller provided a copy of the wiring instructions	06/29/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
Missing all required information for the HOA		Reviewer Comment (2017-06-23): Seller provided the required HOA Information	06/23/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-23): Seller provided a post-close CD correcting the seller paid fees.		06/23/2017
No seller action required for loans locked prior to June 2nd, secondary product ordered.		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-22): Seller provided a post-close CD correcting the seller paid fees.		06/22/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrowers receipt of the disclosure.		Reviewer Comment (2017-06-27): Seller provided proof the borrower received a copy of the disclosure.	06/27/2017
The Title-Title Examination fee was disclosed in section B of the final CD. The provider was not on the SSPL and the fee should have been disclosed in section C. Provide a post-close CD moving the fee to the correct section and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-28): The provider for the title examination was chosen by the provider disclosed on the SSPL. The borrower was not able to shop for the fee and it is in the correct section. Condition cleared	06/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Good Faith Redisclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201976777	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $120.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75103)
201976777	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/210167)
201976777	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/210167)
201976777	Credit	Credit	Misc	Credit Exception:
201976777	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201976778	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201976778	Compliance	Compliance	Federal Compliance	Partnership Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Partnership). ([REDACTED] [REDACTED]/Partnership)
201976778	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201976778	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $665.00 exceeds tolerance of $365.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
201976778	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 3/15/2017. ([REDACTED] [REDACTED]/Partnership)
201976779	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
A sufficient cure of xx was provided at closing for the under disclosure of the appraisal re-inspection fee.				06/20/2017
The homeowner’s insurance documentation provided disclosed an annual premium of $801.66. The final CD disclosed an annual premium of $1,028.66 in section F and calculated the monthly amount of escrow off this premium. Provide the insurance documentation verifying the $1,028.66 premium or provide a post-close CD correcting the insurance premium to match the documentation in file on pages 1, 2, and 4, a revised initial escrow account disclosure with the correct premium, a revised first payment letter, a copy of the refund check due to the borrower if any, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-06-27): Seller provided a copy of the homeowner’s insurance verifying the premium of $1,028.66.	06/27/2017
The homeowner’s insurance documentation provided disclosed an annual premium of $801.66. The final CD disclosed an annual premium of $1,028.66 in section F and calculated the monthly amount of escrow off this premium. Provide the insurance documentation verifying the $1,028.66 premium or provide a post-close CD correcting the insurance premium to match the documentation in file on pages 1, 2, and 4, a revised initial escrow account disclosure with the correct premium, a revised first payment letter, a copy of the refund check due to the borrower if any, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-06-27): Seller provided a copy of the homeowner’s insurance verifying the premium of $1,028.66.	06/27/2017
The seller provided a copy of the updated homeowner’s insurance declarations page however the insurance was effective 06/18/2017 which was after the note and disbursement dates. Provide proof the homeowner’s insurance was in effect on or prior to the note and disbursement dates.		Reviewer Comment (2017-06-30): Seller provided a copy of the insurance documentation verifying the effective date of 06/13/2017.	06/30/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-06): Seller provided a revised fraud report with all interested parties.	07/06/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
The file was missing the YTD P&L, the 2016 P&L, and a YTD Balance Sheet for the borrower’s partnership as required by Appendix Q.		Reviewer Comment (2017-06-29): Seller provided a copy of the 2016 P&L and the 2017 YTD P&L and Balance Sheet for the partnership.	06/29/2017
The file was missing the YTD P&L, the 2016 P&L, and a YTD Balance Sheet for the borrower’s partnership as required by Appendix Q.		Reviewer Comment (2017-06-29): Seller provided a copy of the 2016 P&L and the 2017 YTD P&L and Balance Sheet for the partnership.	06/29/2017
				06/19/2017
The file is missing the 2016 personal and business tax returns. Evidence of extension provided in file for 2016. The file contained a copy of the 2014 and 2015 1040’s and 1065’s.		Reviewer Comment (2017-07-05): Client has elected to waive the condition. Reviewer Comment (2017-06-29): Seller provided an additional copy of the 2016 extension for the business tax returns. The condition is informational and a waiver is required.			07/05/2017
The file was missing documentation verifying the lender’s QM Designation.		Reviewer Comment (2017-06-23): Seller provided a copy of the Mavent Report.	06/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201976779	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201976779	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
201976779	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
201976779	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201976779	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
201976779	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 4/15/2017. ([REDACTED]/Schedule C)
201976779	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
201976779	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201976779	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201976780	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
201976780	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Lender wire instructions have not been provided.		Reviewer Comment (2017-06-23): Seller provided a copy of the wiring instructions	06/23/2017
The file was missing the YTD Balance Sheet for the co-borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-06-27): Seller provided a copy of the YTD Balance Sheet.	06/27/2017
The file was missing the YTD Balance Sheet for the co-borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-06-27): Seller provided a copy of the YTD Balance Sheet.	06/27/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-23): Seller provided a post-close CD correcting the closing date.		06/23/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-29): Seller provided a copy of a post-close CD and final settlement statement correcting the seller paid fees. Reviewer Comment (2017-06-27): No new information provided to cure the condition. Reviewer Comment (2017-06-23): Seller provided a post-close CD adding the seller paid fees, however the seller paid fees disclosed on the post-close CD were $75,836.25 and did not match the seller paid fees on the seller’s CD. Provide a copy of the final ALTA settlement statement confirming the seller paid fees or a revised post-close CD matching the seller paid fees on the seller’s CD. Condition remains		06/29/2017
The file is missing the 2016 personal tax returns. Evidence of extension provided in file for 2016. The file contained a copy of the 2014 and 2015 1040’s.		Reviewer Comment (2017-06-29): See new condition requesting waiver Reviewer Comment (2017-06-23): Seller provided the 2015/2014 1040’s that were provided in the original file. This condition is informational to inform the rating agencies that the most recent years’ tax returns were not used to qualify. Condition remains	06/29/2017
The seller provided a post-close CD disclosing an annual premium for the homeowner’s insurance of $7,337.00. The insurance documentation in the file verified a premium of $2,542.20. Provided the revised insurance documentation verifying the premium that was disclosed on the post-close CD.		Reviewer Comment (2017-06-27): Seller provided a copy of the updated homeowner’s insurance policy verifying the premium of $7,337.00.	06/27/2017
The seller is requesting a waiver for the tax return recency condition. The file is missing the 2016 personal tax returns. Evidence of extension provided in file for 2016. The file contained a copy of the 2014 and 2015 1040’s.		Reviewer Comment (2017-06-30): Client has elected to waive the condition			06/30/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents (if applicable) and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-05): Seller provided verification that all interested parties were verified	07/05/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx ($xx dwelling coverage + $xx extended replacement cost coverage). The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value or $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-07-18): Seller provided the homeowner’s insurance policy verifying sufficient coverage. Reviewer Comment (2017-07-10): The seller provided an updated homeowner’s insurance declarations page, however the documentation verified dwelling coverage of $xx and did not disclose extended replacement cost coverage. Also, since the premium increased, a post-close CD reflecting the correct escrow amounts on pages 1, 2, and 4, a revised initial escrow account disclosure, a revised first payment letter, proof the new premium of $1,701.00 was paid in full, and a copy of the letter of explanation sent to the borrower disclosing the changes made is required. Condition remains Reviewer Comment (2017-06-29): The seller provided a homeowner’s insurance application/binder that verified additional coverage; however a binder is not acceptable per the guidelines and the documentation provided increased the premium to $1,701.00. Provide a copy of the homeowner’s insurance policy or declarations page verifying the additional coverage, a post-close CD correcting the premium amount and amount escrowed, a revised initial escrow account disclosure calculated with the new premium, a revised first payment letter, proof the new premium amount was paid in full, and a copy of the letter of explanation sent to the borrower disclosing all the changes made. Note: if the original policy with a premium of $1,653.00 was valid, then proof the policy contains 100% guaranteed replacement cost coverage or an estimated cost to rebuild is required. Condition remains	07/18/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-23): Seller provided a copy of the Desk Review from Clear Capital	06/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201976780	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201976780	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201976780	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/210554)
201976780	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/210554)
201976781	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201976781	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201976781	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201976781	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
201976782	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201976782	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201976782	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/01/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-06-21): Seller provided a post-close CD correcting the seller paid fees.		06/21/2017
The file was missing the required fraud report for all borrowers.		Reviewer Comment (2017-06-23): Seller provided a copy of the fraud report.	06/23/2017
The seller provided additional insurance documentation to verify sufficient coverage. The new homeowner’s insurance policy verified an annual premium of $1,701.00. The initial premium disclosed on the final CD was $1,653.00. Provide proof the new policy was paid in full, a post-close CD correcting the insurance and escrow amounts on page 1, 2, and 4, a revised initial escrow account disclosure, a revised first payment letter, and a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-07-25): Seller provided a PCCD, LOX to the borrower, evidence of delivery and the copy of a refund check from the insurance company as well as proof that the policy is paid in full.07.25.17. Reviewer Comment (2017-07-21): The seller provided a post-close CD dated 07/19/2017 correcting the homeowner’s insurance premium and escrows, revised IEAD and first payment letter, and a copy of the letter of explanation sent to the borrower; however proof the annual insurance premium of $1,701.00 was paid in full was not provided. The difference was $48.00 ($1,701.00 - $1,653.00 already paid). Condition remains		07/25/2017
The seller provided additional insurance documentation to verify sufficient coverage. The new homeowner’s insurance policy verified an annual premium of $1,701.00. The initial premium disclosed on the final CD was $1,653.00. Provide proof the new policy was paid in full, a post-close CD correcting the insurance and escrow amounts on page 1, 2, and 4, a revised initial escrow account disclosure, a revised first payment letter, and a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-07-25): Seller provided a PCCD, LOX to the borrower, evidence of delivery and the copy of a refund check from the insurance company as well as proof that the policy is paid in full.07.25.17. Reviewer Comment (2017-07-21): The seller provided a post-close CD dated 07/19/2017 correcting the homeowner’s insurance premium and escrows, revised IEAD and first payment letter, and a copy of the letter of explanation sent to the borrower; however proof the annual insurance premium of $1,701.00 was paid in full was not provided. The difference was $48.00 ($1,701.00 - $1,653.00 already paid). Condition remains		07/25/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-06-27): Seller provided a copy of the wiring instructions	06/27/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-27): Seller provided a post-close CD correcting the seller paid fees.		06/27/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-27): The secondary valuation was ordered and received.	06/27/2017
The file is missing a VOR and/or cancelled checks to verify the last 12 months rental history, as required by the guidelines.		Reviewer Comment (2017-06-29): Seller provided proof of the rental history.	06/29/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-06-23): Seller provided a copy of the wiring instructions	06/23/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-27): The secondary valuation was ordered and received.	06/27/2017
The file contained documentation verifying the borrower received a copy of the appraisal on 05/23/2017, which was prior to the revised appraisal report date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the appraisal with the report date of [MM/DD/YYYY].		Reviewer Comment (2017-06-26): Seller provided proof of the borrowers receipt of the appraisal on [MM/DD/YYYY]. Reviewer Comment (2017-06-23): Seller provided the documentation that was in the original file verifying the borrower received a copy of the appraisal on 05/23/2017. The appraisal report was updated and has a report date of [MM/DD/YYYY]. Provide proof the borrower received a copy of the appraisal with the report date of [MM/DD/YYYY]. Condition remains	06/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201976782	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status,loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
201976782	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201984238	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201984238	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street,loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
201984238	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201984238	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Closing Costs Financed that does not match actual amount of closing costs financed. (Final/[MM/DD/YYYY])
201984238	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/05/22/2017)
201984238	Compliance	Compliance	Federal Compliance	TRID Interim Closing Disclosure Timing	TILA-RESPA Integrated Disclosure - Interim Closing Disclosure containing a change in APR, loan product or addition of prepayment penalty was not received by borrower at least three (3) business days prior to consummation.
201984238	Compliance	Compliance	Federal Compliance	TILA - Incorrect Right To Cancel Form Used - H-8 Used on Same Lender Refinance (Circuit 2, 3, 5, 7, 8, 9, 10 or DC)	Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinancing by the same creditor. The H-8 form was used, the H-9 form should have been used.
201984238	Property	Property - Appraisal	General Appraisal Requirements	Valuation Exception:
201984238	Credit	Assets	Asset Documentation	Asset Issue: Gift funds are missing evidence of receipt

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing the required HOA information		Reviewer Comment (2017-06-26): Seller provided the required HOA information	06/26/2017
A post-close CD was provided to satisfy the condition for the insurance effective date. However, the PCCD disclosed less closing costs and less funds to close from the borrower. Provide a copy of the final ALTA settlement statement to confirm the loan was disbursed as disclosed on the PCCD or proof of the refund sent to the borrower.		Reviewer Comment (2017-07-05): Seller provided a copy of the settlement statement to confirm the loan was disbursed as disclosed on the post-close CD.	07/05/2017
Lender wire instructions have not been provided.		Reviewer Comment (2017-07-25): Seller provided the wiring instructions.	07/25/2017
Missing all required HOA information.		Reviewer Comment (2017-07-20): Seller provided the HOA information as required, Reviewer Comment (2017-07-17): The seller provided documentation verifying the HOA information; however a phone number and email address for the HOA contact was not provided. Condition remains	07/20/2017
E-sign consent disclosure has not been provided. Borrowers received documents electronically.		Reviewer Comment (2017-06-29): Seller provide a copy of the e-consent disclosure.	06/29/2017
The field has been left blank on the final CD.		Reviewer Comment (2017-07-20): Seller provided the PCCD and LOX to the borrower Reviewer Comment (2017-07-18): The file was still missing a copy of the letter of explanation sent to the borrower disclosing the changes made. Condition remains Reviewer Comment (2017-07-14): Seller provided a post-close CD to cure the condition, however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided. Condition remains Reviewer Comment (2017-07-06): Seller provided a post-close CD dated 06/28/2017. The closing costs financed were disclosed as $xx; however the actual amount of closing costs financed based on the PCCD is $xx (total closing costs $xx - cash to close $xx). Provide a revised post-close CD correcting the closing costs financed and a copy of the letter of explanation sent to the borrower disclosing the changes made. Condition remains Reviewer Comment (2017-06-29): The seller provided an additional copy of the final CD issued 05/25/2017. However the closing costs financed on page 3 in the Calculating Cash to Close section was still blank. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made. Condition remains.		07/20/2017
Evidence of borrower receipt has not been provided.		Reviewer Comment (2017-06-29): Seller provide proof of the borrowers receipt of the initial CD.	06/29/2017
Evidence of earlier receipt has not been provided.		Reviewer Comment (2017-07-17): Seller provided a copy of the initial CD issued 05/22/2017 and verification of the receipt.	07/17/2017
Same lender refinance requires H9 RTC.		Reviewer Comment (2017-06-29): The borrowers paid off first and second purchase money mortgages. The H8 form is acceptable	06/29/2017
Incomplete appraisal, Missing several pages. Unable to determine if farm income is derived from subject property.		Reviewer Comment (2017-07-14): Seller provided a copy of the complete appraisal report.	07/14/2017
Evidence of donor ability to provide gift funds in the amount of $14,500.00 has not been provided as required per lender guidelines.		Reviewer Comment (2017-06-29): Seller provided proof of donor’s ability to gift funds, including copies of the cancelled gift checks.	06/29/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201984238	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
201984238	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Property Value	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Appraised Property Value that did not match the actual Property Value for the loan. (Final/[MM/DD/YYYY])
201984238	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201984238	Credit	Credit	Misc	Credit Exception:
201984238	Credit	Credit	Misc	Credit Exception:
201984240	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201984240	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
201984240	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,150.00 exceeds tolerance of $600.00. Insufficient or no cure was provided to the borrower. (7506)
201984240	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $550.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507)
201984240	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/04/21/2017)
201984240	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $550.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing VVOE from secondary employment within 10 days of closing.		Reviewer Comment (2017-07-18): Seller provided a VVOE for the borrower’s secondary employment.	07/18/2017
Borrowers purchased the subject property in August 2016 for xx. Value source on the final CD is the appraised value of $xx. LTV calculated on previous purchase price when the subject is owned less than one year per lender guidelines.		Reviewer Comment (2017-07-20): Seller provided a PCCD and LOX to the borrower. Reviewer Comment (2017-07-14): Seller provided a post-close CD correcting the property value; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided. Condition remains		07/20/2017
Upon further review of the fraud report provided in the original file, all required parties were not included. Provide a revised fraud report including the appraiser.		Reviewer Comment (2017-07-10): Seller provide a revised fraud report to include all interested parties.	07/10/2017
The loan is seasoned more than 45 days from closing. Provide a pay history and a letter of explanation for the delay in condition clearing, as required by the guidelines.		Reviewer Comment (2017-07-28): Seller provided a LOX and a copy of the payment history.	07/28/2017
Provide a copy of the homeowner’s insurance renewal policy or declarations page. The current policy provided in the file expires within 30 days on 08/26/2017.		Reviewer Comment (2017-07-28): Seller provided a copy of the renewal homeowner’s insurance policy.	07/28/2017
		Reviewer Comment (2017-06-26): Seller provided documentation verifying the loan designation	06/26/2017
		Reviewer Comment (2017-06-26): Seller provided a valid coc for the increased appraisal fee.	06/26/2017
		Reviewer Comment (2017-06-26): Seller provided a valid coc for the increased appraisal fee.	06/26/2017
		Reviewer Comment (2017-06-21): Lender provided $550 credit at close to borrower.		06/21/2017
		Reviewer Comment (2017-06-26): See new condition requesting waiver	06/26/2017
				06/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201984240	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201985086	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
201985086	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201985086	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201985086	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-1,245.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-1,290.00. (9300)
201985087	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201985087	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201985087	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Missing Signature on Affiliated Business Arrangement Disclosure	RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure.
201985087	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201985087	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
201985087	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/12/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The seller is requesting a waiver for the ECOA condition. The file contained documentation verifying the borrower received a copy of the appraisal on 04/05/2017 which is prior to the revised appraisal date of [MM/DD/YYYY].		Reviewer Comment (2017-06-28): Client elects to waive.			06/28/2017
Compliance report was not located in file.		Reviewer Comment (2017-06-29): Client provided the Compliance report	06/29/2017
Fraud report was not located in file.		Reviewer Comment (2017-06-29): Seller provided the complete Fraud Report	06/29/2017
Secondary valuation product was not provided.		Reviewer Comment (2017-06-29): Secondary Valuation product was ordered and received.	06/29/2017
		Reviewer Comment (2017-06-21): Lender provided $45 credit at close to the borrower.		06/21/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-27): The secondary valuation was ordered and received.	06/27/2017
Missing all required information for the HOA		Reviewer Comment (2017-06-29): Seller provided the required HOA information	06/29/2017
		Reviewer Comment (2017-06-26): Seller provided a copy of the signed disclosure	06/26/2017
		Reviewer Comment (2017-06-27): Seller provided a post-close CD correcting the seller paid fees.		06/27/2017
Final CD incorrectly reflects the Title - Survey Fee in section B of CD (Services Borrower did not Shop For). The fee is payable to Cooperative Title Agency, which is not the service provider reflected on the Service Provider List provided to the borrower. As a result, this fee should have been reflected in section C (Services Borrower Did Shop For).		Reviewer Comment (2017-06-27): Seller provided a post-close CD correcting the survey fee.		06/27/2017
Appraisal report was updated on [MM/DD/YYYY] and resigned. File contains evidence valuation was provided on 05/16/2017, prior to latest report date. No evidence valuation was resent to borrower after update.		Reviewer Comment (2017-07-06): See new condition requesting waiver Reviewer Comment (2017-07-03): Seller provided another copy of the response stating there were no material changes made on the revised appraisal and the updated appraisal was not required to be delivered to the borrower. Per the ECOA requirements, the borrower is required to receive all copies of the appraisal. Condition remains Reviewer Comment (2017-06-27): Seller provided a rebuttal stating the appraisal dated [MM/DD/YYYY] only added the seller’s concession of $3000. This had no effect on the value of the property. The borrower was also aware of this change via the purchase contract addendum that was signed on 05/04/2017. This change did not equate to a “revision” of the appraisal, therefore, the latest appraisal did not need to be sent. ECOA regulations require the borrower to receive a copy of all versions of the appraisal. Condition remains	07/06/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201985087	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201985093	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201985093	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201985093	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201985093	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201994615	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201994615	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201994615	Credit	Credit	Misc	Credit Exception:
201994617	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201994617	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
201994617	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The seller is requesting a waiver for the ECOA condition. The appraisal report was updated on [MM/DD/YYYY] and resigned. File contains evidence valuation was provided on 05/16/2017, prior to latest report date. No evidence valuation was resent to borrower after update.		Reviewer Comment (2017-07-10): Client has elected to waive the condition			07/10/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-30): Seller provided a post-close CD correcting the seller paid fees.		06/30/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-06-29): Seller provided a copy of the wiring instructions	06/29/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of delivery to the borrower.		Reviewer Comment (2017-06-29): Seller provided proof of delivery of the disclosure.	06/29/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-29): Seller provided a post-close CD correcting the seller paid fees.		06/29/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, as required by the guidelines.		Reviewer Comment (2017-06-29): Seller provided a copy of the fraud report with all interested parties	06/29/2017
The file was missing a copy of the final CD/Settlement statement for the sale of the borrower’s departure residence. Note: the loan was qualified with net proceeds of $145,000.00.		Reviewer Comment (2017-06-29): Seller provided a copy of the CD from the sale of the departure residence	06/29/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
The final CD disclosed a finance charge of $469,731.34. The actual finance charge is $469,881.34. The difference is the lender did not include the $350.00 Title - Loan Tie In fee in the prepaid finance charges. Provide a post-close CD, a copy of the letter of explanation sent to the borrower disclosing the changes made, a copy of the refund check for $150.00, and proof of delivery.		Reviewer Comment (2017-06-29): Seller provided a post-close CD correcting the finance charge, a copy of the refund check, proof of delivery, and a copy of the letter sent to the borrower disclosing the changes made.		06/29/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-29): Seller provided a post-close CD correcting the seller paid fees.		06/29/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201994617	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201994617	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
201994618	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
201994618	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201994618	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
201994618	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
201994618	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of $25.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7564)
201994618	Compliance	Loan Package Documentation	Closing / Title	(Doc Error) Security Instrument Error: Notary/Security Instrument Date was not provided
201994618	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201994618	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
201994619	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-06-29): Seller provided a copy of the e-consent disclosure.	06/29/2017
A post-close CD was provided to cure the finance charge violation and added the seller paid fees. However, the post-close CD disclosed $362.02 less in closing costs. Provide a copy of the final settlement statement to verify the loan was disbursed with the fees disclosed on the post-close CD or provide proof of the refund sent to the borrower.		Reviewer Comment (2017-07-10): Seller provided a copy of the final settlement statement confirming the loan disbursed matching the fees disclosed on the post-c lose CD. Reviewer Comment (2017-07-03): The seller provided an additional copy of the refund check for $xx sent to the borrower for the tolerance violation; however the closing costs on the post-close CD were $712.02 less than the final CD. The $350.00 tolerance violation has been accounted for but the $362.02 difference has not. A copy of the final ALTA settlement statement confirming the loan disbursed with $362.02 less in closing costs or proof of the addition refund is required. Condition remains	07/10/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-07-11): Seller provided the wire instructions as required.	07/11/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
Disclosure reflects Closing Date of ([MM/DD/YYYY]), but transaction consummation (mortgage notary) date was ([MM/DD/YYYY]). Provide a post-close CD and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the closing date Reviewer Comment (2017-07-10): The seller provided a letter of explanation sent to the borrower. The CD provided was not a post-close CD and the closing date was not corrected. Provide a post-close CD dated after the original CD correcting the closing date and a letter of explanation to the borrower disclosing the changes made. Condition remains		07/18/2017
Evidence of earlier borrower receipt was not found in file. The file only contained the final CD issued 06/13/2017 and executed 06/15/2017.		Reviewer Comment (2017-07-17): The seller provided a copy of the initial CD. Reviewer Comment (2017-07-10): The seller provided a copy of the CD however the file is still missing proof of the borrower’s receipt of a CD at least three business days prior to closing. Condition remains	07/17/2017
Fee was not disclosed on Loan Estimate.		Reviewer Comment (2017-06-26): Cure was provided on final CD.		06/26/2017
The executed Deed of Trust in file identified the notary signature date as [MM/DD/YYYY]. The notary signature date appears to be an error and the correct date was [MM/DD/YYYY].		Reviewer Comment (2017-07-11): Seller provided a re-recorded DOT with the corrected Notary date.	07/11/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller and the listing and selling agents (if applicable), as required by the guidelines.		Reviewer Comment (2017-07-03): Seller provided additional documentation verifying all interested parties were verified on the fraud report.	07/03/2017
The file is missing the required HOA information.		Reviewer Comment (2017-07-28): Seller provided the required HOA Information	07/28/2017
The file was missing a copy of the required fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, seller, listing and selling agents (if applicable), the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-05): Seller provided a fraud report with all interested parties verified.	07/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201994619	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
201994619	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/05/31/2017)
201994619	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201994619	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
201994619	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
201994619	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
201994619	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/31/2017)
201994619	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
201994621	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
201994621	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
201994621	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
The file was missing proof of the borrowers receipt of the appraisal report.		Reviewer Comment (2017-07-05): Seller provided proof the appraisal was delivered.	07/05/2017
The file was missing a copy of the borrowers consent to receive electronic documents.		Reviewer Comment (2017-07-05): Seller provided proof of the borrowers consent to receive electronic documentation.	07/05/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof the borrower received a copy of the disclosure.		Reviewer Comment (2017-07-05): Seller provided proof the disclosure was delivered.	07/05/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees. TILA regulation requires all seller paid fees associated with the transaction to be disclosed on the borrower’s CD. If the seller paid fees on the seller’s CD do not match the seller paid fees on the final CD, provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made in addition to the seller’s CD.		Reviewer Comment (2017-07-10): Seller provided a copy of the seller’s CD. Reviewer Comment (2017-07-07): The seller provided a post-close CD adding seller paid fees however the file is still missing a copy of the seller’s CD. Note: if the seller paid closing costs on the seller’s CD are different than the seller paid closing costs on the post-close CD, a revised post-close CD and a copy of the letter of explanation sent to the borrower disclosing the changes is required.	07/10/2017
The homeowner’s insurance evidence in file disclosed an effective date of 06/16/2017. This was after the note date and disbursement date of [MM/DD/YYYY] verified with the final CD. Provide additional homeowner’s insurance documentation verifying the policy was in effect on or prior to the disbursement date.		Reviewer Comment (2017-07-06): Seller provided insurance documentation verifying the effective date.	07/06/2017
Seller provided documentation verifying the borrower received a copy of the appraisal on 05/24/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-07): Seller provided documentation verifying the borrowers receipt of the appraisal	07/07/2017
The final CD disclosed $xx in seller paid fees. The seller provided a post-close CD adding seller paid fees totaling $xx		Reviewer Comment (2017-07-10): Seller provided a post-close CD correcting the seller paid fees.		07/10/2017
The file is missing a copy of the required fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, seller, listing and selling agents (if applicable), the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-06-30): Seller provided a copy of the fraud report with all interested parties. Reviewer Comment (2017-06-29): The seller provided a copy of the fraud report. The report provided did not include all interested parties. Provide a revised fraud report to include the appraiser.	06/30/2017
The file was missing proof of the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-06-29): Seller provided a copy of the e-consent disclosure	06/29/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrower’s receipt of the disclosure.		Reviewer Comment (2017-06-29): Seller provided proof of the borrowers receipt of the disclosure	06/29/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
201994621	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
201994621	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $495.00 exceeds tolerance of $350.00. Insufficient or no cure was provided to the borrower. (7506)
201994621	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
202010818	Credit	Credit	Credit Documentation	Missing Document: Credit Report not provided
202010818	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202010818	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202010818	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202010818	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $7,711.66 exceeds tolerance of $7,459.00. Sufficient or excess cure was provided to the borrower at Closing. (8304)
202010818	Property	Property - Appraisal	General Appraisal Requirements	Valuation Exception:
202010875	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
202010875	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/06/12/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-29): Seller provided a post-close CD correcting the seller paid fees,		06/29/2017
Override: Total cost of appraisal exceeds legal limit by $145.00, but a total cure of $xx was provided at closing		Reviewer Comment (2017-06-26): Cure provided on the final CD		06/26/2017
The file contained page 1 of the 2016 1120S, provide a complete copy of the 1120S return with all schedules.		Reviewer Comment (2017-06-29): Seller provided a copy of the 2016 1120S	06/29/2017
Provide a copy of the credit report dated 05/12/2017 used by DU for qualification. The report in file is illegible.		Reviewer Comment (2017-06-29): Seller provided the Credit report used with the DU for qualification verifying debts.	06/29/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
The file did not contain a fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, seller, listing and selling agents (if applicable), the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-06-29): Clear SAM’s including all participants was provided	06/29/2017
The file was missing the required HOA information		Reviewer Comment (2017-06-29): Seller provided the HOA information as required.	06/29/2017
				06/27/2017
The appraisal provided in the file was not in the name of the borrowers. Provide an updated appraisal report identifying the borrowers.		Reviewer Comment (2017-07-03): Seller provided a copy of the appraisal in the borrower’s name.	07/03/2017
The finance charge disclosed on the final CD was $398,594.44, the actual finance charge is $xx. The difference is due to the lender did not include the $125.00 HOA Letter fee in the prepaid finance charges. Provide a post-close CD, a copy of the letter of explanation to the borrower disclosing the changes made, a copy of the refund check, and proof of delivery.		Reviewer Comment (2017-07-17): The seller provided documentation verifying the HOA Letter fee on the final CD was the HOA transfer fee and is not a prepaid finance charge.	07/17/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-07-13): Seller provided proof of the electronic delivery of the initial CD. Reviewer Comment (2017-07-11): Seller provided 69 pages of the initial disclosures that were provided to the borrower. There is no evidence in these pages of the timely delivery of the initial CD. Exception remains.	07/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	A	D	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
D	A	D	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
D	A	D	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
D	A	D	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
D	A	D	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
D	A	D	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202010875	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202010875	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202010875	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues,loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202010877	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202010878	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202010878	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202010878	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $55.66 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
202010879	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202010879	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202010879	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202010879	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a copy of the borrowers consent to receive electronic documentation		Reviewer Comment (2017-07-11): Seller provided evidence of E-Consent.	07/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-17): Seller provided a post-close CD correcting the seller paid fees.		07/17/2017
The file was missing the required HOA information.		Reviewer Comment (2017-07-11): Seller provided the Required HOA information.	07/11/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-05): Seller provided a post-close CD correcting the seller paid fees.		07/05/2017
				06/26/2017
Lender’s wire instructions not provided in file.		Reviewer Comment (2017-06-29): Seller provided the wire instructions.	06/29/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-29): Seller provided a PCCD, Lox to the borrower and Proof of delivery correcting the seller paid fee’s.	06/29/2017
The homeowner’s insurance documentation provided in the file did not contain the policy number. Provide a copy of the homeowner’s insurance policy or declarations page with the policy number.		Reviewer Comment (2017-06-29): Seller provided evidence of insurance which included a Policy #.	06/29/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202010881	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202010881	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202010881	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202010881	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
202010881	Credit	Loan Package Documentation	Application / Processing	Missing Document: Verification of Identification not provided
202010881	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
202010882	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202010882	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
202010882	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202013266	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202013266	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing the fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, seller, listing and selling agents (if applicable), the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-11): Seller provided a fraud report with all interested parties Reviewer Comment (2017-07-03): Seller provided a copy of the revised fraud report; however the individual real estate agent was included. The fraud report only included the real estate agent office. Condition remains	07/11/2017
The file was missing the signed copy of the 2015/2016 1120S for the borrower’s S-Corp, as required by Appendix Q.		Reviewer Comment (2017-07-11): Seller provided a copy of the signed 2015/2016 1120S.	07/11/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-06-28): Secondary valuation was ordered and received.	06/28/2017
The file was missing the signed copy of the 2015/2016 1120S for the borrower’s S-Corp, as required by Appendix Q.		Reviewer Comment (2017-07-11): Seller provided a copy of the signed 2015/2016 1120S.	07/11/2017
Verification of identification has not been provided as required per lender guidelines.		Reviewer Comment (2017-07-03): Seller provide the verification of identification for both borrowers.	07/03/2017
Provide a revised DU approval identifying the subject property as a PUD. The DU in file identified the subject as a Detached SFR.		Reviewer Comment (2017-07-11): Seller provided a revised DU identifying the subject as a PUD.	07/11/2017
The file was missing a copy of the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-06-30): Seller provided proof of the borrowers consent to receive electronic documentation.	06/30/2017
The final 1003 executed by the co-borrower disclosed the co-borrower will not occupy the subject property. The file did not contain an Occupancy Statement for the co-borrower to confirm the occupancy.		Reviewer Comment (2017-07-19): The seller provided a copy of the Occupancy statement and a revised 1003 verifying the co-borrower’s occupancy.	07/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-30): Seller provided a post-close CD correcting the seller paid fees.		06/30/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-30): Secondary valuation was ordered and received.	06/30/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx, including seller paid fees paid before closing. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-21): Seller provided a post-close CD correcting the seller paid fees.		07/21/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202013266	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $67.80 exceeds tolerance of $66.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
202013266	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202013268	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202013268	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202013268	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/31/2017)
202013268	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Closing Costs Paid At Closing	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Costs Paid at Closing that does not match the Total Closing Costs (Borrower-Paid) from page 2. (Final/[MM/DD/YYYY])
202013268	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Borrower Paid Cash to Close	TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Cash to Close in the Costs at Closing Table that does not match the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
202013268	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Value - Total Closing Costs	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed the Final value of Total Closing Costs that does not match the Total Closing Costs (Borrower-Paid) from page 2. (Final/[MM/DD/YYYY])
202013268	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202013269	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202013269	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY], Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues,loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
				06/27/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, listing and selling agents (if applicable), and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-07): Seller provided a fraud report with all interested parties Reviewer Comment (2017-07-03): Seller provided a response stating the LQR and the LDP/SAM’s report are acceptable in lieu of the interested parties being included on the fraud report. This is acceptable however there was no search included for the appraiser in the documentation provided. Condition remains	07/07/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-06-30): Seller provided a copy of the wiring instructions	06/30/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-06-30): Secondary valuation was ordered and received.	06/30/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/30/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-06-30): Seller provided a copy of the waiver to receive the appraisal within 3 days of closing and proof of receipt at closing.	06/30/2017
The final CD issued on 06/09/2017 and executed on 06/16/2017 disclosed $xx in the Summaries of Transaction section which did not match the total closing costs paid at closing on page 2 of $xx. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-30): Seller provided a copy of the revised final CD sent to the borrower correcting the Summaries of Transaction and Calculating Cash to Close sections.	06/30/2017
The final CD issued on 06/09/2017 and executed on 06/16/2017 disclosed $xx cash to close on page 1 and $xx on page 3 in the Calculating Cash to Close and Summaries of Transaction sections. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-30): Seller provided a copy of the revised final CD sent to the borrower correcting the Summaries of Transaction and Calculating Cash to Close sections.	06/30/2017
The final CD issued on 06/09/2017 and executed on 06/16/2017 disclosed $xx in total closing costs on page 1 and 2 and $xx on page 3 in the Calculating Cash to Close and Summaries of Transaction sections. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-06-30): Seller provided a copy of the revised final CD sent to the borrower correcting the Summaries of Transaction and Calculating Cash to Close sections.	06/30/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-06): Seller provided a post-close CD correcting the seller paid fees.		07/06/2017
The file was missing a copy of the required fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, seller, listing and selling agents (if applicable), the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-03): Seller provided a copy of the fraud report with all interested parties.	07/03/2017
The file is missing the required HOA information.		Reviewer Comment (2017-07-03): Seller provided the required HOA information	07/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202013269	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202013269	Credit	Credit	Misc	Credit Exception:
202013269	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
202013270	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
202013270	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202013270	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202013270	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $49.50 exceeds tolerance of $36.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
202013270	Credit	Credit	Misc	Credit Exception:
202024550	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202024550	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202024550	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-06-28): Seller provided a post-close CD correcting the seller paid fees.		06/28/2017
The final 1003 disclosed a new HELOC with First Citizens was opened on the departure residence for $180,000.00. The HELOC was not disclosed on the credit report and the file was missing documentation to verify the HELOC payment of $1,090.76 included in the PITI of the retained departure residence.		Reviewer Comment (2017-07-10): Seller provided documentation verifying the HELOC on the departure residence.	07/10/2017
The DU in file used the credit report dated 05/18/2017 with reference number [REDACTED] to qualify. The file contained an updated credit report dated 06/05/2017 with reference number [REDACTED]. The qualifying score decreased from 773 to 771. Provide a revised DU approval using the updated credit report dated 06/05/2017.		Reviewer Comment (2017-07-10): Seller provided a DU approval using the updated credit report.	07/10/2017
The file was missing a copy of the YTD P&L and Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-07-12): Seller provided the YTD balance sheet. Reviewer Comment (2017-07-07): Seller provided a rebuttal stating the YTD Balance Sheet is not required per the AIG guidelines. The guidelines referenced by the seller were effective 10/17/2016 and are obsolete. AIG provided a guideline addendum released 02/03/2017 and the guidelines dated 04/27/2017 require the balance sheet for all self-employed borrowers. Condition remains	07/12/2017
The file was missing a copy of the YTD P&L and Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-07-12): Seller provided the YTD balance sheet. Reviewer Comment (2017-07-07): Seller provided a rebuttal stating the YTD Balance Sheet is not required per the AIG guidelines. The guidelines referenced by the seller were effective 10/17/2016 and are obsolete. AIG provided a guideline addendum released 02/03/2017 and the guidelines dated 04/27/2017 require the balance sheet for all self-employed borrowers. Condition remains	07/12/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-07): Seller provided a post-close CD correcting the seller paid fees		07/07/2017
Final disclosure reflects a total charge for the credit reports of $49.50, initial disclosures reflects $36.00, a sufficient cure of $xx was provided at closing				06/26/2017
The file was missing a copy of the final CD or settlement statement from the sale of the departure residence. The final 1003 and DU qualified the borrower with net proceeds of $121,000.00.		Reviewer Comment (2017-07-07): Seller provided the settlement statement from the sale of the departure residence.	07/07/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-07-03): Seller provided a copy of the wiring instructions	07/03/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-14): Seller provided a PCCD and LOX to the borrower with the corrected seller paid fee’s. Reviewer Comment (2017-07-11): Seller provided a response stating only section H fees are required to be disclosed. Per TILA regulations, all seller paid fees associated with the transaction must be disclosed on the borrowers CD. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made. Condition remains Reviewer Comment (2017-07-10): Seller provided a post-close CD correcting the seller paid fees; however the borrower’s closing costs decreased resulting in less cash to close from the final settlement statement. Provide a copy of the revised final settlement statement confirming the loan disbursed as disclosed on the post-close CD. Condition remains Reviewer Comment (2017-07-07): Seller provided an additional copy of the post-close CD provided in the original file. The CD disclosed seller paid fees which are not consistent with the seller’s CD seller paid fees. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made. Condition remains		07/14/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents (if applicable) and the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-07): Seller provided documentation verifying all interested parties included in the fraud check. Reviewer Comment (2017-07-03): Seller provided documentation verifying the loan originator and listing agent were included in the fraud check, however the selling real estate agent was not included. Condition remains	07/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202024552	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202024552	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202024552	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202024553	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202024553	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202024554	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202024554	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/12/2017)
202024555	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202024556	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202024556	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202024556	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-05): Secondary valuation was ordered and received.	07/05/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees and the post-close CD disclosed $xx in seller paid fees. If the seller paid fees disclosed on the seller’s CD do not match the post-close CD, provide a revised post-close CD correcting the fees and a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-07-06): Seller provided a copy of the seller’s CD matching the seller paid fees disclosed on the post-close CD. Reviewer Comment (2017-07-05): The seller provided another copy of the post-close CD. The file is still missing a copy of the seller’s CD. Condition remains	07/06/2017
		Reviewer Comment (2017-07-06): Seller provided a post-close CD correcting the seller paid fees.		07/06/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-03): Secondary valuation was ordered and received.	07/03/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made or a copy of the final ALTA Settlement statement verifying the seller paid fees disclosed on the borrowers CD.		Reviewer Comment (2017-07-03): Seller provided a post-close CD and the final settlement statement correcting the seller paid fees.		07/03/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-07-19): Secondary valuation was ordered and received.	07/19/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/17/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-19): Seller provided proof of the borrowers receipt of the appraisal	07/19/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-03): Seller provided a revised fraud report with all interested parties included.	07/03/2017
The file is missing the required HOA Information		Reviewer Comment (2017-07-14): Seller provided the Required HOA information.	07/14/2017
The file was missing a copy of the seller’s CD. Note: the borrower’s CD disclosed $xx in seller paid fees. If the seller’s CD discloses additional seller paid fees, provided a post-close CD adding all seller paid fees and a copy of the letter of explanation sent to the borrower disclosing the changes.		Reviewer Comment (2017-07-11): The seller provided a copy of the seller’s CD. See the new condition for the seller paid fees not matching the borrowers CD.	07/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Per TILA regulations, all seller paid fees associated with the transaction must be disclosed on the borrowers CD. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-14): Seller provided a post close CD and LOX to the borrower		07/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Second Home	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202024557	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202024557	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/19/2017)
202024557	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202024557	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/764528)
202024557	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202024557	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202024557	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202024558	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,050.00 exceeds tolerance of $895.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202024558	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/06/19/2017)
202024558	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202024558	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing Lender’s wiring instructions		Reviewer Comment (2017-07-10): Seller provided a copy of the wiring instructions	07/10/2017
File contained documentation verifying the borrower received a copy of the appraisal on 06/08/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-10): see new condition requesting waiver	07/10/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrowers receipt of the disclosure.		Reviewer Comment (2017-07-07): Seller provided proof the disclosure was delivered to the borrower	07/07/2017
Per the VOE in file from the borrower’s prior employer, the borrower was employed from 11/14/2011 to 12/31/2011. The final 1003 disclosed 11/01/2014 to 08/15/2015. Per Appendix Q, any gap in employment one month or greater, must be verified. Provide a letter of explanation from the borrower explaining the gap in employment from 12/31/2011 to 08/15/2015 or a VVOE verifying the dates disclosed on the final 1003.		Reviewer Comment (2017-07-11): The seller provided a VOE verifying the borrower’s prior employment start and end dates.	07/11/2017
Per the VOE in file from the borrower’s prior employer, the borrower was employed from 11/14/2011 to 12/31/2011. The final 1003 disclosed 11/01/2014 to 08/15/2015. Per Appendix Q, any gap in employment one month or greater, must be verified. Provide a letter of explanation from the borrower explaining the gap in employment from 12/31/2011 to 08/15/2015 or a VVOE verifying the dates disclosed on the final 1003.		Reviewer Comment (2017-07-11): The seller provided a VOE verifying the borrower’s prior employment start and end dates.	07/11/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents (if applicable) and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-07): Seller provided a fraud report to include all interested parties.	07/07/2017
The seller requested a waiver for the ECOA condition. The file contained documentation verifying the borrower received a copy of the appraisal on 06/08/2017 which is prior to the revised appraisal date of [MM/DD/YYYY].		Reviewer Comment (2017-07-12): Client elects to waive the Non-Material Exception.			07/12/2017
Appraisal Fee was disclosed as $895.00 on the LE dated 05/26/2017, but disclosed as $1,050.00 on Final Closing Disclosure. Tolerance cure of $xx was disclosed on the Final Closing Disclosure.				06/28/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-07-07): Seller provided proof of delivery of the initial CD	07/07/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-07): Seller provided a fraud report including all interested parties	07/07/2017
The insurance documentation provided in file did not contain a policy number. Provide a revised insurance declarations page or policy with the policy number.		Reviewer Comment (2017-07-11): Seller provided a revised copy of the homeowner’s insurance declarations page	07/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202024559	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202024559	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Cash From To Borrower	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Amount of Cash to Close that does not match the Final value of Cash to Close in the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
202024559	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
202024559	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
202024559	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202024559	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Flood Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Flood Insurance Premium under Prepaids. (Final/[MM/DD/YYYY])
202024559	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202024559	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202024559	Credit	Credit	Misc	Credit Exception:
202024560	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202024560	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing the YTD Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-08-01): Seller provided the Balance Sheet as required Reviewer Comment (2017-07-30): Seller provided a Balance Sheet, however the balance sheet does not have any information regarding the date the balance sheet was for, or the year. Additionally it was not signed or dated. Exception remains.	08/01/2017
Page 1 and the calculating cash to close section of the final CD disclosed $xx cash to close. The Summaries of Transactions for the final CD disclosed $4,175.08 cash to close. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD correcting the Summaries of Transactions and page 1.		07/13/2017
The final CD disclosed the disbursement date as [MM/DD/YYYY], which was less than 3 business days from the transaction date of [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD correcting the closing date and the disbursement date.		07/13/2017
The file is missing the YTD Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-08-01): Seller provided the Balance Sheet as required. Reviewer Comment (2017-07-30): Seller provided a Balance Sheet, however the balance sheet does not have any information regarding the date the balance sheet was for, or the year. Additionally it was not signed or dated. Exception remains.	08/01/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD correcting the closing date.		07/13/2017
The number of months of prepaid flood insurance premium was blank in section F of the final CD. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD correcting the number of months of prepaid flood insurance.		07/13/2017
The seller provided a post-close CD to cure several conditions. The post-close CD reflected changes in the closing costs and payoffs along with additional funds required from the borrower to close. Provide a copy of the final settlement statement verifying the loan disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-07-27): Seller provided the final Settlement statement verifying the loan disbursed as disclosed on the PCCD.	07/27/2017
Wire instructions in the file are for the Title company and not for the Lender. Please provide Lender wire instructions.		Reviewer Comment (2017-08-04): Lender’s wiring instructions have been provided.	08/04/2017
Loan is aged >45 days from the Note. Please provide an LOX and Pay history as required per guidelines.		Reviewer Comment (2017-08-04): LOX for the delay has been provided.	08/04/2017
Missing lender’s wiring instructions		Reviewer Comment (2017-07-05): Seller provided a copy of the wiring instructions	07/05/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-05): Secondary valuation was ordered and received.	07/05/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202024560	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202024560	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202024560	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 4/15/2017. ([REDACTED]/Schedule C)
202024560	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 05/26/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/05/26/2017)
202024560	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202029782	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202029782	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202029782	Credit	Credit	Misc	Credit Exception:
202029782	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202029786	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/219340)
202029786	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/219340)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing all required information for HOA		Reviewer Comment (2017-07-11): Seller provided the required HOA information	07/11/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrowers receipt of the disclosure.		Reviewer Comment (2017-07-05): Seller provided proof of delivery of the disclosure.	07/05/2017
		Reviewer Comment (2017-06-30): Client has elected to waive the condition			06/30/2017
The file was missing documentation verifying the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-07-05): Seller provided proof of delivery and the borrowers consent to receive electronic documentation on 05/29/2017	07/05/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs including fees paid before closing, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-07): Seller provided a post-close CD and a copy of the settlement statement confirming the seller paid fees were disclosed to the borrower. Reviewer Comment (2017-07-05): Seller provided a post-close CD that disclosed seller paid fees which did not match the seller’s CD. Also, the borrower’s closing costs decreased and the amount of cash needed to close decreased. Provide a copy of the final settlement statement to confirm the seller paid closing costs and proof the loan disbursed as disclosed on the post-close CD. Condition remains		07/07/2017
The file contained a fraud report and the SAM and LDP search ; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser and the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-11): Seller provided a fraud report including all interested parties	07/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD and settlement statement shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-11): Seller provided a post-close CD correcting the seller paid fees.		07/11/2017
The credit report in file dated 04/03/2017 was illegible. Provide a legible copy of the credit report.		Reviewer Comment (2017-07-10): Seller provided a copy of the legible credit report.	07/10/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-10): Secondary valuation was ordered and received.	07/10/2017
The homeowner’s insurance documentation in the file verified a premium amount of $994.00; however the amount of homeowner’s insurance included in the payment stream on page 1 and the escrow amounts on pages 2 and 4 were based on a premium of $957.00. The file contained an insurance binder verifying a premium of $957.00; however a binder is unacceptable per the guidelines. Provide a copy of the insurance declarations page or policy verifying a premium of $957.00 or provide a post-close CD correcting the payment stream and escrow amounts using the premium of $994.00, a copy of the letter of explanation sent to the borrower disclosing the changes made, a revised initial escrow account disclosure and first payment letter reflecting the correct amount of monthly insurance, and a copy of the refund check and proof of delivery if any refund is due to the borrower based on the revised information.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the insurance premium and escrow amount, along with a revised IEAD and first payment letter.		07/28/2017
The homeowner’s insurance documentation in the file verified a premium amount of $994.00; however the amount of homeowner’s insurance included in the payment stream on page 1 and the escrow amounts on pages 2 and 4 were based on a premium of $957.00. The file contained an insurance binder verifying a premium of $957.00; however a binder is unacceptable per the guidelines. Provide a copy of the insurance declarations page or policy verifying a premium of $957.00 or provide a post-close CD correcting the payment stream and escrow amounts using the premium of $994.00, a copy of the letter of explanation sent to the borrower disclosing the changes made, a revised initial escrow account disclosure and first payment letter reflecting the correct amount of monthly insurance, and a copy of the refund check and proof of delivery if any refund is due to the borrower based on the revised information.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the insurance premium and escrow amount, along with a revised IEAD and first payment letter. Reviewer Comment (2017-07-14): Seller provided a post-close CD that matched the final CD in the file. The file is missing a copy of the insurance dec page or policy. Condition remains		07/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202029786	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
202029786	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
202029786	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202029786	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202029786	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/26/2017)
202029786	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
202029786	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202029786	Credit	Credit	Misc	Credit Exception:
202029786	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202029787	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202029787	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $675.00 exceeds tolerance of $550.00. Sufficient or excess cure was provided to the borrower at Closing. (7508)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The homeowner’s insurance documentation in the file verified a premium amount of $994.00; however section F of the final CD collected $1,134.26 for a 12 month premium. The file contained an insurance binder verifying a premium of $957.00 and states a balance of $177.26 is due; however a binder is unacceptable per the guidelines. Provide documentation verifying the actual premium along with clarification of the premium collected in section F of the final CD.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the insurance premium and escrow amount, along with a revised IEAD and first payment letter.		07/28/2017
Provide a revised DU approval to match the final terms. The DU in file has a loan amount of $461,500.00; however the note verified a loan amount of $463,500.00.		Reviewer Comment (2017-07-14): Seller provided a revised DU matching the final terms	07/14/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-07-13): Secondary valuation was ordered and received.	07/13/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-13): Seller provided a copy of the wiring instructions	07/13/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/12/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-08-03): Client elects to waive the non-material exception. Reviewer Comment (2017-08-01): Client requesting waiver - exception remains pending AIG response. Reviewer Comment (2017-07-28): Seller provided a copy of the initial appraisal ; however documentation verifying a copy of the revised repor was not provided. If the borrower did not receive a copy of the updated report, a waiver request is required. The condition remains. Reviewer Comment (2017-07-23): Seller provided an LOX stating that the 2nd appraisal was not sent to the borrower because the changes and revisions were underwriting conditions. However, the delivery of all appraisals regardless of what change is made is required. Exception remains. Reviewer Comment (2017-07-13): Seller provided proof the borrower received a copy of the appraisal which is still prior to the report date. The borrower is required to receive all copies of the appraisal. Condition remains			08/03/2017
The insurance documentation in the file has an ending effective date of 08/15/2017; provide a copy of the renewal insurance policy/declarations page.		Reviewer Comment (2017-07-19): Seller provided a copy of the renewal insurance policy. Reviewer Comment (2017-07-14): Seller provided a post-close CD that matched the final CD in the file. The file is missing a copy of the insurance dec page or policy. Condition remains Reviewer Comment (2017-07-13): Seller provided an additional copy of the insurance documentation that was provided in the original file. A copy of the renewal policy/declarations page is required. Condition remains	07/19/2017
The Summaries of Transactions section of the final CD did not disclose the payee for the mortgage payoff. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD adding the payee of the mortgage to the Summaries of Transactions section.	07/13/2017
The loan is seasoned > 45 days from closing. Provide a letter of explanation for the delay in condition clearing as required by the guidelines and a payment history (if applicable).		Reviewer Comment (2017-08-20): Seller provided the required LOX. and pay history. Reviewer Comment (2017-08-16): Seller provided the Pay History, however did not provide the LOX for the delay as required. Exception remains pending the LOX.	08/20/2017
The seller provided a post-close CD correcting the homeowner’s insurance premium and escrow amounts; however the borrower’s cash needed to close was reduced by $107.26. Provide a copy of the refund check sent to the borrower and proof of delivery or a copy of the final settlement statement confirming the loan was disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-08-16): Seller provided evidence of the refund to the borrower for the difference in the Premium.	08/16/2017
Seller’s Final Closing Disclosure disclosed total seller paid fees of $xx. Buyer’s Final Closing Disclosure disclosed seller paid fees of $xx. Closing Disclosure was re-disclosed on 06/16/2017 with the correct seller-paid fees. Note: the post-close CD dated 06/16/2017 corrected the seller paid fees; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-07-07): Seller provided a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrowers.		07/07/2017
Appraisal Field Review Fee was disclosed as $550.00 on the LE dated 05/30/2017, but disclosed as $675.00 on Final Closing Disclosure. Cure of $xx was disclosed on the Final Closing Disclosure.				06/30/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202029787	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202029788	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
202029788	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202029789	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202029790	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/770609)
202029790	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202029790	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202029790	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202029791	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202029791	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202029791	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, listing and selling agents (if applicable), and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-07): Seller provided a fraud report with all interested parties.	07/07/2017
The file was missing documentation verifying the lender’s QM Designation		Reviewer Comment (2017-07-06): Seller provided proof of the loan designation	07/06/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-06): Secondary valuation was ordered and received.	07/06/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-06): Seller provided a copy of the wiring instructions	07/06/2017
Per the final 1003 and the VVOE’s in file, the borrower had a gap in employment from 12/02/2016 to 01/03/2017. Per appendix Q, a letter of explanation from the borrower is required to explain all gaps of one month or greater.		Reviewer Comment (2017-07-13): Seller provided a LOX from the borrower disclosing the gap in employment history.	07/13/2017
Per the final 1003 and the VVOE’s in file, the borrower had a gap in employment from 12/02/2016 to 01/03/2017. Per appendix Q, a letter of explanation from the borrower is required to explain all gaps of one month or greater.		Reviewer Comment (2017-07-13): Seller provided a LOX from the borrower disclosing the gap in employment history.	07/13/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx ($xx dwelling coverage + $xx extended replacement cost coverage). The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value or $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-07-14): Seller provided evidence of sufficient insurance.	07/14/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-13): Secondary valuation was ordered and received.	07/13/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the closing date.		07/18/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Note: post-close CD dated 06/19/2017 disclosed $xx in seller paid closing costs. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the seller paid fees.		07/18/2017
The file was missing a copy of the required fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, seller, listing and selling agents (if applicable), the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-18): Seller provided a copy of the fraud report including all interested parties. Reviewer Comment (2017-07-10): The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, as required by the guidelines. Condition remains	07/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202029792	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202029792	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202029792	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Seller Credit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Seller Credit that does not match the Seller Credit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
202029792	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202029792	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202034820	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202034820	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202034820	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
202034820	Credit	Loan Package Documentation	Closing / Title	Security Instrument Error: Security Instrument Maturity Date was not provided
202034820	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202034820	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The amount of hazard insurance coverage verified on the documentation in file was $xx ($xx dwelling coverage + $xx extended replacement cost coverage). The appraisal disclosed a total estimate of cost-new of $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-07-12): Seller provided evidence of sufficient coverage.	07/12/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-12): Seller provided a post close CD and LOX to the borrower correcting the closing date.		07/12/2017
The seller credit disclosed in the Summaries of Transactions on the final CD dated 06/12/2017 did not match the seller credit in the Calculating Cash to Close section. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-14): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower Reviewer Comment (2017-07-12): Seller provided a PCCD, however the Calculating cash to close section still does not reflect the seller credit of 5,000 reflected in the summary of transactions. Exception remains.		07/14/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-12): Seller provided the PCCD and LOX to the borrower reflecting the Seller paid fees		07/12/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-14): Seller provided the complete Fraud report as required.	07/14/2017
The file was missing a signed copy of the 2015/2016 1040’s and a YTD P&L and Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-07-11): Seller provided a copy of the YTD P&L and Balance Sheet and the signed 2015/2016 1040’s.	07/11/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrowers receipt.		Reviewer Comment (2017-07-11): Seller provided proof of the borrowers receipt of the disclosure.	07/11/2017
The file was missing a signed copy of the 2015/2016 1040’s and a YTD P&L and Balance Sheet for the borrower’s sole proprietorship, as required by Appendix Q.		Reviewer Comment (2017-07-11): Seller provided a copy of the YTD P&L and Balance Sheet and the signed 2015/2016 1040’s.	07/11/2017
The Deed of Trust in file did not identify the maturity date. Provide a revised copy of the Deed of Trust and proof the revised copy was sent for re-recording.		Reviewer Comment (2017-08-14): Seller provided the Revised DOT and proof of recording. Reviewer Comment (2017-08-08): Seller provided a Copy of a check and notice of intent to have the Deed of Trust re-recorded correcting the missing maturity date, however, the updated DOT with the Maturity date was not provided. Unable to determine the maturity date.	08/14/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-11): Secondary valuation was ordered and received.	07/11/2017
The file was missing proof of the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-07-11): Seller provided a copy of the e-consent disclosure.	07/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202034820	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202034821	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202034821	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
202034821	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202034821	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202034821	Credit	Credit	Misc	Credit Exception:
202034822	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202034822	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202034823	Compliance	Loan Package Documentation	Closing / Title	(Doc Error) Security Instrument Error: Notary/Security Instrument Date was not provided
202034823	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/06/05/2017)
202034823	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-20): Client elects to waive the non-material exception, Reviewer Comment (2017-08-11): seller provided a copy of the regs and disputed that the PCCD is not required. However the Final CD reflects 0 paid by the seller which doesn’t match the seller paid fee’s on the Seller CD. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made. Reviewer Comment (2017-08-08): Seller provided a Copy of a Check made out to the Title company. This check is for the re-recording of the DOT. The Post close CD with the seller paid fee’s is still required and has not been provided. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made. Reviewer Comment (2017-07-11): The seller provided a copy of the final CD that was provided in the original file. The CD did not disclose any seller paid fees. Per TILA regulations, all seller paid fees associated with the transaction must be disclosed on the borrowers CD. Provide a post-close CD adding the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made. Condition remains			08/20/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-10): Seller provided a copy of the CDA.	07/10/2017
The TIL disclosed a closing date of [MM/DD/YYYY] and a disbursement date of [MM/DD/YYYY]. The actual closing date was [MM/DD/YYYY] with a disbursement date of [MM/DD/YYYY].		Reviewer Comment (2017-07-05): Seller provided a post-close CD correcting the disbursement date.		07/05/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-07-05): Seller provided a post-close CD correcting the closing date.		07/05/2017
The file was missing the required fraud report to include all interested parties to the transaction. Provide a fraud report to include the borrowers, seller, listing and selling agents (if applicable), the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-10): Seller provided a copy of the fraud report with all interested parties	07/10/2017
The file was missing documentation verifying there were no draws on the HELOC paid off at closing in the past 12 months greater than $2,000.00.		Reviewer Comment (2017-07-18): Seller provided proof there were no draws on the HELOC.	07/18/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-10): Secondary valuation was ordered and received.	07/10/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-10): Seller provided a post-close CD correcting the seller paid fees.		07/10/2017
The Deed of Trust disclosed a notary date of [MM/DD/YYYY]. Provide a corrected Deed of Trust and proof the Deed of Trust was re-recorded.		Reviewer Comment (2017-07-20): Seller provided the Corrected DOT as required.	07/20/2017
The file was missing proof of the borrowers receipt of the appraisal with a report date of [MM/DD/YYYY].		Reviewer Comment (2017-07-21): Seller provided proof the borrower received a copy of the appraisal. Reviewer Comment (2017-07-13): The seller provided proof the borrower received the appraisal , which was less than 3 business days prior to consummation. Provide proof of earlier delivery of the appraisal report or a copy of the waiver signed by the borrower allowing delivery within 3 business days of consummation. Condition remains	07/21/2017
Cure for credit report fee was not provided. Note: The file contained a post-close CD providing a cure of $xx; however a copy of the refund check and proof of delivery or a copy of the final settlement statement verifying the loan was disbursed matching the PCCD was not provided		Reviewer Comment (2017-07-13): Seller provided a post-close CD with the cure and a copy of the settlement statement confirming the loan was disbursed as disclosed on the post-close CD.		07/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202034823	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $37.98 exceeds tolerance of $33.00. Insufficient or no cure was provided to the borrower. (7520)
202034823	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202034824	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202034824	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202034824	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202034825	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202034825	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202035431	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
202035431	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202035431	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202035432	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,100.00 exceeds tolerance of $800.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as $33.00 on the initial LE, but disclosed as $37.98 on Final Closing Disclosure. The file contained a post-close CD providing a cure of $xx; however a copy of the refund check and proof of delivery or a copy of the final settlement statement verifying the loan was disbursed matching the PCCD was not provided.		Reviewer Comment (2017-07-13): Seller provided a post-close CD with the cure and a copy of the settlement statement confirming the loan was disbursed as disclosed on the post-close CD.		07/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Note: the post-close CD in file verified $xx in seller paid fees. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD and a copy of the settlement statement adding the seller paid fees.		07/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-10): See new condition requesting a waiver	07/10/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-10): Secondary valuation was ordered and received.	07/10/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-07-11): Client has elected to waive the condition			07/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-07): A PCCD and LOX to the borrower was provided.	07/07/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-07): Seller provided the Fraud report with all parties included as required.	07/07/2017
The final CD disclosed all title fees in section C; however the provider for the title fees was disclosed on the SSPL and the fees should be disclosed in section B. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-10): Seller provided a post-close CD correcting the fees to section B.		07/10/2017
The file was missing the required HOA information		Reviewer Comment (2017-07-18): Seller provided the required HOA information	07/18/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-10): Seller provided a copy of the wiring instructions	07/10/2017
A cure of xx was provided at closing which is sufficient to cure the under disclosure of the appraisal and desk review fee.				07/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202035432	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of $150.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75106)
202035432	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202035434	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202035434	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower:[REDACTED] ___
202035435	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202035435	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202035435	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-5,625.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-7,875.00. (9300)
202035435	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,000.00 exceeds tolerance of $850.00. Insufficient or no cure was provided to the borrower. (7506)
202035435	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202035435	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/06/08/2017)
202035435	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
A cure of xx was provided at closing which is sufficient to cure the under disclosure of the appraisal and desk review fee.				07/03/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx. The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value or $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-07-11): Seller provided documentation verifying the maximum insurable value from the insurance provided.	07/11/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-17): Secondary valuation was ordered and received.	07/17/2017
The file was missing the last two years IRS transcripts as required by the guidelines. Note: the last two years 1040’s with all schedules will be required if transcripts identify self-employment income or unreimbursed employee expenses.		Reviewer Comment (2017-07-20): Seller provided the 1040 Tax transcripts as required per guidelines. Reviewer Comment (2017-07-17): The seller provided the 2015/2016 W2 IRS transcripts and not the 2015/2016 1040 transcripts as required by the guidelines. Condition remains	07/20/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-10): Secondary valuation was ordered and received.	07/10/2017
Cure for the appraisal fee of $150.00 and the lender credit of $2,250.00 was not provided. Note: the file was missing a valid change of circumstance disclosure for the increased appraisal fee and the decreased lender credit.		Reviewer Comment (2017-07-10): Seller provided a valid change of circumstance disclosure verifying the increased appraisal fee and the decreased lender credit.	07/10/2017
The lender credit was disclosed as $7,875.00 on the initial LE dated 05/26/2017, but disclosed as $5,625.00 on the Final Closing Disclosure. The credit was decreased on the LE dated 06/12/2017 but the file did not contain a valid change of circumstance disclosure for the decreased credit.		Reviewer Comment (2017-07-10): Seller provided a valid change of circumstance disclosure verifying the decreased lender credit.	07/10/2017
The appraisal fee was disclosed as $xx on the initial LE dated 05/26/2017, but disclosed as $xx on the Final Closing Disclosure. The fee was increased on the LE dated 06/02/2017 but the file did not contain a valid change of circumstance disclosure for the increased fee.		Reviewer Comment (2017-07-10): Seller provided a valid change of circumstance disclosure verifying the increased appraisal fee.	07/10/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-10): See new condition requesting waiver	07/10/2017
The file was missing documentation verifying the borrowers receipt of the appraisal report.		Reviewer Comment (2017-07-10): Seller provided proof of receipt of the appraisal	07/10/2017
Seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx		Reviewer Comment (2017-07-11): Client has waived the condition			07/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202035436	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202036155	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202036155	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202036156	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202036156	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202036156	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/15/2017)
202036156	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202036156	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Borrower Paid Cash to Close	TILA-RESPA Integrated Disclosure - Costs at Closing: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Cash to Close in the Costs at Closing Table that does not match the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
202036156	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $125.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103)
202036156	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202036156	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided the FSS as required. Reviewer Comment (2017-07-11): Seller provided a post-close CD adding the seller paid fees; Provide a copy of the final ALTA settlement statement to confirm the seller paid fees and the borrower paid fees disclosed on the post-close CD. Condition remains	07/13/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-10): Secondary valuation was ordered and received.	07/10/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-11): Seller provided a revised fraud report to include all interested parties.	07/11/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-10): Secondary valuation was ordered and received.	07/10/2017
The required HOA information was not provided		Reviewer Comment (2017-07-10): Seller provide the required HOA information	07/10/2017
The file contained documentation verifying the borrower received a copy of the appraisal on 05/16/2017, which was prior to the revised appraisal report date of [MM/DD/YYYY] (post close). Provide documentation verifying the borrower received a copy of the appraisal with the report date of [MM/DD/YYYY]		Reviewer Comment (2017-07-14): See new Exception for a request for waiver.	07/14/2017
Cure for the Appraisal Re-inspection fee of $125.00 was not provided.		Reviewer Comment (2017-07-10): Seller provided a valid change of circumstance for the addition of the re-inspection fee.	07/10/2017
The final CD dated 06/14/2017 disclosed $3,255.87 cash from the borrower on page 1 in the Costs at Closing; however the Calculating Cash to Close and Summaries of Transactions sections disclosed $3,255.87 cash to the borrower. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD and a copy of the final settlement statement, correcting the cash from the borrowers. Reviewer Comment (2017-07-12): Seller provided a PCCD, however this differs from the FSS.Exception remains.		07/13/2017
Fee was not disclosed on the initial Loan Estimate. The fee was added on the LE re-disclosed on 05/24/2017; however a valid change of circumstance disclosure was not provided. Provide a post-close CD, a copy of the refund check for $125.00, proof of delivery, and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-10): Seller provided a valid change of circumstance for the addition of the re-inspection fee.	07/10/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD/final settlement statement shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-10): See new condition requesting a waiver	07/10/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD/final settlement statement shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-07-17): Client has elected to waive the condition			07/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202036156	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202036157	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $750.00 exceeds tolerance of $600.00. Insufficient or no cure was provided to the borrower. (7506)
202036157	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $650.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507)
202036157	Property	Property - Appraisal	General Appraisal Requirements	Valuation Exception:
202036157	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202036157	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202036158	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202036158	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202036158	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202036158	Compliance	Compliance	Federal Compliance	TRID Invalid Section B Combinations	TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [MM/DD/YYYY] reflects a fee Paid To lender or broker for fee within Services Borrower Did Not Shop For section. (Final/[MM/DD/YYYY])
202036158	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller is requesting an waiver for the Evidence of the appraisal being provided to the borrower. A minor correct was made but the appraisal was not sent to the borrower in a timely manner.		Reviewer Comment (2017-07-18): Client has elected to waive the condition			07/18/2017
Erroneous exception: Lender credit in the amount of 800.00 was provided at closing to cure the under disclosure of the appraisal fees. Additional cure is not required.		Reviewer Comment (2017-07-06): Cure provided on the final CD		07/06/2017
Erroneous exception: Lender credit in the amount of 800.00 was provided at closing to cure the under disclosure of the appraisal fees. Additional cure is not required.		Reviewer Comment (2017-07-06): Cure provided on the final CD		07/06/2017
The field review provided in the file was not signed by the appraiser.		Reviewer Comment (2017-07-13): Seller provided the signed field review.	07/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-10): See new condition requesting waiver	07/10/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-07-19): Client has elected to waive the condition			07/19/2017
Post close CD properly disclosed the cure for the under disclosure. Post close CD, Lender LOE and refund check have been indexed.		Reviewer Comment (2017-07-06): Seller provided a post close CD, Lender LOE, proof of delivery, and a copy of the refund check.		07/06/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-07-06): Seller provided a post-close CD correcting the closing date.		07/06/2017
Lender wire instructions have not been provided.		Reviewer Comment (2017-07-10): Seller provided a copy of the wiring instructions	07/10/2017
The Tax Service Fee was paid to the lender in section B of the final CD and the post-close CD’s in file. Fees payable to the lender must be included in section A. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-11): Seller provided a post-close CD correcting the payee for the tax service fee.		07/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including fees paid before closing), borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-14): Seller provided a post Close CD, LOX to the borrower and evidence of delivery with the correct Seller paid fee’s Reviewer Comment (2017-07-11): The seller provided a post-close CD correcting the seller paid fees; however the total seller paid fees were not totaled on the bottom of page 2. Provide a revised post-close CD correcting section J of the page 2. Condition remains		07/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202036158	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $3,545.00 exceeds tolerance of $2,348.00 plus 10% or $2,582.80. Insufficient or no cure was provided to the borrower. (0)
202041475	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency,loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street,loan_valuation.hoa_address_city, loan_valuation.hoa_address_state,loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202041475	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202041475	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202041476	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202041476	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202043313	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202043313	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202043313	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202043315	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202043318	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues,loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street,loan_valuation.hoa_address_city, loan_valuation.hoa_address_state,loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The additional title fee/settlement fee of 877.50 is seller paid. A post close CD was provided to the borrower for the under disclosure of settlement fees. Post close CD, lender LOE and refund check have been indexed in the document inventory.		Reviewer Comment (2017-07-06): Seller provided a post close CD, lender LOE, proof of delivery, and refund check		07/06/2017
The file was missing the required HOA information		Reviewer Comment (2017-07-20): Seller provided the Full HOA information.	07/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including fees paid prior to closing), borrower’s final CD shows $xx. Note: the post-close CD in file disclosed $xx in seller paid fees. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): Letter of Explanation & Corrected Closing Disclosure to the borrower matching the seller CD.		07/20/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-20): Desk review was ordered and received.	07/20/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-10): Secondary valuation was ordered and received.	07/10/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-10): Seller provided Wire instructions.	07/10/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-13): Secondary valuation was ordered and received.	07/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made. Note: the file contained a post-close CD correcting the seller paid fees however the letter of explanation sent to the borrower did not disclose the change in seller paid fees.		Reviewer Comment (2017-07-17): Seller provided a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		07/17/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-13): Seller provided a copy of the fraud report including all interested parties	07/13/2017
The file was missing the address for the HOA Management Company.		Reviewer Comment (2017-07-19): Seller provided the HOA information as required per guidelines. Reviewer Comment (2017-07-14): The seller provided a Processor cert with the HOA contact name, and number, however the physical address of the HOA was not provided. Please provide the physical address of the HOA as required.	07/19/2017
The file is missing the required HOA information		Reviewer Comment (2017-07-14): Seller provided the HOA information as required.	07/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202043318	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202043318	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202043318	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
202043320	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202043320	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202043320	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202043320	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202043320	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file
202043320	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: Property type discrepancy.	Appraisal property type of ___ does not match AUS property type of ___.
202043320	Property	Property - Appraisal	General Appraisal Requirements	Valuation Exception:
202043320	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing the borrower’s consent to receive electronic documentation.		Reviewer Comment (2017-07-13): Seller provided a copy of the e-consent disclosure	07/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD correcting the seller paid fees		07/13/2017
The final CD disclosed the title fees in section B; however the provider for these fees were not disclosed on the SSPL. The fees should have been disclosed in section C. Provide a post-close CD moving the fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD correctly disclosing the fees in the proper section.		07/13/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-07-12): Seller provided a copy of the wiring instructions	07/12/2017
The file is missing the required HOA Information		Reviewer Comment (2017-07-26): The subject property is not a PUD. The documentation in file confirms the subject is not a PUD.	07/26/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of delivery to the borrower.		Reviewer Comment (2017-07-12): Seller provided proof the disclosure was received by the borrowers	07/12/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees. If the seller’s CD does not match the final CD, provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-12): Seller provided a copy of the seller’s CD	07/12/2017
		Reviewer Comment (2017-07-24): Seller provided a desk review which is acceptable in lieu of the FNC report Reviewer Comment (2017-07-20): Seller provided the Desk review that was in the file. However the loan was locked prior to 6/2 and therefore an FNC report is required per guidelines.	07/24/2017
Provide a revised DU approval identifying the subject property as a Detached SFR. The current DU identified the subject as a PUD.		Reviewer Comment (2017-07-27): Seller provided a revised DU reflecting the property as a detached SFR.	07/27/2017
Provide a revised copy of the appraisal identifying the subject as a Detached SFR and not in a PUD.		Reviewer Comment (2017-07-27): Seller provided the updated appraisal.	07/27/2017
Provide documentation from the title company that the Deed of Trust was sent for re-recording without the PUD Rider.		Reviewer Comment (2017-07-30): Seller provided evidence of the re-recorded DOT without the PUD rider.	07/30/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202043321	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202043321	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202043321	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202043321	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $400.00. Insufficient or no cure was provided to the borrower. (7506)
202043321	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $749.94 exceeds tolerance of $534.00 plus 10% or $587.40. Insufficient or no cure was provided to the borrower. (0)
202043322	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202043322	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202043322	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202043322	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202043322	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202043323	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Interest	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose figures for prepaid interest under Prepaids. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Lenders wire instructions were not provided.		Reviewer Comment (2017-07-13): Seller provided a copy of the wiring instructions	07/13/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-13): Secondary valuation was ordered and received.	07/13/2017
Cure of $xx was reflected on the final CD for the appraisal fee violation, which is insufficient to cure $582.54 for the appraisal and survey fee violations.		Reviewer Comment (2017-07-20): Seller provided corrected post close CD, letter of explanation to the borrower and evidence of delivery, along with refund check, which is the remaining amount that needed to be cured.		07/20/2017
A lender credit was issued at closing in the amount of 450.00 which is sufficient to cure the under disclosure of the appraisal fee.		Reviewer Comment (2017-07-11): A cure of $xx was provided on the final CD,		07/11/2017
$132.54 violation due to the increase in the Survey Fee. The survey fee was disclosed as $350.00 on the initial LE, but disclosed as $615.94 on Final Closing Disclosure. No evidence of cure.		Reviewer Comment (2017-07-20): Seller provided corrected post close CD, letter of explanation to the borrower and evidence of delivery, along with refund check, which is the remaining amount that needed to be cured.		07/20/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx. The coverage amount was insufficient to cover the guideline requirement, which is the total estimate of cost-new per the appraisal or $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-07-18): Seller provided documentation verifying sufficient coverage.	07/18/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD correcting the seller paid fees		07/13/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-07-13): Seller provided a copy of the wiring instructions	07/13/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD correcting the closing date		07/13/2017
The seller provided a post-close CD adding the seller paid fees; however the borrower’s closing costs decreased and the borrower needed less cash to close. Provide a copy of the final Settlement Statement verifying the loan was disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-07-18): Seller provided a copy of the settlement statement confirming the loan disbursed as disclosed on the post-close CD.	07/18/2017
The prepaid interest in section F of the final CD did not disclose the end date. Note: the end date was corrected on the post-close CD in file dated 06/29/2017; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the prepaid interest end date.		07/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202043323	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202043323	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202043323	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202043324	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202043324	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202043324	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202043324	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202043324	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $690.00 exceeds tolerance of $525.00. Insufficient or no cure was provided to the borrower. (7506)
202043324	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.
202043324	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $375.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75104)
202043324	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 05/26/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/05/26/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. The file contained a post-close CD correcting the seller paid fees and matching the final settlement statement; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the seller paid fees.		07/18/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-07-19): Seller provided the Wire instructions.	07/19/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Note: the closing date was corrected on the post close CD dated 6/29/2017, but the file is missing a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the closing date.		07/18/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-07-14): Seller provided the Wire instructions as required.	07/14/2017
The file was missing the required HOA Information		Reviewer Comment (2017-07-20): All required HOA information has been provided.	07/20/2017
The post close CD issued on 6/30 disclosed a lender credit in the amount of $540.00 for the under disclosure of the appraisal fee and additional appraisal fees, however, a copy of refund to the borrower and proof of delivery was not provided.		Reviewer Comment (2017-07-14): Seller provided the Alta Settlement statement verifying the refund to the borrower.	07/14/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): A corrected post close CD, letter of explanation to the borrower and corrected seller’s CD have been provided, along with evidence the documents were sent to the borrowers. Reviewer Comment (2017-07-14): Seller provided the PCCD that was in the file. Please provide the corrected CD to the borrower reflecting the correct Seller paid fees. Exception Remains		07/20/2017
The appraisal fee was disclosed as $525.00 on the initial LE, but disclosed as $690.00 on the Final Closing Disclosure. A post close CD issued on 06/30/2017 disclosed a cure for the fee; however the file was missing a copy of the refund check and proof of delivery to the borrowers.		Reviewer Comment (2017-07-14): Seller provided evidence of the refund to the borrower, a PCCD, LOX and proof of delivery		07/14/2017
The reserves verified in file were equal to 7.22 months PITI reserves, which are less than the guideline requirement of 9 months. The lender qualified the borrower with reserves from the retirement account of $15,396.00; however the [REDACTED] IRA statement dated 03/31/2017 in the file was incomplete. The statement was missing pages 2, 4 and 5.		Reviewer Comment (2017-07-25): Seller provided additional assets meeting the requirement for the reserves.	07/25/2017
The appraisal review fee was not disclosed on initial Loan Estimate. A post close CD issued on 06/30/2017 disclosed a cure for the fee; however the file was missing a copy of the refund check and proof of delivery to the borrowers.		Reviewer Comment (2017-07-23): Seller provided an LOX to the Borrower, post Close CD, proof of refund and proof of delivery.		07/23/2017
The file contained documentation verifying the borrowers consent to receive electronic documentation on 05/27/2017; however the initial LE was sent on 05/26/2017. Provide proof of the borrowers consent to receive electronic documentation on or before 05/26/2017.		Reviewer Comment (2017-07-23): Seller comment states that evidence of mailing initial LE is in the file as the e-consent was not complete by both borrowers. Therefore the mailbox rule applied to the initial LE and borrower receipt was within a timely manner.	07/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202043324	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
202066685	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file
202066685	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202066685	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202066686	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202066686	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Dec Page not provided
202066687	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file
202066687	Compliance	Compliance	Federal Compliance	Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.	Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.
202066687	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202066687	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $200.00 exceeds tolerance of $157.00 plus 10% or $172.70. Insufficient or no cure was provided to the borrower. (0)
202066687	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing the last two years’ 1040’s for the borrowers due to the transcripts verified unreimbursed employee expenses for 2015/2016.		Reviewer Comment (2017-07-25): Seller provided the tax returns as required.	07/25/2017
Review Scope Report was not provided. Desk review on file.		Reviewer Comment (2017-07-18): Seller provided a copy of the FNC report Reviewer Comment (2017-07-13): Seller provided a response stating the CDA was accepted in pre-uw review in lieu of the FNC Scope report. Per AIG, the FNC Score is required for all loans locked prior to 06/02/2017. Condition remains	07/18/2017
Missing all required information for the HOA.		Reviewer Comment (2017-07-27): HOA information was provided by the seller.	07/27/2017
Esign consent agreement missing from file.		Reviewer Comment (2017-07-13): Seller provided proof of the borrowers consent to receive electronic documentation	07/13/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-13): Secondary valuation was ordered and received.	07/13/2017
The insurance documentation provided in the file was missing the effective date and expiration date along with the policy number. The file contained an insurance binder; however the binder is unacceptable per the guidelines.		Reviewer Comment (2017-07-13): Seller provided a copy of the homeowner’s declarations page	07/13/2017
The loan was locked prior to 06/02/2017.		Reviewer Comment (2017-07-23): Seller provided a Desk review in Lieu of the FNC which is acceptable per the client guidelines. Reviewer Comment (2017-07-17): Per the client, all loans locked prior to 06/02/2017 require the FNC report. Condition remains	07/23/2017
The file was missing a copy of the disclosure		Reviewer Comment (2017-07-17): Seller provided a document verifying the LO Compensation	07/17/2017
Cure for recording fee of $27.30 was not provided.		Reviewer Comment (2017-07-17): Seller provided a post-close CD, copy of the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.		07/17/2017
$27.30 violation due to increase in the recording fee. No evidence of cure.		Reviewer Comment (2017-07-17): Seller provided a post-close CD, copy of the refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.		07/17/2017
The seller provided a post-close CD verifying the cure for the 10% tolerance violation; however the post-close CD verified $205.00 less in closing costs. Provide a copy of the final settlement statement verifying the loan was disbursed with the lower closing costs disclosed on the post-close CD or proof the borrower received a refund for the lower closing costs.		Reviewer Comment (2017-07-23): Seller provided the proof of refund for the cure as well as the final settlement statement matching the PCCD. Reviewer Comment (2017-07-19): Seller provided an LOX stating that the cash to close on the Corrective CD was the same amount minus the 27.30 cure. There is still no evidence that the borrower received the $27.30 cure. Please provide a copy of the check and proof of delivery. Exception remains.	07/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202066688	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202066688	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Have Escrow - Escrowed Property Costs Year 1	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Escrowed Property Costs over Year 1. (Final/[MM/DD/YYYY])
202066688	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Have Escrow - Monthly Escrow Payment	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Monthly Escrow Payment. (Final/[MM/DD/YYYY])
202066688	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Have Escrow Account	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
202066688	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow Account	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
202066688	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202066688	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202066688	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $718.75 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200)
202066688	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202066688	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202066689	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-13): Secondary valuation was ordered and received.	07/13/2017
The final CD disclosed that the borrower would have an escrow account on page 4 in the Escrow Account Section. Per page 1 and 2 of the CD, the borrower does not have an escrow account. Provide a post-close CD with the correct section disclosed on page 4 and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD verifying there was not an escrow account.		07/13/2017
The final CD disclosed that the borrower would have an escrow account on page 4 in the Escrow Account Section. Per page 1 and 2 of the CD, the borrower does not have an escrow account. Provide a post-close CD with the correct section disclosed on page 4 and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD verifying there was not an escrow account.		07/13/2017
The final CD disclosed that the borrower would have an escrow account on page 4 in the Escrow Account Section. Per page 1 and 2 of the CD, the borrower does not have an escrow account. Provide a post-close CD with the correct section disclosed on page 4 and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD verifying there was not an escrow account.		07/13/2017
The final CD disclosed that the borrower would have an escrow account on page 4 in the Escrow Account Section. Per page 1 and 2 of the CD, the borrower does not have an escrow account. Provide a post-close CD with the correct section disclosed on page 4 and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD verifying there was not an escrow account.		07/13/2017
Cure for Loan Discount Points of $719.00 was not provided. Note: the file is missing a copy of the valid change of circumstance disclosure for the re-disclosed LE dated 06/16/2017 that added the fee.		Reviewer Comment (2017-07-18): Seller provided a valid change of circumstance disclosure verifying the addition of the Loan Discount Points. Reviewer Comment (2017-07-13): Seller provided a response stating the Loan Discount Points due to the lock extension. However, A valid change of circumstance was not provided for this LE. Condition remains	07/18/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including fees paid before closing), borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): See new condition requesting waiver	07/18/2017
The Loan Discount Points were added in the amount of $719.00 on the re-disclosed LE dated 06/16/2017; however the file is missing a valid change of circumstance disclosure for the addition of the fee.		Reviewer Comment (2017-07-13): See new condition requesting waiver Reviewer Comment (2017-07-13): Seller provided a response stating the Loan Discount Points due to the lock extension. However, A valid change of circumstance was not provided for this LE. Condition remains	07/13/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-13): The Fraud report in the file contained all interested parties	07/13/2017
Seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including fees paid before closing), borrower’s final CD shows $xx.		Reviewer Comment (2017-07-19): Client Elects to waive the non-material exception.			07/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): See new condition requesting waiver	07/13/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202066689	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $800.00 exceeds tolerance of $600.00. Insufficient or no cure was provided to the borrower. (7506)
202066689	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202066689	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202066689	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202066690	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202066690	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202066690	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $850.00 exceeds tolerance of $700.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202066690	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $55.40 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
202066690	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202066690	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
202069077	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Fee disclosed as ($600.00) on (LE dated 05/31/17), but disclosed as ($800.00) on Final Closing Disclosure.		Reviewer Comment (2017-07-10): Cure provided on Final CD.		07/10/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx. The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value of $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage. Note: the insurance binder, which is unacceptable per the guidelines, verified extended replacement cost coverage of 200%; however the declarations page did not.		Reviewer Comment (2017-07-13): Seller provided homeowner’s insurance documentation verifying sufficient coverage	07/13/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-13): Secondary valuation was ordered and received.	07/13/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-07-14): Client elects to waive.			07/14/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-13): Secondary valuation was ordered and received.	07/13/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including fees paid before closing), borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-13): Seller provided a post-close CD adding the seller paid fees		07/13/2017
A cure of xx was provided at closing which is sufficient to cure the under disclosure of the appraisal and credit report fees.				07/10/2017
A cure of xx was provided at closing which is sufficient to cure the under disclosure of the appraisal and credit report fees.				07/10/2017
Lender wire instructions have not been provided.		Reviewer Comment (2017-07-13): Seller provided the wiring instructions	07/13/2017
VVOE within 10 days of the Note date has not been provided. The VVOE in the file was dated 05/10/2017 and the loan closed [MM/DD/YYYY].		Reviewer Comment (2017-07-13): Seller provided a VVOE for the borrower	07/13/2017
The loan was locked prior to June 2nd, the FNC report was required.		Reviewer Comment (2017-07-17): See new condition requesting a waiver	07/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202069077	Credit	Property - Appraisal	Appraisal Documentation	Missing Document: Appraisal was made “subject to” and Form 442 was not provided.
202069077	Credit	Credit	Misc	Credit Exception:
202069077	Credit	Credit	Misc	Credit Exception:
202069078	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202069078	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202069078	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
202069078	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
202069078	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
202069080	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202069080	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202069080	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Post-funding condition. Provide a 442 dated within 180 days of the loan closing date verifying the postponed improvements were complete and provide evidence the funds have been released.		Reviewer Comment (2017-07-17): Client advised to clear and they will add a post-funding condition to cleanroom	07/17/2017
The file contains a holdback agreement for postponed improvements. Per the guidelines, it will be considered on a case by case basis.		Reviewer Comment (2017-07-21): This is an approved escrow holdback per the client.	07/21/2017
The seller is requesting a waiver for the FNC report. A CDA was provided in the original file even though the lock date was prior to 06/02/2017.	38.35 months reserves > 15 months guideline minimum - borrowers have verified reserves of $135,520.22. 769 representative FICO score > 680 guideline minimum - 89 points above guideline minimum	Reviewer Comment (2017-07-19): Client elects to waive.			07/19/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-18): Secondary valuation was ordered and received.	07/18/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Post close CD in file dated 6/15/2017 also reflects incorrect closing date. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the closing date		07/18/2017
The number of months for the prepaid property taxes in section F of the final CD was blank. The property taxes were removed on the post close CD dated 06/15/2017; however the file is missing a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): Seller provided a post-close CD removing the property taxes.		07/18/2017
Disbursement date was corrected on post close CD dated 6/15/2017, but the file is missing a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the closing date and the disbursement date was correct.		07/18/2017
The file was missing a copy of the homeowner’s insurance declarations page or policy that was in effect at closing and had sufficient coverage. The insurance documentation in file was the renewal policy with an effective date of 07/08/2017.		Reviewer Comment (2017-07-14): Seller provided evidence of sufficient insurance.	07/14/2017
Lender’s wire instructions were not provided.		Reviewer Comment (2017-07-17): Seller provided a copy of the wiring instructions	07/17/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-17): Secondary valuation was ordered and received.	07/17/2017
Per the documentation in file, the co-borrower had a gap in employment between 07/24/2015 and 08/31/2015. Per Appendix Q, a letter of explanation from the borrower is required for any gap in employment history of one month or more.		Reviewer Comment (2017-07-25): Seller provided the Gap Letter as required.	07/25/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	B	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202069080	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202069080	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/783540)
202069080	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED], Borrower: [REDACTED] ___ ___
202069080	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
202069080	Credit	Credit	Misc	Credit Exception:
202069080	Credit	Insurance	Insurance Documentation	Missing Document: Mortgage Insurance Certificate (MIC) not provided
202069080	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202069081	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202069081	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202069082	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202069082	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/223406)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-19): Seller provided a PCCD and LOX to the borrower reflecting the Correct seller paid fees		07/19/2017
Per the documentation in file, the co-borrower had a gap in employment between 07/24/2015 and 08/31/2015. Per Appendix Q, a letter of explanation from the borrower is required for any gap in employment history of one month or more.		Reviewer Comment (2017-07-25): Seller provided the Gap Letter as required.	07/25/2017
The file was missing a copy of the last two years’ 1040’s with all schedules, per the guidelines. The transcripts in file verified schedule C income and unreimbursed employee expenses.		Reviewer Comment (2017-07-28): Seller provided the complete transcripts as required. Reviewer Comment (2017-07-25): Seller provided the signature page of the 1040’s however the full tax return is required and is not in the file. Exception remains.	07/28/2017
Provide a revised AUS findings to match the final terms. LTV/CLTV/HCLTV of xx%. Financing concessions of $10,000 exceeds closings costs and was deducted for LTV determination.		Reviewer Comment (2017-08-04): Refund of excess seller credit, letter of explanation and corrected post close CD have been provided, along with evidence of deliver to borrower/seller. LTV remains at xx%;no MI or corrected AUS required.	08/04/2017
LTV exceeds 80% due to the adjustment to the LTV/CLTV reflecting the interested party contribution amount that exceeds the closing costs. Seller credit of $10,000 exceeded the Closing costs on the Final CD.		Reviewer Comment (2017-08-04): Refund of excess seller credit, letter of explanation and corrected post close CD have been provided, along with evidence of deliver to borrower/seller. LTV remains at xx%;no MI or corrected AUS required.	08/04/2017
Loan LTV exceeds 80% - no evidence of MI is in the file.		Reviewer Comment (2017-08-04): Refund of excess seller credit, letter of explanation and corrected post close CD have been provided, along with evidence of deliver to borrower/seller. LTV remains at xx%;no MI or corrected AUS required.	08/04/2017
Corrected post close CD is required. Seller credit on page 3 needs to be reduced by $180.79. It must show credit of $9,819.21, not $10,000. The corrected CD and a letter of explanation and evidence of delivery to the borrower must be provided.		Reviewer Comment (2017-08-08): Seller provided a post-close CD correcting the seller credit , a copy of the letter of explanation sent to the borrower disclosing the changes made, and proof of delivery.	08/08/2017
Review Scope Score is 819		Reviewer Comment (2017-07-12): Not required due to lock date prior to the requirement. Desk review ordered.	07/12/2017
The amount of hazard insurance coverage (on the current policy in effect at closing) verified on the documentation in file was $xx ($xx dwelling coverage + $xx extended replacement cost coverage). The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value of $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-07-19): Seller provided evidence of sufficient coverage. Reviewer Comment (2017-07-17): The seller provided a rebuttal stating the coverage from the renewal policy is sufficient. After further review, the coverage on the renewal policy can be used since the loan disbursed after the effective date of the renewal policy; however the coverage is still short. The coverage for “other structures” is not included in the calculation for sufficient coverage. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage. Condition remains	07/19/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-18): Secondary valuation was ordered and received.	07/18/2017
Homeowner’s insurance monthly amount of $70.33 (annual premium of $843.98) documented in file does not match the escrowed homeowner’s insurance premium amount per month calculation of $68.25 on the final closing disclosure.		Reviewer Comment (2017-07-14): Seller provided evidence that the Hazard insurance premium included a 1 time fee and therefore the figures on the final CD were correct.	07/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202069082	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/223406)
202069082	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. ([MM/DD/YYYY])
202069082	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller Change - Total Payoffs	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Total Payoffs and Payments. (Final/[MM/DD/YYYY])
202069082	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-1,813.13 is less than amount of binding Lender Credit previously disclosed in the amount of $-2,400.00. (9300)
202069082	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
202069082	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202069083	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202069083	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file
202069083	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202069083	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
202069083	Credit	Insurance	Insurance Documentation	Missing Document: Flood Insurance Policy not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Homeowner’s insurance monthly amount of $70.33 (annual premium of $843.98) documented in file does not match the escrowed homeowner’s insurance premium amount per month calculation of $68.25 on the final closing disclosure.		Reviewer Comment (2017-07-14): Seller provided evidence that the Hazard insurance premium included a 1 time fee and therefore the figures on the final CD were correct.	07/14/2017
		Reviewer Comment (2017-07-14): Seller provided a Valid CIC.	07/14/2017
Closing Disclosure reflects -$477,881 for both the Loan Estimate and the Closing Disclosure, however Did this Change is answered Yes.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the Calculating Cash to Close section.		07/18/2017
Lender Credit was re-disclosed in the amount of -$1,813 on LE dated 06/21/2017 but the file is missing a valid change of circumstance for the re-disclosed LE verifying new Lender Credit.		Reviewer Comment (2017-07-14): Seller provided the CIC for the updated lender credit.	07/14/2017
Provide a revised AUS findings to match the final terms: property type is a PUD and AUS findings reflects property is detached. It was verified with the appraisal and deed that subject is a PUD.		Reviewer Comment (2017-07-14): Revised DU was provided reflecting that the property is a PUD.	07/14/2017
Missing all required information for HOA		Reviewer Comment (2017-07-18): Seller provided the HOA information Reviewer Comment (2017-07-14): Seller provided an LOX that the HOA is not set up yet and that there would not be an HOA until all the houses were built, however the appraisal reflects there is an HOA. Please provide any contact information for the HOA contacts that are in place. Including physical address, phone number and contact name.	07/18/2017
The file is missing the lender’s wiring instructions		Reviewer Comment (2017-07-23): Seller provided the Wire instructions as required per guidelines.	07/23/2017
The loan was locked prior to June 2nd		Reviewer Comment (2017-07-23): Seller provided the desk review which is acceptable per the client. Reviewer Comment (2017-07-14): Seller provided a copy of the desk review, however the loan was locked prior to June 2nd and per the guidelines, a review scope report and score are required.	07/23/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a PCCD correcting the the seller paid fees		07/28/2017
The file contained a homeowner’s insurance binder, which is unacceptable per the guidelines. Provide a copy of the homeowner’s insurance declarations page or policy.		Reviewer Comment (2017-07-14): Seller provided the Dec page for the Homeowners insurance.	07/14/2017
The flood insurance declarations page disclosed a policy period of 11/17/2016 to 11/17/2017. The subject transaction was a purchase with a closing date of [MM/DD/YYYY]. Provide a copy of the flood insurance declarations page with a policy effective at closing.		Reviewer Comment (2017-07-14): Seller provided the Dec Page.	07/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202069083	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
202069084	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202069084	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $569.90 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200)
202069084	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Demand Feature	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan contains a Demand Feature. (Final/[MM/DD/YYYY])
202069084	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202069084	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] ___
202069084	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202069085	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202069085	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file
202069085	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202069085	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller provided a PCCD correcting the Seller paid fee’s. The closing costs, Loan costs and Cash to close on the PCCD have been reduced since closing. Please provide the Final Settlement statement or proof of refund to the borrower.		Reviewer Comment (2017-08-01): Seller provided a PCCD and LOX that matches the Final SS verifying that a refund is not required. Reviewer Comment (2017-07-30): Seller provided an Additional PCCD and LOX to the borrower, however the Closing Costs and Cash to close figures still differ from that at closing. Additionally, the LOX to the borrower does not reflect what what changed since closing and does not provide Clarity as t o why they are receiving the corrected CD. Provide a final SS and PCCD that match and provide a clear LOX to the borrower as to why they are receiving the docs. Exception remains.	08/01/2017
Cure for Loan Discount Points of $569.90 was not provided.		Reviewer Comment (2017-07-18): Seller provided a valid change of circumstance disclosure for the addition of the Loan Discount Points.	07/18/2017
Fee was not disclosed on Loan Estimate. The Loan Discount Points were disclosed on the final CD only. Provide a copy of the refund check for $xx, proof of delivery, a copy of the letter of explanation sent to the borrower disclosing the refund, and a post-close CD showing the cure.		Reviewer Comment (2017-07-18): Seller provided a valid change of circumstance disclosure for the addition of the Loan Discount Points.	07/18/2017
The final CD does not indicate if the loan has a demand feature on page 4. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the demand feature on page 4.		07/18/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): See new condition requesting a waiver	07/18/2017
The file is missing the 2015/2016 1040’s with all schedules, as required by the guidelines. Note: the transcripts verified unreimbursed employee expenses for both years.		Reviewer Comment (2017-07-19): Seller provided the 2015/2016 Tax returns as required due to the un-reimbursed expenses.	07/19/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-07-23): Client elects to waive the non-material exception.			07/23/2017
The file does not contain the required lender Wire instructions		Reviewer Comment (2017-07-19): Seller provided the Wire instructions.	07/19/2017
File does not contain the Review Scope Report required by the investor. The loan was locked prior to June 2nd.		Reviewer Comment (2017-07-20): Seller provided the Desk review in lieu of the FNC report which is acceptable per client.	07/20/2017
Missing all required information for the HOA		Reviewer Comment (2017-07-25): Seller Provided the HOA information as required.	07/25/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-19): Seller provided a PCCD correcting the closing date.		07/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202069085	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202069085	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202069086	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202069086	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/06/26/2017)
202069086	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $725.00 exceeds tolerance of $600.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202069086	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202069086	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for Property Tax under Prepaids. (Final/[MM/DD/YYYY])
202069086	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202069086	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202069087	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202069087	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
File does not contain documentation that the borrowers were provided the Home Loan Toolkit within 3 business days of application		Reviewer Comment (2017-07-20): Seller provided the evidence of the delivery	07/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-19): Seller provided a PCCD and LOX to the borrower		07/19/2017
Missing all required HOA information per the guidelines, including contact name, number, physical address and email address.		Reviewer Comment (2017-07-14): Seller provided the HOA information as required.	07/14/2017
		Reviewer Comment (2017-07-14): Seller provided evidence of timely delivery,	07/14/2017
				07/11/2017
		Reviewer Comment (2017-07-14): seller provided the Wire instructions.	07/14/2017
		Reviewer Comment (2017-07-14): Seller provided a PCCD with the number of months on the Property Taxes		07/14/2017
		Reviewer Comment (2017-07-14): Seller provided a PCCD and LOX to the borrower including the Seller paid fees.		07/14/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-20): Seller provided the fraud report including all participants.	07/20/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-07-14): Seller provided a copy of the wiring instructions	07/14/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided the corrected CD, and LOX to the borrower as well as the Final Settlement statement matching the fees. Reviewer Comment (2017-07-23): Seller provided a PCCD with an LOX to the borrower adding the seller paid fee’s. However, the borrower Cash to close was reduced by $2.00 . Please provide the Final Settlement statement matching the figures PCCD. Exception remains.		07/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202069088	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202069088	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202070175	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202071555	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202071556	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202071556	Credit	Property - Appraisal	Appraisal Documentation	Missing Document: Appraisal was made “subject to” and Form 442 was not provided.	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202071556	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/784514)
202071556	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202071556	Credit	Guideline	Guideline Issue	The Fraud Report did not include all interested parties to the subject transaction.	Credit Report: Original // Borrower: [REDACTED], Credit Report: Original // Borrower: [REDACTED]
202071558	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202071558	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-18): The seller provided a copy of the wiring instructions	07/18/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. The seller paid fees were corrected on the post-close CD; however a copy of the letter of explanation sent to the borrower disclosing the changes was not in the file.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the seller paid fees.		07/18/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-08-16): Desk review ordered and Received.	08/16/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-08-16): Desk review has been ordered and received.	08/16/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-17): Secondary valuation was ordered and received.	07/17/2017
The appraisal was made “subject to” the completion per the plans and specs. A 442 completion cert was not provided in the file.		Reviewer Comment (2017-07-17): Seller provided a copy of the 442 completion cert	07/17/2017
The VVOE for the borrower disclosed a start date of 02/2016. Without the exact date, a start date of 02/29/2016 was used. Since there is a gap of one month between the prior employment and the current employment, the loan does not meet Appendix Q. Provide a VVOE disclosing the actual start date for the borrower’s current employment. If there is a gap of employment of one month or more, a letter of explanation from the borrower explaining the gap is required per Appendix Q.		Reviewer Comment (2017-07-18): Seller provided a VVOE verifying the start date.	07/18/2017
The VVOE for the borrower disclosed a start date of 02/2016. Without the exact date, a start date of 02/29/2016 was used. Since there is a gap of one month between the prior employment and the current employment, the loan does not meet Appendix Q. Provide a VVOE disclosing the actual start date for the borrower’s current employment. If there is a gap of employment of one month or more, a letter of explanation from the borrower explaining the gap is required per Appendix Q.		Reviewer Comment (2017-07-18): Seller provided a VVOE verifying the start date.	07/18/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-18): Seller provided a fraud report with all interested parties.	07/18/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-28): Secondary valuation was ordered and received.	07/28/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-23): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		07/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202071558	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202071558	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
202071558	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202071559	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202071559	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $194.00 exceeds tolerance of $0.00 plus 10% or $0.00. Insufficient or no cure was provided to the borrower. (0)
202071559	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202071559	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
202071559	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202071560	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file
202071560	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/07/05/2017)
202071560	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees. If the seller’s CD fees differ than the fees on the final CD, provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-25): The seller CD was provided.	07/25/2017
The insurance documentation in the file verified an annual premium of $491.00; however section F of the final CD disclosed 11 months of insurance was paid for $491.00, instead of 12. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the homeowner’s insurance premium. Reviewer Comment (2017-07-23): Seller provided the post Close CD with lox to the borrower reflecting the correct number of months in Section F. However the Closing costs and Cash to close figures have decreased since the closing. Please provide either evidence of refund, or the Final Settlement statement matching the figures PCCD.		07/28/2017
7.25.17 - The Seller CD was received as a trailing doc reflecting seller paid fees of xx, however the final CD in file reflects xx. Please provide a PCCD and LOX to the borrower reflecting the accurate seller paid fees.		Reviewer Comment (2017-08-03): Letter of Explanation & Corrected Closing Disclosure was provided by the borrower		08/03/2017
TRID - Non Compliant: Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): See new condition requesting a waiver Reviewer Comment (2017-07-19): Seller provided a PCCD, however the borrower paid recording fee’s were reduced since closing. Please provide the Final Settlement Statement matching the PCCD. Exception Remains.	07/20/2017
		Reviewer Comment (2017-07-13): Final CD reflects cure of $xx		07/13/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-17): Secondary valuation was ordered and received.	07/17/2017
The insurance documentation in the file verified an effective date of 07/03/2017 which is prior to the later of the closing date/disbursement date. Provide a copy of the homeowner’s insurance declaration page or policy with that was in effect at closing.		Reviewer Comment (2017-07-17): Seller provided a copy of the insurance documentation verifying the effective date.	07/17/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-07-23): Client elects to waive the non-Material exception.			07/23/2017
The loan was locked prior to June 2nd, a copy of the FNC scope report is required per the guidelines.	xx% LTV < 90% guideline max	Reviewer Comment (2017-07-28): Client elects to waive. Reviewer Comment (2017-07-18): Waiver request sent to the client per their guidance.			07/28/2017
File contained documentation verifying the borrower received a copy of the appraisal on 06/14/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-18): Seller provided proof of the borrowers receipt of the appraisal.	07/18/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-18): Seller provided a post-close CD correcting the seller paid fees.		07/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202071560	Credit	Credit	Misc	Credit Exception:
202071565	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202071565	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $121.00 exceeds tolerance of $90.00 plus 10% or $99.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
202071565	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/05/30/2017)
202071565	Credit	Credit	Misc	Credit Exception:
202071565	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/30/2017)
202071565	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202071567	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202071567	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $32.43 exceeds tolerance of $27.00. Insufficient or no cure was provided to the borrower. (7520)
202071567	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202071567	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing VOE for borrower within 10 days of the note date. VOE in file is dated 6/5/2017 and note date is [MM/DD/YYYY].		Reviewer Comment (2017-07-19): Seller provided the VOE for B1. Reviewer Comment (2017-07-18): The seller provided a VVOE for the co-borrower which was in the original file. The file is missing a VVOE for the borrower, [REDACTED], within 10 days of closing. Condition remains	07/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): A post close CD showing all seller paid fees, letter of explanation of the changes to the borrower and evidence of delivery have been providedl		07/20/2017
				07/14/2017
The file is missing proof of fhe borrowers receipt of the appraisal within three business days prior to consummation		Reviewer Comment (2017-07-28): seller provided evidence that the appraisal was sent to the borrower. Reviewer Comment (2017-07-20): The document provided, states only that the borrower did not waive his right to receive the appraisal three days prior to closing. It does not suffice as evidence of the date of delivery of the appraisal. Exception remains.	07/28/2017
The file was missing a copy of the final settlement statement or CD from the sale of the departure residence. The file contained a closing statement that was not executed and disclosed a closing date after the subject’s closing date.		Reviewer Comment (2017-07-20): Documentation evidencing [REDACTED] purchased the borrowers’ departure residence prior to closing of this transaction has been provided.	07/20/2017
Trailing doc provided was an email dated 5/22 indicating that the appraisal had been sent to the borrower. However the appraiser signature is dated 5/30 which is after the appraisal was sent. Provide evidence that the updated appraisal was also sent to the borrower.		Reviewer Comment (2017-08-03): See new exception for Waiver request. Reviewer Comment (2017-07-30): Seller provided a email asking for clarification of the exception. It is required that all versions of an appraisal be sent to the borrower. The evidence that an appraisal was sent is dated before the appraiser signature indicating changes were made to the appraisal after the initial appraisal was sent. Please provide proof that the revised appraisal was sent to the borrower.	08/03/2017
Waiver request for the Appraisal Provided Prior to Date Performed: ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/30/2017) EXCEPTION INFO: Trailing doc provided was an email dated 5/22 indicating that the appraisal had been sent to the borrower. However the appraiser signature is dated 5/30 which is after the appraisal was sent. Provide evidence that the updated appraisal was also sent to the borrower.		Reviewer Comment (2017-08-04): Client elects to waive the non-material exception.			08/04/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-07-23): Seller provided the Wire instructions.	07/23/2017
Cure of $xx was reflected on post-close CD dated 06/29/2017; however the file did not contain a copy of the refund check, proof of delivery, or a copy of the letter of explanation sent to the borrower disclosing the changes.		Reviewer Comment (2017-07-28): Seller provided a PCCD and LOX to the borrower and the final settlement statement reflecting that the refund was provided to the borrower.		07/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided the PCCD and LOX reflecting the accurate seller paid fees.		07/28/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-23): Seller provided the Fraud report that includes the appraiser as required.	07/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202071568	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202071568	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 04/15/2017. ([REDACTED]/C-Corp 1120)
202071568	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202071569	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202071569	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202071569	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/06/06/2017)
202071569	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202071569	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202071570	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202071570	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202071570	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing all required information for the HOA		Reviewer Comment (2017-07-19): Seller provided the HOA documentation as required.	07/19/2017
		Reviewer Comment (2017-07-14): Client elected to waive the condition			07/14/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-19): Seller provided a Post Close CD with the corrected Seller fees.		07/19/2017
The loan was locked after June 2nd, a field review or desk review secondary valuation is required from one of the approved providers.		Reviewer Comment (2017-07-23): Seller provided the Desk review.	07/23/2017
The file was missing the required HOA information		Reviewer Comment (2017-07-27): Seller provided the HOA information as required.	07/27/2017
The file was missing documentation verifying the borrower received a copy of the appraisal within 3 business days prior to consummation.		Reviewer Comment (2017-07-19): Seller provided evidence of the borrower receiving the appraisal.	07/19/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrower’s receipt within 3 business days of the application date.		Reviewer Comment (2017-08-03): Seller provided evidence that the toolkit was provided in a timely manner. Reviewer Comment (2017-07-19): Seller provided the disclosure tracking, however there is no date or time of the toolkit uploaded for the borrower. Please provide additional evidence that the toolkit was provided. Exception remains.	08/03/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-03): Seller provided a PCCD and LOX to the borrower with the Seller fee’s corrected. Reviewer Comment (2017-08-01): Seller provided the Seller’s CD that was already in the file, however the issue is now with the PCCD that was sent to the borrower. 1. The CD provided to the consumer needs to reflect the seller paid fee’s 2. The CD provided to the consumer also needs to accurately reflect the number of months the property taxes are being paid for on page 2 section F #4. Exception remains Reviewer Comment (2017-07-27): Seller provided a PCCD and lox to the borrower correcting the seller paid fees, however on page 2 section F #4 property taxes does not reflect the number of months paid by the seller in taxed. Please provide a PCCD and lox to the borrower correcting the number of months paid. Reviewer Comment (2017-07-19): Seller provided a PCCD reflecting seller paid fees. This is still inconsistent with the seller CD. Exception remains.		08/03/2017
The file did not contain a fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-18): The seller provided a copy of the fraud report including all interested parties.	07/18/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-07-18): Seller provided a copy of the wiring instructions	07/18/2017
The file was missing the HOA dues status. Provide documentation verifying the dues are current.		Reviewer Comment (2017-07-18): Seller provided the required HOA information	07/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202071570	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202071570	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
202071571	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
202071571	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202071571	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file
202077311	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202077311	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202077311	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202077311	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file
202077311	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Income Fee. Fee Amount of $36.00 exceeds tolerance of $15.00. Sufficient or excess cure was provided to the borrower at Closing. (7342)
202077311	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Taxpayer Identification Fee. Fee Amount of $30.00 exceeds tolerance of $15.00. Sufficient or excess cure was provided to the borrower at Closing. (7344)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. The file contained a post-close CD dated 06/30/2017 correcting the closing date and the disbursement date; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-07-18): The seller provided a post-close CD correcting the closing date.		07/18/2017
The disbursement date was disclosed as [MM/DD/YYYY] on the final CD, which was prior to three business days from the transaction date of [MM/DD/YYYY]. The file contained a post-close CD dated 06/30/2017 correcting the closing date and the disbursement date; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-07-18): The seller provided a post-close CD correcting the disbursement date.		07/18/2017
The file was missing a copy of the seller’s CD. The final CD disclosed $xx in seller paid fees. A post-close CD was provided disclosing $xx in seller paid fees; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided. Provide a copy of the seller’s CD verifying $xx in seller paid fees and a copy of the letter of explanation sent to the borrower disclosing the changes made for the post-close CD dated 06/30/2017. Note: if the seller paid fees disclosed on the seller’s CD do not match the post-close CD, provide an additional post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-30): Seller provided a seller CD and PCCD and LOX to the borrower reflecting the accurate seller paid fees. Reviewer Comment (2017-07-23): The LOX to the borrower was provided. The Seller CD is still not provided and therefore it can’t be determined if the PCCD matched. Please provide the Seller CD. Exception Remains. Reviewer Comment (2017-07-19): Seller provided the CDthat was already in the file. The LOX to the borrower was not provided and the seller CD reflecting the matching seller paid fees was not provided. Exception remains.		07/30/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-07-19): Seller provided the Wiring instructions.	07/19/2017
The loan was locked prior to 06/02/2017 and per the client, the FNC scope report is required.		Reviewer Comment (2017-07-23): Seller provided an Acceptable Desk review which is acceptable per the client guidelines. Reviewer Comment (2017-07-19): Seller provided a CDA in lieu of the FNC report. However, due to the lock date, the FNC scope report was still required. Exception remains.	07/23/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-07-19): Seller provided a copy of the wiring instructions	07/19/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. The post close CD in file dated 06/22/2017 corrected the closing date; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided in the file.		Reviewer Comment (2017-07-19): Seller provided a post-close CD correcting the closing date.		07/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD/final settlement statement shows $xx in seller paid closing costs, borrower’s final CD shows $xx. A post-close CD dated 06/22/2017 correcting the seller paid fees; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-07-19): Seller provided a post-close CD correcting the seller paid fees.		07/19/2017
The loan was locked prior to 06/02/2017 and per the client, the FNC scope report is required.		Reviewer Comment (2017-07-19): Seller provided the FNC Score report	07/19/2017
A lender credit in the amount of 497.80 was issued at closing which is sufficient to cure the under disclosure of the credit report fee, verification fees and appraisal fees which were under disclosed on the LE.				07/14/2017
A lender credit in the amount of 497.80 was issued at closing which is sufficient to cure the under disclosure of the credit report fee, verification fees and appraisal fees which were under disclosed on the LE.				07/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Cash-out - Debt Consolidation	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202077311	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $450.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)
202077311	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $86.80 exceeds tolerance of $75.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
202077311	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/03/2017)
202077312	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202077312	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202077312	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/23/2017)
202077312	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202077312	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202077312	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202077312	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
202077312	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
A lender credit in the amount of 497.80 was issued at closing which is sufficient to cure the under disclosure of the credit report fee, verification fees and appraisal fees which were under disclosed on the LE.				07/14/2017
A lender credit in the amount of 497.80 was issued at closing which is sufficient to cure the under disclosure of the credit report fee, verification fees and appraisal fees which were under disclosed on the LE.				07/14/2017
The file contained documentation verifying the borrower received a copy of the appraisal on 06/01/2017, which was prior to the revised appraisal report date of 0[MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the appraisal with the report date of [MM/DD/YYYY].		Reviewer Comment (2017-07-19): Seller provided proof the appraisal was delivered to the borrowers.	07/19/2017
The following information is required for the HOA: Name, address, tax ID of the association/management company; name, phone number and e-mail address of a contact person at the HOA/management company; status of dues.		Reviewer Comment (2017-07-27): Seller provided the HOA information as required.	07/27/2017
Evidence of receipt of the home loan toolkit has not been provided.		Reviewer Comment (2017-07-21): Seller provided documentation verifying the borrowers receipt of the disclosure.	07/21/2017
The file contained documentation verifying the borrower received a copy of the appraisal on 6/12/17, which was prior to the revised appraisal report date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the appraisal with the report date of [MM/DD/YYYY].		Reviewer Comment (2017-07-25): Seller is requesting a waiver for the requirement of the Appraisal delivery to the borrower. See new exception.	07/25/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-21): Seller provided a post-close CD correcting the seller paid fees.		07/21/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-21): Seller provided a copy of the revised fraud report with all interested parties.	07/21/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx (other structure value not acceptable to calculate sufficient coverage). The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value of $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-07-21): Seller provided verification of the cost to rebuild from the insurance company verifying sufficient coverage.	07/21/2017
The borrowers are first time home buyers and per the guidelines, the last 24 months rental history is required to be verified. The file contained bank statements verifying 21 months history; however the rental payments for 01/2016, 08/2015, and 07/2015 were not provided. Provide the cancelled checks or bank statements for these payments.		Reviewer Comment (2017-07-30): Seller provided the Complete evidence of 24 months rental history. Reviewer Comment (2017-07-25): Seller provided evidence of the payment, however file is still a 24 month history. Exception remains.	07/30/2017
Seller is requesting a waiver for the requirement of the Appraisal delivery to the borrower.		Reviewer Comment (2017-07-27): Client elects to waive the non-material exception.			07/27/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202077385	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202077385	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202077385	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
202077385	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
202077385	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
202077385	Credit	Assets	Asset Documentation	Guideline Issue:Insufficient asset documentation.	Financial Institution: [REDACTED] / End Date: 03/31/2017 // Account Type: Individual Retirement Account (IRA) / Account Number: xxxx
202077385	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $175.00 exceeds tolerance of $125.00 plus 10% or $137.50. Sufficient or excess cure was provided to the borrower at Closing. (0)
202077385	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202077386	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202077387	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202077387	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The loan was locked after June 2nd, a field review or desk review secondary valuation is required from one of the approved providers.		Reviewer Comment (2017-07-24): Secondary Valuation product was ordered and received.	07/24/2017
The Final Closing Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Note: the file contained a post-close CD correcting the closing date and disbursement date; however the file was missing a copy of the letter of explanation sent to the borrower disclosing the changes made. Also, the post-close CD was issued [MM/DD/YYYY] but signed 06/19/2017. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-24): Seller provided the PCCD and LOX to the borrower reflecting the corrected closing date.		07/24/2017
The final CD disclosed a disbursement date of [MM/DD/YYYY] which is less than 3 days from the transaction date of [MM/DD/YYYY]. Note: the file contained a post-close CD correcting the closing date and disbursement date; however the file was missing a copy of the letter of explanation sent to the borrower disclosing the changes made. Also, the post-close CD was issued 06/22/2017 but signed 06/19/2017. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-24): Seller provided a PCCD and LOX to the borrower with the correct disbursement date.		07/24/2017
The final CD in file issued 06/16/2017 was executed on 06/19/2017. There is no proof in the file of the borrowers earlier receipt of the disclosure.		Reviewer Comment (2017-07-20): An earlier version of the CD was been provided.	07/20/2017
The file contained a post-close CD dated 06/22/2017; however the CD was executed on 06/19/2017. Provide a letter of explanation to clarify the CD being issued 3 days after it was executed.		Reviewer Comment (2017-07-24): Seller provided an acceptable LOX regarding the CD dated 6/22.	07/24/2017
The file only contained one months’ statement for the Fidelity IRA. Per the guidelines, a minimum of two months statements or most recent quarter statement is required.		Reviewer Comment (2017-07-24): Seller provided the updated statement .	07/24/2017
A sufficient cure of xx was provided at closing for the under disclosure.				07/14/2017
The final CD disclosed the borrower would not have an escrow account; however the post-close CD disclosed homeowner’s insurance was escrowed. Provide a copy of the initial escrow account disclosure matching the post-close CD.		Reviewer Comment (2017-07-24): Seller provided the IEAD which matches the PCCD reflecting escrows.	07/24/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-24): Secondary Valuation product was ordered and received.	07/24/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-19): Secondary valuation was ordered and received.	07/19/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees. TILA regulations require all seller paid fees associated with the transaction must be disclosed on the borrowers CD, If the seller’s CD, when provided, does not match the final CD, provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-19): The seller provided a post-close CD correcting the seller paid fees.		07/19/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202077387	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202077387	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202077388	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202077388	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202077388	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/15/2017)
202077388	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202077389	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202077389	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202077389	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-900.00. (9300)
202077389	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202077389	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,800.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the second seller listed on the CD and title, as required by the guidelines.		Reviewer Comment (2017-07-19): Seller provided verification all interested parties were included in the fraud check.	07/19/2017
The seller provided a post-close CD to correct the seller paid fees. The post-close CD disclosed $xx less in borrower paid closing costs. Provide a copy of the final settlement statement to confirm the loan disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-07-23): Seller provided the Final Settlement Statement Confirming the loan disbursed as disclosed on the PCCD.	07/23/2017
Lender’s wire instructions were not provided.		Reviewer Comment (2017-07-19): Seller provided the Wire instructions.	07/19/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-07-17): Letter of explanation and post close CD.		07/17/2017
File contained documentation verifying the borrower received a copy of the appraisal on 06/13/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-19): Seller provided evidence that the borrower received the updated appraisal.	07/19/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, as required by the guidelines.		Reviewer Comment (2017-07-19): Seller provided the Fraud report with all parties as required.	07/19/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-21): Secondary valuation was ordered and received.	07/21/2017
Cures for Loan Discount Points of $1,800.00 and the lender credit of $900.00 were not provided.		Reviewer Comment (2017-07-20): Change of circumstance for the removal of the credit and addition of discount points has been provided.		07/20/2017
Lender credit disclosed as $900.00 on the initial LE dated 05/24/2017, but disclosed as $0.00 on the Final Closing Disclosure. The file was missing a valid change of circumstance disclosure removing the lender credit.		Reviewer Comment (2017-07-20): Change of circumstance provided for removal of the lender credit due to rate lock.		07/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): SEE NEW EXCEPTION REQUESTING WAIVER.	07/20/2017
Fee was not disclosed on Loan Estimate. The Loan Discount Points were added to the initial CD dated 06/26/2017. A valid change of circumstance disclosure was not provided.		Reviewer Comment (2017-07-20): Change of circumstance has been provided for the addition of discount points due to the rate lock		07/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202077389	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202077390	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202077390	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status,loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state,loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202077390	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/27/2017)
202077390	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Underwriting Fee. Fee Amount of $995.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (73196)
202077390	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/226734)
202077390	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/226734)
202077390	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202077391	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202077391	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202077391	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
EXCEPTION WAIVER REQUEST. Seller is requesting the exception for the seller paid costs to be shown on the consumer’s CD be waived as their interpretation of Reg Z is that they are not “Loan Fees.” Waiver will be requested when all other exceptions have been cleared.		Reviewer Comment (2017-07-23): Client elects to waive the non-material exception.			07/23/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-07-24): Seller provided the required wire instructions.	07/24/2017
Missing all required HOA information		Reviewer Comment (2017-07-24): Seller provided the required HOA information.	07/24/2017
File contained documentation verifying the borrower received a copy of the appraisal on 06/12/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-24): See new Exception for Waiver Requests.	07/24/2017
Cure of $xx was provided on the final CD		Reviewer Comment (2017-07-18): Cure was provided on the final CD		07/18/2017
The final CD disclosed an annual homeowner’s insurance premium paid for $1,085.00 and a monthly escrow amount of $90.42; however the insurance documentation in the file verified an annual premium of $944.00, resulting in a monthly escrow amount of $78.67. Provide a copy of the homeowner’s insurance dec page or policy verifying a premium of $1,085.00. If the premium is $944.00, provide a post-close CD correcting the insurance amount in section F, the escrow amounts on page 1, section G of page 2, and page 4, a revised initial escrow account disclosure, a revised first payment letter, a copy of the letter of explanation sent to the borrower disclosing the changes made, and proof the borrower received a refund for the difference in the policies.		Reviewer Comment (2017-07-24): Seller provided the updated insurance Dec Page .	07/24/2017
The final CD disclosed an annual homeowner’s insurance premium paid for $1,085.00 and a monthly escrow amount of $90.42; however the insurance documentation in the file verified an annual premium of $944.00, resulting in a monthly escrow amount of $78.67. Provide a copy of the homeowner’s insurance dec page or policy verifying a premium of $1,085.00. If the premium is $944.00, provide a post-close CD correcting the insurance amount in section F, the escrow amounts on page 1, section G of page 2, and page 4, a revised initial escrow account disclosure, a revised first payment letter, a copy of the letter of explanation sent to the borrower disclosing the changes made, and proof the borrower received a refund for the difference in the policies.		Reviewer Comment (2017-07-24): Seller provided the updated Insurance Dec page .	07/24/2017
Seller is requesting a waiver for the requirement of the updated appraisal delivery to the borrower.		Reviewer Comment (2017-07-27): Client elects to waive the non-material exception.			07/27/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): A post close CD with correct closing date and disclosing all seller paid fees, along with letter of explanation and evidence of delivery to the borrower has been provided.		07/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): A post close CD with correct closing date and disclosing all seller paid fees, along with letter of explanation and evidence of delivery to the borrower has been provided.		07/20/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, as required by the guidelines.		Reviewer Comment (2017-07-20): Fraud report listing all parties has been propvided.	07/20/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202077392	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202077392	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202077392	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202077392	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Costs Subtotals Seller Paid - At Closing	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Total Closing Costs (Paid by Seller at Closing) that does not match sum of fees. (Final/[MM/DD/YYYY])
202077392	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202077392	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202077394	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202077394	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues,loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status,loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202077394	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202077394	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202077395	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $800.00 exceeds tolerance of $600.00. Insufficient or no cure was provided to the borrower. (7506)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The loan was locked after June 2nd, a field review or desk review secondary valuation is required from one of the approved providers.	785 representative FICO score > 680 guideline minimum - 105 points above guideline minimum 26.08% DTI on this Full documentation loan < 43.00% guideline max - 16.92% below program guideline maximum	Reviewer Comment (2017-07-25): Client elects to waive requirement for Desk Review. Acceptable FNC report is in File.			07/25/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): A corrected post close CD correcting the closing data and adding seller paid fees has been provided.		07/20/2017
The file was missing a copy of the seller’s CD. Note: TILA regulations require all seller paid fees associated with the transaction must be disclosed on the borrowers CD. If the seller’s CD discloses fees different than the fees disclosed on the borrowers final CD, provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): A signed copy of the seller’s CD has been provided.		07/20/2017
The subtotal of the seller fees on the final CD were incorrectly calculated. The CD disclosed $xx in seller paid fees; however the fees disclosed total $xx, a difference of $xx. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): The seller provided a post-close CD correcting the subtotals of seller paid fees. Reviewer Comment (2017-07-20): A post close CD has been provided. However, the seller’s CD was also provided as a trailing doc, and the seller paid fees on the post close CD do mot match the seller paid fees on the seller’s CD. Exception for a corrected post close CD showing seller paid fees listed on the seller’s CD remains.		07/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): See new condition requesting a waiver.	07/20/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-07-28): Client elects to waive the non-material exception.	07/28/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-23): Seller provided a copy of the wire instructions.	07/23/2017
Missing all required HOA information		Reviewer Comment (2017-08-03): Seller provided the HOA information as required. Reviewer Comment (2017-07-23): Seller provided a screenshot of the HOA from a website and a printout of the most recent pay history, however the required information was not provided. Please provide the address, contact name, email address and phone number of the HOA affiliated with the subject property. Additionally, provide an LOX/Evidence of the monthly HOA payment. Borrower was approved at $76.00 per month, however the proof of payment reflects $245. Additional exceptions may apply once proof of HOA payment is received.	08/03/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Note: the file contained a post-close CD dated 07/07/2017; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-08-03): Seller provided a PCCD and LOX to the borrower with the Seller fee’s reflected Reviewer Comment (2017-07-23): Seller provided an Additional PCCD, however this is still no LOX to the borrower which is required. Please provide an LOX to the borrower indicating the changes that were made since consummation. Exception remains.		08/03/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing agent and the appraiser, as required by the guidelines. Note: the listing agent’s and the appraiser’s name were not complete on the Loan Risk Manager report and the names were not completely verified through the LDP/GSA searches.		Reviewer Comment (2017-07-23): Seller provided a fraud report that includes all parties as required.	07/23/2017
A cure was provided on the final CD.		Reviewer Comment (2017-07-18): A cure was provided on the final CD.		07/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	B	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202077395	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7552)
202077395	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.
202077395	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided
202077395	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202077395	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202077396	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/06/27/2017)
202077396	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $495.00 exceeds tolerance of $440.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202077397	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202077397	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Timing	TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial/06/16/2017)
202077397	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202079067	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
A cure was provided on the final CD.		Reviewer Comment (2017-07-18): A cure was provided on the final CD.		07/18/2017
The Affiliated Business Arrangement Disclosure in file was dated 06/12/2017, which was more than 3 business days from the application date of [MM/DD/YYYY].		Reviewer Comment (2017-07-20): The seller provided proof the application date is [MM/DD/YYYY] since the property address was not determined until then. The LE issued 04/24/2017 identified the property address as TBD.	07/20/2017
Per lender guidelines 24 month satisfactory rental history is required for first time homebuyer. Credit supplement provided covers a 23 month period, previous landlord/rental history has not been provided.		Reviewer Comment (2017-07-25): Seller provided evidence of the 24th month of rent.	07/25/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-20): See new condition requesting a waiver	07/20/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-07-27): Client elects to waive the non-material exception.			07/27/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-07-23): Seller provided evidence of receipt of the CD.	07/23/2017
				07/18/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-20): Seller provided a copy of the wiring instructions	07/20/2017
The file was missing a copy of the initial LE dated within 3 business days of the application date of [MM/DD/YYYY]. The file contained the LE issued 06/16/2017 and per the documentation in the file an LE was delivered on 06/07/2017.		Reviewer Comment (2017-07-20): Seller provided a copy of the initial LE.	07/20/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a Post Close CD and LOX to the borrower		07/28/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx. The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal disclosed the total estimate of cost-new as $xx and per the FNMA selling guide, coverage must be at least 80% of the total estimate of cost-new. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-07-23): Seller provided evidence of sufficient coverage.	07/23/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202079067	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202079067	Compliance	Compliance	Federal Compliance	Possible Federal Loan Originator Compensation - LO Comp Disclosure Not Provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.	Loan Originator Compensation (Dodd-Frank 2014) - Loan Originator Compensation disclosure not provided: Unable to determine from evidence in the loan file if compensation was based on a term of the transaction.
202079732	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file
202079732	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202079732	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/05/23/2017)
202079732	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202079732	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202079732	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202079732	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
202079732	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202079732	Compliance	Compliance	Federal Compliance	QM DTI	Qualified Mortgage (Dodd-Frank 2014): Total Debt to Income Ratio exceeds 43% and the images do not provide evidence loan is eligible for purchase, guarantee or insurance by the appropriate agency.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing all required information for the HOA		Reviewer Comment (2017-07-30): All HOA information was provided as required. Reviewer Comment (2017-07-23): Seller provided HOA information, however the contact name and email address were not provided. Please provide a contact name and email address as required per the guides.	07/30/2017
The file was missing a copy of the LO Compensation disclosure.		Reviewer Comment (2017-08-23): Seller provided evidence of the terms of the LO compensation. Reviewer Comment (2017-08-10): Seller provided an LOX stating that the initial LE and California REL supplemental disclosure must both be signed in lieu of the Broker fee agreement. However the confirmation of broker compensation is not in the file and is required to be provided to disclosing the compensation terms. Exception remains. Reviewer Comment (2017-07-23): Seller provided an LOX stating that the initial LE and California REL supplemental disclosure must both be signed in lieu of the Broker fee agreement however the broker compensation agreement is required to be provided to the borrower disclosing the if the compensation was based on the terms of the transaction.	08/23/2017
The loan was locked prior to 06/02/2017 and per the client, the FNC scope report is required.		Reviewer Comment (2017-07-25): File contained a field review and the client has provided guidance to allow the secondary valuation in lieu of the FNC report.	07/25/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx. The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value of $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage. Note: the insurance binder disclosed there was guaranteed replacement cost coverage; however per the guidelines the binder is unacceptable.		Reviewer Comment (2017-07-25): Seller provided documentation verifying the subject property insurance policy has guaranteed replacement cost coverage.	07/25/2017
File contained documentation verifying the borrower received a copy of the appraisal on 05/09/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-25): Seller provided documentation verifying the borrower received a copy of the appraisal.	07/25/2017
The seller qualified the borrower with guaranteed bonus income of $5,208.33 based on the letter in file from the employer. Per the guidelines, bonus income not yet earned from a new employer, regardless of whether the borrower has remained in the same field, may not be used for qualifying unless guaranteed in writing as part of an employment agreement or contract. The file contained proof from the employer that the bonus income was guaranteed. The guidelines also state, if bonus income is used for qualifying, the bonus income must be documented for the previous two or more years. Per the WVOE from the previous employer, the borrower did not receive bonus income and only received commission income; therefore the bonus income is not eligible for qualification. The revised DTI when excluding the bonus income is 64.17%, which is greater than the guideline and QM maximum of 43%.		Reviewer Comment (2017-07-28): Loan file contained documentation to meet Appendix Q requirements for Bonus income consideration.	07/28/2017
Cure for the appraisal fee of $450.00 was not provided.		Reviewer Comment (2017-07-28): Seller provided a post-close CD, refund check, letter of explanation sent to the borrower and proof of delivery to cure the tolerance violation.		07/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-07-26): Seller provided a copy of the seller’s CD matching the seller paid fees on the borrower’s CD. Reviewer Comment (2017-07-25): Seller provided a copy of the seller’s CD The seller’s CD still did not match the borrower’s CD seller paid fees. Condition remains	07/26/2017
The file is missing the last two years IRS 1040 transcripts as required per guidelines.		Reviewer Comment (2017-07-28): Seller provided tax returns as required per guidelines. Reviewer Comment (2017-07-25): The seller provided a copy of the 2015/2016 IRS transcripts; however the transcripts verified unreimbursed employee expenses for 2016 and 2015. Per the guidelines, since there are unreimbursed expenses on the transcripts, the 2016/2015 1040’s are required. Also, the file was missing a copy of a pay stub for the borrower dated no earlier than 30 days prior to the initial loan application date. Condition remains	07/28/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the secondary seller disclosed on the final CD and title and the selling agent, as required by the guidelines. Note: the selling agent on the fraud report did not match the agent on the purchase agreement.		Reviewer Comment (2017-07-25): Seller provided a revised fraud report including all interested parties.	07/25/2017
The seller qualified the borrower with guaranteed bonus income of $5,208.33 based on the letter in file from the employer. Per the guidelines, bonus income not yet earned from a new employer, regardless of whether the borrower has remained in the same field, may not be used for qualifying unless guaranteed in writing as part of an employment agreement or contract. The file contained proof from the employer that the bonus income was guaranteed. The guidelines also state, if bonus income is used for qualifying, the bonus income must be documented for the previous two or more years. Per the WVOE from the previous employer, the borrower did not receive bonus income and only received commission income; therefore the bonus income is not eligible for qualification. The revised DTI when excluding the bonus income is 64.17%, which is greater than the guideline and QM maximum of 43%.		Reviewer Comment (2017-07-28): Seller provided a copy of the 1040’s verifying the 2106 expenses were for the non-borrowing spouse. The DTI is below 43%. Reviewer Comment (2017-07-25): The bonus income is acceptable to use and meets Appendix Q guidelines; however the IRS transcripts verified unreimbursed employee expenses for 2016 and 2015. The income is required to be reduced for the 2016 average which takes the DTI back over 43% (44.24%) including the bonus income. Condition remains	07/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202079732	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,000.00 exceeds tolerance of $550.00. Insufficient or no cure was provided to the borrower. (7506)
202079732	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
202079732	Credit	Credit	Misc	Credit Exception:
202079734	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202079734	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202079734	Property	Appraisal	Appraisal Documentation	Review Scope Report missing from file
202079734	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202079734	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202079734	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Dec Page not provided
202079735	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
202079735	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The appraisal fee was disclosed as $550.00 on the LE’s dated 04/26/2017 and 05/31/2017, but disclosed as $1,000.00 on the Final Closing Disclosure. The fee was increased to $1,000.00 on the initial CD dated 06/02/2017; however a valid change of circumstance disclosure was not provided verifying the reason for the increased fee.		Reviewer Comment (2017-07-28): Seller provided a post-close CD, refund check, letter of explanation sent to the borrower and proof of delivery to cure the tolerance violation.		07/28/2017
The DU approval in the file included a co-borrower who was removed from the loan. Provide a revised DU approval in the borrower’s name only.		Reviewer Comment (2017-07-30): Seller provided the Corrected DU removing the Co-borrower.	07/30/2017
The City on both the Preliminary title and the appraisal reflect “[REDACTED]” however the loan Note and DOT reflect the City as [REDACTED]. Provide revised Documents with corrected City.		Reviewer Comment (2017-08-23): Seller provided the Corrected appraisal and Preliminary Title correcting the City to [REDACTED] which matches the Note and DOT. Reviewer Comment (2017-08-22): Seller provided a revised Title correcting the Cidy to [REDACTED], however the appraisal is still reflecting Exelsior and needs to be corrected. Reviewer Comment (2017-08-20): Seller provided an LOX stating that the title company used the mailing address like the appraiser did, however the docs are required to match, so either the title and appraisal need changed or the Note and DOT need changed. Exception Remains.	08/23/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-07-23): Seller provided the wiring instructions as required.	07/23/2017
Missing all required information for the HOA		Reviewer Comment (2017-07-27): Seller provided the HOA information. Reviewer Comment (2017-07-25): Seller provided HOA Management company information, however the contact information was a reference to a website directory. Guidelines require the name, phone number and Email address at the HOA. Exception remains.	07/27/2017
The loan was locked prior to 06/02/2017 and per the client, the FNC scope report is required.		Reviewer Comment (2017-07-21): The file contained a CDA report in lieu of the FNC scope report.	07/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-23): Seller provided an LOX and PCCD reflecting the seller paid fee’s which match the seller CD.		07/23/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents, as required by the guidelines.		Reviewer Comment (2017-07-23): Seller provided the fraud report including the listing and selling agents.	07/23/2017
The file only contains the binder which is not acceptable per guides. Please provide the Dec Page or full policy as required.		Reviewer Comment (2017-08-03): Seller provided the Hazard Dec Page.	08/03/2017
The file was missing documentation verifying the lender’s QM Loan Designation.		Reviewer Comment (2017-07-25): Seller provided the Mavent report.	07/25/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-25): Seller provided the wire instructions as required.	07/25/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202079735	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202079735	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202079735	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
202079735	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $1,444.94 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200)
202079735	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202079735	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202079738	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202079738	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202079739	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
202079739	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202079739	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-28): Secondary valuation was ordered and received.	07/28/2017
Cure for the Loan Discount Points of $xx was not provided. Note: the file only contained the final CD dated 06/30/2016 and the initial LE dated 05/16/2017. There were no other LE’s or CD’s or valid change of circumstance disclosures provided in the file.		Reviewer Comment (2017-07-25): Seller provided the CIC and LE provided to the borrower when the rate was locked.	07/25/2017
Evidence of earlier borrower receipt was not found in file. The file only contained a copy of the final CD dated and signed 06/30/2017. There were no other CD’s provided.		Reviewer Comment (2017-07-28): Seller provided a copy of the initial CD	07/28/2017
Fee was not disclosed on Loan Estimate. Note: the file only contained the final CD dated 06/30/2016 and the initial LE dated 05/16/2017. There were no other LE’s or CD’s or valid change of circumstance disclosures provided in the file.		Reviewer Comment (2017-07-25): Seller provided the CIC and LE provided to the borrower when the rate was locked.	07/25/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the seller paid fees.		07/28/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing agent, as required by the guidelines.		Reviewer Comment (2017-07-25): Seller provided provided the fraud report including all parties as required.	07/25/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-24): Seller provided the Wiring instructions.	07/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including costs paid before closing), borrower’s final CD shows $xx (including costs paid before closing). Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-24): Seller provided a PCCD and LOX to the borrower reflecting the corrected seller fees.		07/24/2017
The file was missing a copy of the current lease agreement for the investment property owned, as required by Appendix Q and the guidelines.		Reviewer Comment (2017-07-31): Seller provided the lease agreement with proof of receipt of rental income. Reviewer Comment (2017-07-27): Seller provided a lease agreement that was month to month and dated in 2011 by the tenants. There was a cover letter to the tenant as notification of the rent increase in 2016, however the bank statements in file do not reflect deposit amounts that match the rent per the letter. Provide evidence that the lease is still active and the rent is being received. Exception remains.	07/31/2017
The file was missing a copy of the current lease agreement for the investment property owned, as required by Appendix Q and the guidelines.		Reviewer Comment (2017-07-31): Seller provided the lease agreement with proof of receipt of rental income. Reviewer Comment (2017-07-27): Seller provided a lease agreement that was month to month and dated in 2011 by the tenants. There was a cover letter to the tenant as notification of the rent increase in 2016, however the bank statements in file do not reflect deposit amounts that match the rent per the letter. Provide evidence that the lease is still active and the rent is being received. Exception remains.	07/31/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-25): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		07/25/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202079739	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Have Escrow - Escrowed Property Costs Year 1	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Escrowed Property Costs over Year 1. (Final/[MM/DD/YYYY])
202079739	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Have Escrow - Monthly Escrow Payment	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Monthly Escrow Payment. (Final/[MM/DD/YYYY])
202079739	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Have Escrow Account	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
202079739	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow Account	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
202079739	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
202079739	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/24/2017)
202079739	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202079742	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202079742	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/07/03/2017)
202079742	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/06/29/2017)
202079742	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Taxes and insurance were not escrowed per page 1 and 2 of the final CD; however page 4 disclosed the borrower will have an escrow account. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-25): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		07/25/2017
Taxes and insurance were not escrowed per page 1 and 2 of the final CD; however page 4 disclosed the borrower will have an escrow account. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-25): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		07/25/2017
Taxes and insurance were not escrowed per page 1 and 2 of the final CD; however page 4 disclosed the borrower will have an escrow account. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-25): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		07/25/2017
Taxes and insurance were not escrowed per page 1 and 2 of the final CD; however page 4 disclosed the borrower will have an escrow account. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-25): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		07/25/2017
The final CD disclosed a disbursement date of [MM/DD/YYYY] which was less than 3 business days from the transaction date of [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-25): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower reflecting the corrected Closing and Disbursement date which is after 3 days.		07/25/2017
File contained documentation verifying the borrower received a copy of the appraisal on 06/08/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-27): See new exception for waiver request. Reviewer Comment (2017-07-25): Seller provided a processor cert stating that the appraisal was emailed however they are unable to locate the email that was sent. Evidence of the appraisal delivery to the borrower is required. Exception remains. Reviewer Comment (2017-07-23): Seller provided a copy of an email to the borrower with the revised appraisal attached, however this was sent to the borrower post consummation. it is required to be sent to the borrower 3 days prior to closing.	07/27/2017
Waiver request for the documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-30): Client elects to waive the non-material exception.			07/30/2017
Missing all required information for HOA		Reviewer Comment (2017-07-25): Seller provided the HOA information as required per guidelines.	07/25/2017
File contained documentation verifying the borrower received a copy of the appraisal on 06/15/2017 which is prior to the revised appraisal date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the updated appraisal.		Reviewer Comment (2017-07-25): Seller provided an executed copy of the HBCC appraisal acknowledgement. Borrowers acknowledge receipt of any and all appraisals.	07/25/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-07-28): Seller provided evidence of borrower receipt.	07/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-01): Seller provided the corrected PCCD and LOX to the borrower		08/01/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
2	B	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202079742	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202079742	Credit	Insurance	Insurance Documentation	Hazard Insurance Error: Subject city is missing from evidence of insurance.
202079742	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202080187	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202080187	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Timing	Truth in Lending Act (2015): Creditor or broker did not provide the Home Loan Toolkit Disclosure to applicant within 3 business days of application.
202080187	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202080187	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $1,749.00 exceeds tolerance of $1,586.00 plus 10% or $1,744.60. Insufficient or no cure was provided to the borrower. (0)
202080292	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202080292	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
202080292	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $600.00 exceeds tolerance of $584.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202080367	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the selling agent, as required by the guidelines.		Reviewer Comment (2017-08-01): Seller provided the Fraud report with all parties as required.	08/01/2017
The homeowner’s insurance documentation in the file disclosed the subject property city as [REDACTED]. Per the note, appraisal, and title, the subject city is [REDACTED]. Provide a revised homeowner’s insurance declarations page or policy with the correct city.		Reviewer Comment (2017-08-03): Seller provided the updated Dec Page with the corrected address.	08/03/2017
E-consent was not provided and evidence of electronic delivery is in the file.		Reviewer Comment (2017-08-01): Evidence of e-consent was provided.	08/01/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-28): Secondary Valuation was ordered and received.	07/28/2017
The Your Home Loan Toolkit Disclosure in the file was dated 06/09/2017, which is more than three business days from the application date of [MM/DD/YYYY].		Reviewer Comment (2017-07-23): Seller provided evidence of timely delivery of the toolkit.	07/23/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees, if the seller’s CD does not match the borrower’s CD, Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a corrected Post Close CD and LOX to the borrower		07/28/2017
Cure provided on the final CD.		Reviewer Comment (2017-07-20): Cure provided on the final CD.		07/20/2017
The file is missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-23): Seller provided the wire instructions.	07/23/2017
The file was missing a copy of the seller’s CD. Note: the final CD did not disclose any seller paid fees. Per TILA regulations, all seller paid fees associated with the transaction are required to be disclosed on the borrowers CD. In addition to the seller’s CD, provide a post-close CD adding the seller paid fees and a copy of the letter of explanation letter sent to the borrower disclosing the changes made.		Reviewer Comment (2017-08-03): Seller provided both the seller CD and a PCCD and Lox to the borrower matching the total seller paid fees		08/03/2017
				07/20/2017
Lender’s Wire Instructions were not provided in imaged file.		Reviewer Comment (2017-07-26): Seller provided the wire instructions.	07/26/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202080367	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/07/07/2017)
202080367	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202080367	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202080367	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $595.00 exceeds tolerance of $550.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202080367	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75103)
202080367	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $68.33 exceeds tolerance of $55.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
202080367	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
202080367	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202080367	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202080368	Credit	Credit	Misc	Credit Exception:
202080370	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues,loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state,loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure in file reflects the borrowers received copies of all appraisals and form was signed by the borrowers on 06/28/2017 however, the second appraisal report was dated 07/07/2017. Evidence of receipt of the appraisal on or after the report date was not provide.		Reviewer Comment (2017-07-26): Seller provided evidence of the delivery of the appraisal.	07/26/2017
Final Closing Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-26): Seller provided a PCCD and LOX to the borrower correcting the transaction/closing date.		07/26/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-26): Desk review was ordered and received.	07/26/2017
				07/21/2017
				07/21/2017
				07/21/2017
The file is missing a copy of the YTD P&L and Balance Sheet for the co-borrower’s sole proprietorship, as required by the guidelines and Appendix Q.		Reviewer Comment (2017-07-26): Seller provided the P&L and Balance Sheet as required.	07/26/2017
The file is missing a copy of the YTD P&L and Balance Sheet for the co-borrower’s sole proprietorship, as required by the guidelines and Appendix Q.		Reviewer Comment (2017-07-26): Seller provided the P&L and Balance Sheet as required.	07/26/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the the appraiser for the report in file dated [MM/DD/YYYY], as required by the guidelines.		Reviewer Comment (2017-07-26): Seller provided the fraud report that included all interested parties including the appraiser.	07/26/2017
The file is missing documentation verifying the $250.00 per month HOA dues on the additional property owned. The file contained proof of the insurance and taxes, but the HOA verification was not provided.		Reviewer Comment (2017-07-28): The borrower is not an owner of the property. The property is in a trust and the borrower is a beneficiary. The payment was included in the borrowers ratios to be conservative, however the documentation in file verified he is not responsible. The HOA dues were included and the condition is cleared based on the borrower not having ownership in the property.	07/28/2017
The file is missing the required HOA information.		Reviewer Comment (2017-07-27): Seller provided the HOA information as required.	07/27/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202080370	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202080371	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202080371	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
202080372	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202080372	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202080372	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202080372	Property	Property - Appraisal	General Appraisal Requirements	Valuation Exception:
202080372	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202080372	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202080372	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202080374	Credit	Credit	Credit Documentation	Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-27): Secondary Valuation product ordered and received.	07/27/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-07-25): Seller provided the Wiring instructions.	07/25/2017
The file contained two copies of the homeowner’s insurance declarations. The effective date on one was 07/06/2017 and 07/07/2017 on the other. Provide proof the policy was in effect on or before the closing/disbursement date of [MM/DD/YYYY].		Reviewer Comment (2017-07-25): seller provided evidence that the policy was in effect at time of closing.	07/25/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-28): Secondary valuation was ordered and received.	07/28/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the closing date.		07/28/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees. If the seller’s CD discloses different fees than the borrower’s CD, provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a copy of the seller’s CD and a post-close CD matching the seller paid fees.	07/28/2017
Subject property is located in CA. Appraiser commented that “No water heater was visible to the appraiser. Pursuant to the owner, the home has 2 water heaters that are located in the attic. One is tankless and the other is double-strapped. No photo of the heaters has been provided as the owner explained that is very difficult to access these water heaters.” Provide a 442 from the appraiser verifying the inspection of the water heaters and that they meet the California requirements.		Reviewer Comment (2017-08-03): Seller provided a 1004D with photos reflecting that the Heaters are strapped. Reviewer Comment (2017-07-31): Seller provided an LOX from a Plumber that stated that the strapped water heater now has J hook fasteners and the straps were removed. Evidence that the water heaters meet California requirements was not provided by the appraiser and the plumber only mentioned one of the 2 appraisals. Exception remains.	08/03/2017
The file is missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-25): Seller provided the wire instructions as required.	07/25/2017
The seller provided a copy of the post-close CD correcting the closing date and seller paid fees. The post-close CD reduced the recording fees by $62.00 to $88.00. Provide a copy of the final settlement statement or a copy of the refund check, proof of delivery, and a letter of explanation sent to the borrower disclosing the reason.		Reviewer Comment (2017-08-07): Sell provided an additional PCCD to the borrower reflecting the accurate fee’s paid. Reviewer Comment (2017-08-03): Seller provided the final Settlement statement, however the figures do not match the PCCD . Exception remains.	08/07/2017
		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the seller paid fees to match the seller’s CD.		07/28/2017
The borrower is a First Time Home Buyer. Per the guidelines, a 24 month rental history with no late payments is required. A VOR is acceptable from an institution, if the borrower rents from an individual, 24 months cancelled checks or bank statements are required.		Reviewer Comment (2017-07-25): Seller provided 24 months of verification of rent.	07/25/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202080374	Credit	Guideline	Guideline Issue	The Fraud Report did not include all interested parties to the subject transaction.	Credit Report: Original // Borrower: [REDACTED]
202080374	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
202080374	Credit	Property - Appraisal	General Appraisal Requirements	Valuation Error: Subject photos are missing or not legible.
202080374	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202080988	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202080988	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents and the appraiser, as required by the guidelines.		Reviewer Comment (2017-08-01): Seller provided the Fraud report with all Parties included.	08/01/2017
The file is missing a copy of the purchase agreement addendum extending the contract. Per the contract the close was escrow shall occur 30 days after acceptance. The contract was accepted on [MM/DD/YYYY] and the loan closed [MM/DD/YYYY].		Reviewer Comment (2017-08-07): Based on updated guidance, the loan closed and the extension should not be required. Reviewer Comment (2017-08-01): Seller provided an LOX stating that in the Sate of California, the contract doesn’t expire and as a result, no extension addendum was necessary. However - the addendum is required per AIG. Exception remains.	08/07/2017
The file was missing color photos for the appraisal, as required by the guidelines.		Reviewer Comment (2017-07-25): Seller provided the Appraisal with Color Photos as required.	07/25/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-21): The seller provided a post-close CD correcting the seller paid fees.		07/21/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-28): Seller provided an updated fraud report with all parties as required.	07/28/2017
File contains P&L and Balance Sheets dated 12/31/2016 and 05/31/2017, and 2016 IRS Record of No Return Filed; documents meet Appendix Q requirement for stale tax returns.		Reviewer Comment (2017-07-21): Client elected to waive the condition			07/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-09): Seller provided a PCCD and LOX to the borrower reflecting the corrected seller paid fees Reviewer Comment (2017-08-04): Cover letter submitted refers to attached CD, but there was no attachment. We have not received a post close CD with any seller paid fees. Exception remains		08/09/2017
The file is missing a copy of the purchase agreement addendum extending the closing date. The purchase agreement stated a closing date of [MM/DD/YYYY] and an addendum extended it to [MM/DD/YYYY]; however the loan did not close until [MM/DD/YYYY].		Reviewer Comment (2017-08-08): Addendum is not required per LOX from Seller the borrowers were out of town which is why the loan closed past the contract date. Reviewer Comment (2017-08-04): Client requires an addendum to the contract dated prior to closing. A waiver need to be requested if there is no addendum.	08/08/2017
Fraud report does not have all Participants . Please provide a fraud report that includes the appraiser as required per guidelines.		Reviewer Comment (2017-08-11): Seller provided the Fraud report with all parties included as required.	08/11/2017
The loan was locked after June 2nd, a field review or desk review secondary valuation is required from one of the approved providers.		Reviewer Comment (2017-07-28): Secondary valuation was ordered and received.	07/28/2017
The file was missing a copy of the signed 2016 and 2015 1040’s as required by Appendix Q.		Reviewer Comment (2017-08-01): Seller provided the Signed 1040’s as required.	08/01/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202080988	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202080988	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202080988	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202080988	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Fees In Alphabetical Order	TILA-RESPA Integrated Disclosure: Final Closing Disclosure provided on [MM/DD/YYYY] did not list the fees in Sections A, B or C in alphabetical order. (Final/[MM/DD/YYYY])
202080988	Credit	Credit	Misc	Credit Exception:
202081474	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202081474	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202081474	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202081476	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202081476	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202081476	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the signed 2016 and 2015 1040’s as required by Appendix Q.		Reviewer Comment (2017-08-01): Seller provided the Signed 1040’s as required.	08/01/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the seller paid fees.		07/28/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, listing and selling agents, and the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-28): Seller provided a fraud report with all interested parties.	07/28/2017
Missing required “Title - “ verbiage on the Settlement Agent Fee. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-03): Seller provided a PCCD and LOX to the borrower correcting the verbiage for the Settlement Agent Fee. Reviewer Comment (2017-08-01): Seller provided the Corrected PCCD, however the lox to the borrower was not included. Please provide the LOX that was sent to the borrower explaining the changes made to the doc. Reviewer Comment (2017-07-28): The seller provided a post-close CD; however the Settlement Fee in section C was still disclosed as Settlement Agent Fee and not Title-Settlement Agent Fee. Condition remains		08/03/2017
The purchase agreement in the file states the loan must close on or before [MM/DD/YYYY]. The file is missing a copy of the purchase agreement addendum extending the closing date. The loan closed [MM/DD/YYYY].		Reviewer Comment (2017-08-09): Contract addendum was provided. Reviewer Comment (2017-08-03): Seller provided the addendum, however the borrower dated the addendum after closing. Exception Remains. Reviewer Comment (2017-08-01): Seller provided an updated purchase agreement, however this is only initialed by the buyer and not the seller. Additionally it is not dated and there is no indication that this was updated prior to close. Exception remains.	08/09/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-28): Secondary Valuation ordered and received.	07/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-03): Seller provided a PCCD and LOX to the borrower with corrected seller paid fees		08/03/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-28): Seller provided the fraud report as required.	07/28/2017
Lender’s wiring instructions were not provided.		Reviewer Comment (2017-07-28): Seller provided a copy of the wiring instructions	07/28/2017
The file was missing the required HOA Information.		Reviewer Comment (2017-07-28): Seller provided the required HOA information	07/28/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrowers receipt.		Reviewer Comment (2017-07-28): Seller provided proof of the borrowers receipt of the disclosure	07/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202081476	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202081476	Credit	Credit	Misc	Credit Exception:
202081476	Credit	Credit	Misc	Credit Exception:
202081476	Credit	Credit	Misc	Credit Exception:
202086710	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202086710	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Deposit that does not match the Deposit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
202086710	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] ___
202086711	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/[REDACTED]/794192)
202086711	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 03/15/2017. ([REDACTED]/Partnership)
202086711	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202086711	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7552)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including fees paid before closing), borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a post-close CD and a revised seller CD matching the seller paid fees.		07/28/2017
The purchase agreement and the seller’s CD disclosed a $52,200.00 for the escrow holdback of a pool Per the guidelines, the work must be completed within 90 days of loan closing. Evidence of funds release and property completion must be provided to AIG Investments. A copy of the holdback agreement is required. Once received, a waiver request will be sent to the client for approval.		Reviewer Comment (2017-08-04): Escrow holdback agreement ha been received. See new exception requesting waiver.	08/04/2017
EXCEPTION WAIVER REQUEST: Escrow holdback agreement has been received and requires AIG approval for funding prior to completion of pool and release of funds.	38.56% DTI on this full documentation loan < 43% guideline max - 4.44% below program guideline maximum	Reviewer Comment (2017-08-23): Client elects to waive.			08/23/2017
An amended escrow holdback agreement reflecting the completion date, acknowledged by all parties, is required for credit exception waiver to be considered.		Reviewer Comment (2017-08-23): Amended Escrow hold back agreement was provided reflecting the completion date.	08/23/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-30): Secondary Product Ordered and Received.	07/30/2017
The purchase agreement confirmed an earnest money deposit of $xx was made. The Calculating Cash to Close and Summaries of Transactions sections on page 3 of final CD reflected a deposit of $0. The deposit was listed in the other credits section. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-30): Seller provided the correct CD and LOX to the borrower		07/30/2017
The file is missing the last two years IRS Transcripts, as required by the guidelines. Note: if the transcripts disclose unreimbursed employee expenses or self-employment income, two years 1040’s are also required for two years.		Reviewer Comment (2017-07-30): Seller provided the Tax Transcripts as required.	07/30/2017
The file was missing a Verbal VOE from the borrower’s current employer. A start date of 10/01/2016 was stated on the 1008, resulting in a gap in employment history of 30 days or more. A LOX from the borrower is required explaining the reason for the gap, as required by Appendix Q.		Reviewer Comment (2017-07-31): Seller provided evidence that the borrower didn’t have a gap in employment.	07/31/2017
The file is missing the 2016 personal tax returns and business tax returns. Evidence of extension provided in file for 2016. The file contained a copy of the 2014 and 2015 1040’s and business returns. The condition is informational and a waiver is required.		Reviewer Comment (2017-07-24): Client elects to waive the condition			07/24/2017
The file is missing a copy of the letter of explanation from the borrower explaining the gap in employment of 30 days or more and a copy of the signed 2015/2014 1065’s for the co-borrower’s partnership, as required by Appendix Q.		Reviewer Comment (2017-08-08): Seller provided a copy of the signed 1065’s for the co-borrower’s partnership and a letter of explanation for the gap in the borrower’s employment history. Reviewer Comment (2017-08-01): Seller provided evidence that there is not a gap in employment. However, The file is missing a copy of the signed 2015/2014 1065’s for the co-borrower’s partnership, as required by Appendix Q. Exception Remains.	08/08/2017
Reinspection Fee was not disclosed on the LE dated 06/05/2017, but disclosed as $xx on Final Closing Disclosure. Sufficient cure of $xx was disclosed on the Final Closing Disclosure.		Reviewer Comment (2017-07-24): Cure was provided on the final CD.		07/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	B	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202086711	Compliance	Compliance	Federal Compliance	Partnership Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Partnership). ([REDACTED] [REDACTED]/Partnership)
202086711	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202086711	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
202086711	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202088527	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202088527	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation	ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. (Type:Primary/06/19/2017)
202088527	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202088527	Credit	Assets	Asset Documentation	Assets Error: Accounts are missing
202088527	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202088528	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues,loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status,loan_valuation.hoa_address_street, loan_valuation.hoa_address_city,loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202088528	Credit	Property - Appraisal	Appraisal Reconciliation	Appraisal is required to be in name of Lender	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a copy of the signed 2015/2014 1065’s for the co-borrower’s partnership, as required by Appendix Q.		Reviewer Comment (2017-08-08): Seller provided a copy of the signed 1065’s for the co-borrower’s partnership.	08/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-01): See new Exception for Seller’s waiver request.	08/01/2017
The file is missing a Verbal VOE from the borrower’s employer to verify employment within 10 days of closing.		Reviewer Comment (2017-07-31): Seller provided the VOE within 10 days closing.	07/31/2017
Waiver Request - Seller is requesting a waiver for the “TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made”		Reviewer Comment (2017-08-03): Client elects to waive the non-material exception.			08/03/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-07-28): Seller provided the Wire instructions.	07/28/2017
Evidence that the borrowers were provided a copy of the appraisal has not been provided.		Reviewer Comment (2017-08-03): Seller provided evidence that the Appraisal was sent to the borrower as required.	08/03/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-08-03): Seller provided the updated fraud report with the appraiser included.	08/03/2017
The file is missing a copy of the final CD or settlement statement from the sale of the borrowers departure residence. Note: the borrowers were qualified with net proceeds of $115,000.00.		Reviewer Comment (2017-07-28): Seller provided the CD from the sale of the departing residence.	07/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided the Final Seller CD reflecting additional closing costs paid by the seller. The closing costs paid match the Consumer CD.	07/28/2017
The file is missing the required HOA information.		Reviewer Comment (2017-08-24): HOA information was provided as required. Reviewer Comment (2017-08-24): Seller provided an appraisal. However per the guidelines, the physical address, Contact name, number and email address and tax ID of the association are required. Exception remains.] Reviewer Comment (2017-08-23): Seller provided an appraisal. However per the guidelines, the physical address, Contact name, number and email address and tax ID of the association are required. Exception remains.] Reviewer Comment (2017-08-15): Seller provided an appraisal. However per the guidelines, the physical address, Contact name, number and email address and tax ID of the association are required. Exception remains.	08/24/2017
The appraisal disclosed the lender as Idaho Central Credit Union. The note verifies the lender is Academy Mortgage Corporation. Provide a revised appraisal identifying the lender as the client.		Reviewer Comment (2017-08-15): Seller provided a revised appraisal correcting the lender name.	08/15/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202088528	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202088528	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202089062	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202089062	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues,loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status,loan_valuation.hoa_address_street, loan_valuation.hoa_address_city,loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202089062	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/794591)
202089062	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202089062	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $253.61 exceeds tolerance of $210.00 plus 10% or $231.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
202089062	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202089062	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202089062	Credit	Assets	Asset Documentation	Assets Error: Accounts are missing
202089064	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,000.00 exceeds tolerance of $800.00. Insufficient or no cure was provided to the borrower. (7506)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-04): A post close CD and letter of explanation to the borrowers have been provided with evidence of delivery.	08/04/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-07-28): Seller provided the wire instructions.	07/28/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-08-23): Desk review was ordered and received.	08/23/2017
The required HOA information was not provided		Reviewer Comment (2017-08-25): Seller provided the HOA information. Reviewer Comment (2017-08-23): Seller comment states that the HOA questionnaire was provided, however the document was not attached. Reviewer Comment (2017-07-28): Seller provided the Appraisal, however the HOA contact information is required per the guidelines. Please provide the HOA address, contact name, phone number, email address and tax ID as required per guidelines.	08/25/2017
The file is missing a copy of the borrower’s letter of explanation for the gap in employment between 06/24/2016 to 08/22/2016, as required by Appendix Q.		Reviewer Comment (2017-08-04): LOE regarding gap in employment has been provided.	08/04/2017
The file is missing a copy of the borrower’s letter of explanation for the gap in employment between 06/24/2016 to 08/22/2016, as required by Appendix Q.		Reviewer Comment (2017-08-04): LOE regarding gap in employment has been provided.	08/04/2017
Ten Percent Fee Tolerance of $253.61 exceeds tolerance of $210.00 plus 10% or $231.00. Final Closing Disclosure disclosed a cure of $xx.				07/25/2017
Lender’s Wire Instructions were not provided in imaged file.		Reviewer Comment (2017-07-28): Seller provided the wire instructions.	07/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-23): Seller provided a PCCD and LOX to the borrower with the seller paid fees Reviewer Comment (2017-08-11): Seller provided a rebuttal regarding the seller paid fee’s. However, the regs require the Seller paid fee’s be reflected on the consumer CD. Additionally, this is required by the lender per the Bulletin. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		08/23/2017
The file is missing a copy of the final CD or settlement statement for the sale of the departure residence. Note: the borrower was qualified with net proceeds of $xx.		Reviewer Comment (2017-07-28): Seller provided the Final HUD 1 for the sale of the departure residence.	07/28/2017
Appraisal Fee was disclosed as $800.00 on the LE dated 06/09/2017, but disclosed as $1,000.00 on Final Closing Disclosure. Cure provided on the final CD.		Reviewer Comment (2017-07-25): Cure provided on the final CD.		07/25/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202089064	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202089064	Compliance	Compliance	Federal Compliance	TRID Interim Closing Disclosure Esign Consent Agreement Timing	ESIGN Act - Closing Disclosure provided on 06/26/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Interim/06/26/2017)
202089064	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202089064	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $290.00 exceeds tolerance of $200.00 plus 10% or $220.00. Insufficient or no cure was provided to the borrower. (0)
202089064	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7505)
202089064	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee. Fee Amount of $132.12 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75206)
202089064	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202089066	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202089066	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $634.00 exceeds tolerance of $454.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202089066	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202089066	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): The seller provided a post-close CD correcting the closing date.		07/28/2017
Borrowers electronically signed a preliminary Closing Disclosure on 06/26/2017 however, did not consent to electronic disclosures until 06/30/2017.		Reviewer Comment (2017-07-28): Seller provided a copy of the borrowers consent to receive electronic documentation	07/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): See new condition requesting a waiver	07/28/2017
Ten Percent Fee Tolerance of $290.00 exceeds tolerance of $200.00 plus 10% or $220.00. Final Closing Disclosure disclosed a cure of $207.50. Cure of $xx was disclosed on the Final Closing Disclosure and is sufficient to cure this violation.		Reviewer Comment (2017-07-25): Cure provided on the final CD		07/25/2017
Appraisal Desk Review Fee was not disclosed on the LE dated 06/09/2017, but disclosed as $xx on Final Closing Disclosure. Cure provided on the final CD.		Reviewer Comment (2017-07-25): Cure provided on the final CD.		07/25/2017
Title - Wire /Funding/ Disbursement Fee was not disclosed on the LE dated 06/09/2017, but disclosed as $66.06 on Final Closing Disclosure for the borrowers. The remaining $66.06 was disclosed on the Seller’s CD. Cure provided on the final CD.		Reviewer Comment (2017-07-25): Cure provided on the final CD.		07/25/2017
The seller is requesting a waiver for the Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-01): Client elects to waive the non-material exception.			08/01/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-07-28): Seller provided the wire instructions.	07/28/2017
				07/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-03): Seller provided a PCCD and LOX to the borrower with Seller paid fee’s reflected.		08/03/2017
The file was missing a copy of the purchase agreement addendum extending the settlement date. The purchase agreement disclosed a settlement date of [MM/DD/YYYY]; however the loan closed [MM/DD/YYYY].		Reviewer Comment (2017-07-28): Seller provided the addendum reflecting the closing date .	07/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202089066	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202089067	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202089067	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202089067	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Deposit that does not match the Deposit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
202089067	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202089067	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $155.00 exceeds tolerance of $30.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
202089067	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $175.00 exceeds tolerance of $150.00 plus 10% or $165.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
202089067	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
202089068	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202089068	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202089068	Compliance	Compliance	Federal Compliance	Capital Gains Tax Returns	Qualified Mortgage (Dodd-Frank 2014): Three (3) years tax returns to evaluate Capital Gains or Losses requirement not met. (Gonzalez,Christopher (employer unknown)/Schedule D)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The amount of hazard insurance coverage verified on the documentation in file was $xx. The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value of $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-07-28): Seller provided evidence of sufficient coverage.	07/28/2017
Lender’s wiring instructions needed for funding are missing from the file.		Reviewer Comment (2017-07-28): Seller provided a copy of the wiring instructions	07/28/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the closing date.		07/28/2017
The Earnest Money Deposit was incorrectly shown as an adjustment in the Calculating Cash to Close table. It should be reflected as deposit in the Summaries of Transactions and the Calculating Cash to Close sections. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the EMD in the Calculating Cash to Close and Summaries of Transactions sections.		07/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the seller paid closing costs that matched the final settlement statement.		07/28/2017
				07/25/2017
				07/25/2017
The file is missing a copy of the homeowner’s insurance declarations page or policy in effect at or before the closing date. The declarations page in the file has an effective date of 07/10/2017, the loan closed [MM/DD/YYYY].		Reviewer Comment (2017-07-28): Seller provided a post-close CD verifying the disbursement date and the policy was in effect prior to disbursement.	07/28/2017
Lender’s wire instructions were not provided.		Reviewer Comment (2017-07-28): Seller provided a copy of the wiring instructions	07/28/2017
The required HOA Information is missing.		Reviewer Comment (2017-08-04): Seller provided all HOA information as required.	08/04/2017
The Capital Gains loss was deducted from the borrower’s income. Per the guidelines and Appendix Q, if the borrower has a constant turnover of assets resulting in gains or losses, the capital gain or loss must be considered when determining the income. Three years’ tax returns are required to evaluate an earnings trend. The Seller must document anticipated continuation of income through verified assets. The file contained a copy of the 2015/2016 1040’s; however the 2014 1040’s and the anticipated continuation was not provided.		Reviewer Comment (2017-08-04): The 3rd year tax return was provided in the Trailing Docs. Now the file contains the required three years tax returns to evidence the capital gain losses.	08/04/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202089068	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202089068	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202089068	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202089068	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202089068	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202089069	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202089069	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues,loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202089070	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202089070	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202089070	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 03/15/2017. ([REDACTED]/S-Corp)
202089070	Credit	Loan Package Documentation	Application / Processing	Missing Valuation:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The Capital Gains loss was deducted from the borrower’s income. Per the guidelines and Appendix Q, if the borrower has a constant turnover of assets resulting in gains or losses, the capital gain or loss must be considered when determining the income. Three years’ tax returns are required to evaluate an earnings trend. The Seller must document anticipated continuation of income through verified assets. The file contained a copy of the 2015/2016 1040’s; however the 2014 1040’s and the anticipated continuation was not provided.		Reviewer Comment (2017-08-04): Received the 3rd year tax returns to resolve the QM issue.	08/04/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of delivery to the borrower.		Reviewer Comment (2017-07-28): Seller provided proof the borrowers received the disclosure	07/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Note: the post-close CD in the file verified seller paid closing costs of $xx which still did not match the seller’s CD. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made or a copy of the final settlement statement verifying the fees disclosed on the post-close CD.		Reviewer Comment (2017-08-03): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower.		08/03/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-07-25): Seller provided a post-close CD correcting the closing date.		07/25/2017
The borrower’s fees and cash to close decreased on the post-close CD. Provide a copy of the final settlement statement verifying the loan disbursed as disclosed on the post-close CD		Reviewer Comment (2017-07-28): Seller provided a copy of the final settlement statement confirming the loan disbursed as disclosed on the post-close CD.	07/28/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-07-28): Seller provided the wire instructions.	07/28/2017
The file was missing the required HOA information		Reviewer Comment (2017-08-09): Seller provided the HOA information as required. Reviewer Comment (2017-07-28): Seller provided the HOA information however the contact number and email address were not provided. Please provide a contact number and email address for the HOA contact. Exception remains.	08/09/2017
The file was missing a copy of the required fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-08-08): Seller provided the updated Fraud report with all parties as required.	08/08/2017
Missing all required HOA information.		Reviewer Comment (2017-08-20): Seller provided the complete HOA information as required. Reviewer Comment (2017-08-14): Seller provided HOA information, however they did not include the Zip code for the HOA physical address.	08/20/2017
The file is missing the 2016 personal and business tax returns. Evidence of extension provided in file for 2016. The file contained a copy of the 2014 and 2015 1040’s and business returns. The condition is informational and a waiver is required.		Reviewer Comment (2017-07-26): Client has elected to waive the condition			07/26/2017
The company address was not provided in the appraiser section on page 6 of 6 of the URAR.		Reviewer Comment (2017-08-16): Seller provided an amended appraisal with the company address.	08/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202089070	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202089070	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/06/19/2017)
202089204	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202089204	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202089204	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
202089204	Credit	Loan Package Documentation	Application / Processing	Missing Document: Flood Certificate not provided
202091514	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202091514	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202091514	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $615.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7507)
202091691	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202091691	Credit	Loan Package Documentation	Application / Processing	Missing Document: Mortgage Loan Payoff Statement not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Lenders wire instructions have not been provided.		Reviewer Comment (2017-08-07): Seller provided a copy of the wiring instructions	08/07/2017
The file contained documentation verifying the borrower received a copy of the appraisal on 06/13/2017, which was prior to the revised appraisal report date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the appraisal with the report date of [MM/DD/YYYY].		Reviewer Comment (2017-08-10): Seller provided evidence that the borrower acknowledges receiving all copies of the appraisals. Reviewer Comment (2017-08-07): Seller provided an additional copy of the Appraisal/Valuation Acknowledgement disclosure signed at closing; however the file contained documentation verifying the receipt of the appraisal which was prior to the report date. The disclosure provided does not verify the borrowers receipt of the appraisal. Condition remains	08/10/2017
The file was missing a copy of the YTD Balance sheet for Classic City Insurance Group, as required by Appendix Q.		Reviewer Comment (2017-08-01): Seller provided the Balance sheet as required per appendix Q. Reviewer Comment (2017-07-28): The seller provided a copy of the P&L for Classic City Insurance Group that was provided in the original file. A copy of the YTD Balance sheet was not provided. Condition remains	08/01/2017
The file was missing documentation verifying the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-07-28): Seller provided a copy of the e-consent disclosure	07/28/2017
The file was missing a copy of the YTD Balance sheet for [REDACTED], as required by Appendix Q.		Reviewer Comment (2017-08-01): Seller provided the Balance sheet as required per appendix Q. Reviewer Comment (2017-07-28): The seller provided a copy of the P&L for Classic City Insurance Group that was provided in the original file. A copy of the YTD Balance sheet was not provided. Condition remains	08/01/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-07-28): Seller provided a copy of the fraud report including all interested parties	07/28/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Note: the closing date was corrected on the post close CD dated 07/17/2017; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-07-30): Seller provided a PCCD and LOX to the borrower		07/30/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-23): Client elects to waive the non-material exception. Reviewer Comment (2017-08-07): Seller provided an additional copy of the post-close CD however the seller paid fees on the CD did not match the seller paid fees on the seller’s CD. Per TILA regulations, all seller paid fees associated with the transaction must be disclosed on the borrower’s CD. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation sent to the borrower disclosing the changes made. Condition remains Reviewer Comment (2017-08-04): All that was provided was a cover letter explaining the correction to the closing date. A corrected CD and LOE regarding seller paid closing costs was not provided. Exception remains. Reviewer Comment (2017-07-30): Seller provided a document that states “Per TRID guidelines the sellers fees are not required to shown on the Borrower CD. The lender is not responsible for the seller fees according to TRID guidelines. Seller fees are the responsibility of the title company.” However, Reg Z requires that the borrower be informed of all fees that are relative to the transaction and therefore a Post close CD and LOX to the borrower are required.			08/23/2017
				07/24/2017
The file was missing a copy of the required fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-07-28): Seller provided a copy of the fraud report with all interested parties included.	07/28/2017
The file was missing a copy of the mortgage payoff statement.		Reviewer Comment (2017-07-28): Seller provided a copy of the mortgage payoff	07/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202091691	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202091691	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202091691	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
202093151	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202093152	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202093152	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
202093152	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202093152	Credit	Credit	Misc	Credit Exception:
202100399	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202100399	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202100399	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Lenders wire instructions have not been provided.		Reviewer Comment (2017-07-28): Seller provided a copy of the wiring instructions	07/28/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made. Note: the file contained a post-close CD correcting the closing date; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the closing date and disbursement date.		07/28/2017
The final CD disclosed a disbursement date of [MM/DD/YYYY], which was prior to three business days from the transaction date. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made. Note: the file contained a post-close CD correcting the disbursement date; however a copy of the letter of explanation sent to the borrower disclosing the changes made was not provided.		Reviewer Comment (2017-07-28): Seller provided a post-close CD correcting the closing date and disbursement date.		07/28/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines. Note: per the guidelines, all interested parties must be checked against the Department of Housing and Urban Development (HUD) Limited Denial of Participation List, Office of Foreign Assets Control (OFAC) Specially Designated Nationals and Blocked Persons List, the Freddie Mac Exclusionary List (if the Seller is a Freddie Mac approved Seller/Servicer with access to such list), or the General Services Administration (GSA) Excluded Party List System. The appraiser was only checked against the GSA list.		Reviewer Comment (2017-07-30): Seller provided the OFAC report updated with all parties reflecting that none are on the list.	07/30/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-07-28): Seller provided a copy of the wiring instructions	07/28/2017
The final CD dated [MM/DD/YYYY] disclosed a disbursement date of [MM/DD/YYYY] which was prior to three days from the transaction date of [MM/DD/YYYY].		Reviewer Comment (2017-07-27): Seller provided a post-close CD correcting the disbursement date.		07/27/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made. Note: the file contained a post-close CD dated 07/14/2017; however the closing date was still disclosed as [MM/DD/YYYY].		Reviewer Comment (2017-07-30): Seller provided a PCCD and LOX to the borrower reflecting the corrected closing date.		07/30/2017
The post-close CD dated 07/14/2017 disclosed less borrower paid closing costs and addition cash to the borrower at closing. Provide a copy of the final settlement statement to confirm the loan was disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-07-28): Seller provided a copy of the final Settlement statement to confirm the loan was disbursed as disclosed on the post-close CD.	07/28/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered.		Reviewer Comment (2017-07-31): secondary Valuation was ordered and provided.	07/31/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-31): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		07/31/2017
Per the purchase agreement and the documentation in the file, the borrower made an earnest money deposit of $8,500.00. The Calculating Cash to Close and the Summaries of Transaction sections of the final CD did not disclose the deposit. Provide a post-close CD correcting these sections and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-31): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		07/31/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202100399	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202100399	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $2,017.12 exceeds tolerance of $448.00. Insufficient or no cure was provided to the borrower. (8304)
202100399	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202100399	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
202100400	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202100400	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202100532	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202100532	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202100532	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202100532	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of $425.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75208)
202100532	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Cure for the transfer tax 0% tolerance violation of $1,120.87 was not provided.		Reviewer Comment (2017-07-31): Seller provided the corrected post close CD reflecting corrected Transfer taxes paid by the borrower.		07/31/2017
Transfer Taxes were disclosed as $xx on the LE dated 05/22/2017, but disclosed as $xx on Final Closing Disclosure. The remaining Transfer Taxes of $xx were seller paid, and are customarily paid by Seller in the State of CA. Evidence of cure of $xx was not provided.		Reviewer Comment (2017-07-31): Seller provided the corrected post close CD reflecting corrected Transfer taxes paid by the borrower.		07/31/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-31): Seller provided the corrected post close CD reflecting corrected seller paid fees.		07/31/2017
Seller provided a PCCD to the borrower dated 7/28/17 however the Closing cost and cash to close figures do not match the final CD at closing. Please provide the final SS to verify the borrower paid closing costs and calculated cash to close figures.		Reviewer Comment (2017-08-07): upon Further review, the Final Settlement statement provided, does match the PCCD figures verifying fee’s paid at closing. Reviewer Comment (2017-08-03): Seller provided a final Settlement statement, however the figures do not match the PCCD. Please provide a PCCD and LOX to the borrower of the changes. Exception Remains.	08/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-30): Seller provided a PCCD and LOX to the borrower reflecting the seller paid fees		07/30/2017
The file is missing a copy of the borrower’s consent to receive electronic documentation.		Reviewer Comment (2017-07-30): Seller provided evidence of E-consent.	07/30/2017
The file is missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-07-30): Seller provided the wire instructions.	07/30/2017
Cure for verification fee of $425.00 was not provided. Provide a corrected post close CD with the cure, letter of explanation to the borrowers, copy of refund check and evidence of delivery to the borrowers.		Reviewer Comment (2017-08-04): Corrected post close CD, refund check and letter of explanation to the borrowers has been provided.		08/04/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-04): CD provided shows correct seller paid costs	08/04/2017
Fee was not disclosed on Loan Estimate. Note: the file only contained a copy of the final CD issued and executed on 07/14/2017. Provide a corrected post close CD with the cure, letter of explanation to the borrowers, copy of refund check and evidence of delivery to the borrowers.		Reviewer Comment (2017-08-04): Corrected CD, copy of refund check and letter of explanation to the borrower have been provided		08/04/2017
Evidence of earlier borrower receipt was not found in file. The file only contained the final CD issued and executed on 07/14/2017. The file was missing a copy of the initial CD or any re-disclosed CD’s prior to the final CD.		Reviewer Comment (2017-08-14): Evidence of timely delivery was provided.	08/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202100532	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Finance Charge	TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Finance Charge that does not match the actual finance charge for the loan. (Final/[MM/DD/YYYY])
202100532	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Fee. Fee Amount of $425.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (75208)
202100533	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202100533	Compliance	Compliance	Federal Compliance	RESPA - Initial Escrow Account Statement Missing	RESPA: Initial escrow account statement was not provided to the borrower.
202100533	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
202100533	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
202100533	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/07/06/2017)
202100533	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
202100533	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202100533	Compliance	Loan Package Documentation	Closing / Title	(Doc Error) HUD Error: Disbursement date is blank.
202114383	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-04): Corrected CD, LOE to the borrower and refund check have been provided.	08/04/2017
				08/04/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-07-30): Seller provided the wire instructions.	07/30/2017
The file was missing a copy of the initial escrow account disclosure.		Reviewer Comment (2017-07-30): Seller provided the escrow disclosure	07/30/2017
The homeowner’s insurance documentation in the file verified an annual premium of $1,696.60; however section F of the final CD disclosed the premium as $1,696.00. Provide a post-close CD correcting the premium, a copy of the letter of explanation to the borrower disclosing the changes made, and proof the premium was paid in full.		Reviewer Comment (2017-08-07): Seller provided a post-close CD correcting the insurance premium in section F and proof the policy was paid in full. Reviewer Comment (2017-08-04): Corrected post close CD and evidence insurance was paid in full have been received, but letter to borrower explaining the changes made is missing from the file. Reviewer Comment (2017-08-04): Evidence the premium was paid in full, and corrected post close CD have been provided, but letter to borrower explaining the changes made is missing from the file.		08/07/2017
Evidence of earlier borrower receipt was not found in file. Note: the only CD provided was the final CD issued 07/06/2017 and executed on 07/07/2017.		Reviewer Comment (2017-07-30): Seller provided the initial CD that was provided to the borrower.	07/30/2017
		Reviewer Comment (2017-07-30): Seller provided evidence that all versions of the appraisal were sent to the borrower.	07/30/2017
The file is missing a copy of the purchase agreement addendum extending the closing date. The original purchase agreement disclosed a closing date of [MM/DD/YYYY]; however the closing date was [MM/DD/YYYY].		Reviewer Comment (2017-07-30): Seller provided the purchase contract which reflects a closing date within 7 days after objections made under Paragraph 6D have been cured or waived which is acceptable.	07/30/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-07): Seller provided a post-close CD correcting the seller paid fees.		08/07/2017
PCCD dated 8/1/17 reflects a disbursement date of [MM/DD/YYYY] which is prior to the closing date of [MM/DD/YYYY]. Please provide a corrected PCCD and LOX to the borrower correcting the disbursement date and closing date.		Reviewer Comment (2017-08-09): Seller provided a PCCD correcting the disbursement date to reflect the correct date of disbursement.	08/09/2017
The file was missing verification of the borrower’s consent to receive electronic documentation.		Reviewer Comment (2017-08-01): Seller provided the Evidence of borrower consent to electronic documents.	08/01/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202114383	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202114383	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $111.00 exceeds tolerance of $99.00 plus 10% or $108.90. Insufficient or no cure was provided to the borrower. (0)
202114383	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Field Review Fee. Fee Amount of $400.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7508)
202114383	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] ___
202114384	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202114384	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202114384	Credit	Guideline	Guideline Issue	The Fraud Report did not include all interested parties to the subject transaction.	Credit Report: Original // Borrower: [REDACTED]
202114384	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202114384	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
202114384	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202114384	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-04): Post close CD including all seller paid costs and a letter of explanation to the borrower have been provided.	08/04/2017
Cure provided on the final CD		Reviewer Comment (2017-07-27): Cure provided on the final CD		07/27/2017
Cure provided on the final CD		Reviewer Comment (2017-07-27): Cure provided on the final CD		07/27/2017
The 2015/2016 IRS transcripts in file verified unreimbursed expenses. Per the guidelines, the last two years 1040’s are required.		Reviewer Comment (2017-08-01): Seller provided the 2 years tax returns verifying the borrower income and unreimbursed expenses.	08/01/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-08-07): Seller provided a copy of the wiring instructions	08/07/2017
The required HOA information was not provided.		Reviewer Comment (2017-08-09): Seller provided The HOA information as required.	08/09/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the borrowers, seller, listing and selling agents, the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-08-09): Seller provided the Fraud report. Reviewer Comment (2017-08-07): Seller provided documentation verifying the borrower, seller. listing and selling agent, and loan originator were checked against the LDP and GSA lists; however there is no proof the appraiser was included in the verification. Note: the appraiser was included on the Drive report, however the report does not verify the appraiser was not on the required watch lists. Condition remains	08/09/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-09): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		08/09/2017
Evidence of earlier borrower receipt was not found in file. Note: the file only contained one CD, issued and executed on 07/07/2017. Per the disclosure tracking summary in the file, there was a an initial CD sent on 06/29/2017.		Reviewer Comment (2017-08-07): Seller provided a copy of the initial CD .	08/07/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-08): Seller provided a post-close CD correcting the seller paid closing costs.		08/08/2017
Provide a signed final CD or settlement statement from the sale of the borrower’s departure residence. The settlement statement in the file was not signed and the settlement date was after the closing date of the subject transaction.		Reviewer Comment (2017-08-16): Seller provided the final CD for the Sale of the departure residence.	08/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202114384	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
202114385	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202114385	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
202114385	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202118057	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202118057	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202118059	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained a pay stub for the bonus income the borrower receives to support a large deposit. The file was missing a pay stub verifying the borrower’s current salary.		Reviewer Comment (2017-08-07): Seller provided a copy of the pay stubs for the borrower verifying the bi-weekly salary.	08/07/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx ($xx dwelling coverage + $xx extended replacement cost coverage). The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal provided the total estimate of cost-new of $xx and per the FNMA selling guide, coverage must be at least 80% of the cost-new value. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-07-30): seller provided Evidence of sufficient insurance.	07/30/2017
The homeowner’s insurance documentation in the file verified an annual premium of $1,464.33; however the final CD disclosed an annual premium of $1,464.63 in section F. Provide a post-close CD correcting the premium, a copy of the letter of explanation to the borrower disclosing the changes made, and proof the borrower was refunded the difference between the policy premium collected and the actual policy premium.		Reviewer Comment (2017-07-30): Seller provided a post Close CD and LOX to the borrower correcting the hazard information on page 2.		07/30/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-07-30): Seller provided a post Close CD and LOX to the borrower reflecting the seller paid fees.		07/30/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-08-03): Secondary Valuation was ordered and received.	08/03/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-03): Seller provided a PCCD and LOX to the borrower with the corrected Seller paid fees.		08/03/2017
Closing Disclosure reflects a change in the Down Payment/Funds from Borrower from $xx to $xx, however Did this Change is answered No. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-07): Seller provided a post-close CD and a copy of the letter of explanation sent to the borrower correcting the Calculating Cash to Close section. Reviewer Comment (2017-08-04): Corrected post close CD has been provided, but letter to the borrower explaining the change and evidence of delivery are missing and are required.		08/07/2017
The file was missing a copy of the Your Home Loan Toolkit Disclosure or proof of the borrowers receipt.		Reviewer Comment (2017-08-04): Evidence of borrower’s receipt of the toolkit has been provided.	08/04/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-08-04): Fraud report including all parties has been provided.	08/04/2017
Provide a copy of the purchase agreement extending the closing date. The purchase agreement states the loan will close within 60 days of the agreement which was dated [MM/DD/YYYY]. The loan closed [MM/DD/YYYY], 81 days after acceptance.		Reviewer Comment (2017-08-04): Contract extension signed by all parties has been provided.	08/04/2017
Lender’s Wire Instructions were not provided in imaged file.		Reviewer Comment (2017-08-08): Seller provided a copy of the wiring instructions	08/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	B	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202118059	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202118059	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
202118059	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $12,318.60 exceeds tolerance of $3,685.00. Insufficient or no cure was provided to the borrower. (7200)
202118059	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202118059	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202147545	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202147545	Credit	Assets	Asset Documentation	Missing Document: Gift Letter not provided
202147545	Credit	Assets	Asset Documentation	Guideline Issue:Insufficient asset documentation.
202147545	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202147545	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $800.00 exceeds tolerance of $600.00. Insufficient or no cure was provided to the borrower. (7506)
202147545	Credit	Credit	Misc	Credit Exception:

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Cure for 0% tolerance violation of $8,633.60 was not provided.		Reviewer Comment (2017-08-08): Seller provided a valid change of circumstance disclosure for the increase in the loan discount points.	08/08/2017
Evidence of earlier borrower receipt was not found in file. Note: the file only contained the final CD issued and signed on 07/14/2017. The initial CD and any re-disclosed CD’s were not provided in the file.		Reviewer Comment (2017-08-08): Seller provided a copy of the initial CD.	08/08/2017
Loan Discount Points were disclosed as $xx on the LE dated 04/19/2017, but disclosed as $xx on Final Closing Disclosure. Evidence of cure was not provided. Note: the file only contained the CD issued 07/14/2017. Provide any additional CD“s and a valid change of circumstance disclosure for the increased fee.		Reviewer Comment (2017-08-08): Seller provided a valid change of circumstance disclosure for the increase in the loan discount points.	08/08/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx. The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. Appraisal cost-new is $xx and per the FNMA selling guide, coverage must be at least 80% of the appraised value or $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-08-09): Evidence of sufficient coverage was provided.	08/09/2017
Field review value is greater than -10% below the original appraisal value. Field review value was used at origination for LTV and calculation purposes.		Reviewer Comment (2017-08-16): Client elects to waive the non-material exception.			08/16/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-08-11): Desk review ordered, Seller was granted an additional week for the secondary valuations.	08/11/2017
The file contains a gift check for $xx from [REDACTED], but the gift letter and evidence of donor’s funds are missing from the file and are required.		Reviewer Comment (2017-08-04): Documentation of funds transfer and gift letter have been provided.	08/04/2017
Gift letter for the $xx gift has been provided but the evidence of donor’s ability is missing from the file.		Reviewer Comment (2017-08-04): Evidence of donor ability and check clearing have been provided.	08/04/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]		Reviewer Comment (2017-08-04): Post close CD with correct closing date and letter of explanation to the borrowers have been provided.	08/04/2017
		Reviewer Comment (2017-07-27): Cure of $xx was provided on the final CD		07/27/2017
File contains evidence of recent mortgage payoff, but settlement statement or CD verifying sale of previous residence is missing from the file.		Reviewer Comment (2017-08-04): Seller’s CD has been provided.	08/04/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202147545	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202147545	Credit	Credit	Misc	Credit Exception:
202147545	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202147546	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
202147546	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202147546	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Without Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202147546	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $148.00 exceeds tolerance of $96.00 plus 10% or $105.60. Insufficient or no cure was provided to the borrower. (0)
202147546	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7505)
202164493	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202164493	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $900.00 exceeds tolerance of $800.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202164493	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller CD reflects seller paid fees of $xx which is not consistent with the seller paid fee’s reflected on the consumer final CD.		Reviewer Comment (2017-08-11): See new Exception for seller requested Waiver.	08/11/2017
Missing LOE and source documentation (paper trail) for large deposit of $xx on [MM/DD/YYYY] into [REDACTED] #[REDACTED]. It appears this might be from the sale of home located at [REDACTED], however, there is no documentation to support.		Reviewer Comment (2017-08-04): Seller’s CD has been provided and is evidence of the source of this deposit.	08/04/2017
Seller requesting Waiver for the TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD: TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY]) EXCEPTION INFO: Seller CD reflects seller paid fees of $xx which is not consistent with the seller paid fee’s reflected on the consumer final CD.		Reviewer Comment (2017-08-14): Client elects to waive the non-material exception.			08/14/2017
Compliance report was not provided to verify loan lender QM determination at time of origination.		Reviewer Comment (2017-08-03): Compliance report has been provided showing loan designation	08/03/2017
Lender’s wire instructions were not provided.		Reviewer Comment (2017-08-03): Wiring instructions have been provided.	08/03/2017
		Reviewer Comment (2017-08-03): A post close CD reflecting the additional cure of $xx, a letter of explanation to the borrower, a copy of the refund check and evidence of delivery have been provided.		08/03/2017
		Reviewer Comment (2017-07-27): Lender provided $xx credit at close to the borrower.		07/27/2017
		Reviewer Comment (2017-08-03): A post close CD reflecting the additional cure of $xx, a letter of explanation to the borrower, a copy of the refund check and evidence of delivery have been provided.		08/03/2017
Not provided. Additional Exceptions may apply if seller paid fee’s on the seller CD do not match the consumer CD.		Reviewer Comment (2017-08-03): A copy of the seller’s CD has been provided.	08/03/2017
Cure not provided.				07/26/2017
		Reviewer Comment (2017-08-03): SEE NEW EXCEPTION REQUESTING WAIVER.	08/03/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
1	A	XXXX	XX	Primary	Refinance - Cash-out - Other
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Refinance - Cash-out - Other	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202164493	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202164494	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202164494	Property	Property - Appraisal	General Appraisal Requirements	Valuation Exception:
202164494	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202164494	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202164494	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,000.00 exceeds tolerance of $600.00. Insufficient or no cure was provided to the borrower. (7506)
202164494	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75106)
202164494	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202164494	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
202164494	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202164495	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
EXCEPTION WAIVER REQUEST: Seller is requesting that the exception for consumer’s CD showing all seller paid closing costs shown on the seller’s CD be waived.		Reviewer Comment (2017-08-04): Client has approved this waiver	08/04/2017
Shortfall of $53,975. Provide evidence of sufficient coverage or insurer’s estimate or replacement cost verifying that coverage in place is sufficient.		Reviewer Comment (2017-08-03): Evidence of insurer’s maximum insured value has been provided.	08/03/2017
The file contains three versions of the appraisal: Report dates of 6/23, 6/30 and 7/11. It appears that only the final version was provided to the borrower. Provide evidence that all three versions were provided to the borrower.		Reviewer Comment (2017-08-03): SEE NEW EXCEPTION REQUESTING WAIVER.	08/03/2017
Appraisal fee was disclosed at $xx but final cost was $xx and there was no evidence of a change of circumstance or a cure in the file, resulting in an additional $xx violation. Cure of $xx was provided on the final CD to cure Collateral Desktop Analysis fee. Transfer taxes in the amount of $xx were seller paid Total violation of $xx		Reviewer Comment (2017-08-03): A Change of Circumstance for the increased appraisal fee has been provided.	08/03/2017
Provide a copy of the final seller’s CD.		Reviewer Comment (2017-08-03): A copy of the seller’s CD has been provided.	08/03/2017
Appraisal fee was re-disclosed in the amount of $1,000 on LE dated 6/16/2017 but the file is missing a valid change of circumstance for the re-disclosed LE verifying the increase of the Appraisal fee. Provide either evidence of a valid change of circumstance or a cure to the borrower in the amount of $400, with a letter of explanation and evidence of delivery.		Reviewer Comment (2017-08-03): A valid change of circumstance for the increased appraisal fee has been provided.		08/03/2017
		Reviewer Comment (2017-07-27): Cure of $xx was provided on the final CD		07/27/2017
		Reviewer Comment (2017-08-03): SEE NEW EXCEPTION REQUESTING WAIVER	08/03/2017
EXCEPTION WAIVER REQUEST: Seller is requesting waiver of the requirement to provide evidence borrower was provided with all three versions of the appraisal report.		Reviewer Comment (2017-08-04): Client has approved this waiver.	08/04/2017
EXCEPTION WAIVER REQUEST: Seller is requesting a waiver of the exception requiring that a consumer’s CD showing all seller paid closing costs be provided.		Reviewer Comment (2017-08-04): Client has approved this waiver.	08/04/2017
2016 and 2015 personal and business tax returns not signed and dated.		Reviewer Comment (2017-08-07): Seller provided a copy of the signed 2015/2016 1040’s and business tax returns.	08/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202164495	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
202164495	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202164495	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow - Reason	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
202164495	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7505)
202164495	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/07/07/2017)
202164496	Compliance	Compliance	Federal Compliance	TRID Interim Closing Disclosure Esign Consent Agreement Timing	ESIGN Act - Closing Disclosure provided on 07/05/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/07/05/2017)
202165550	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202165550	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202165550	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202165550	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202165550	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $550.00 exceeds tolerance of $400.00 plus 10% or $440.00. Insufficient or no cure was provided to the borrower. (0)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
2016 and 2015 personal and business tax returns not signed and dated.		Reviewer Comment (2017-08-07): Seller provided a copy of the signed 2015/2016 1040’s and business tax returns.	08/07/2017
		Reviewer Comment (2017-08-07): Seller provided a copy of the signed 2015/2016 1040’s and business tax returns.	08/07/2017
Page 4 of final CD does not have the box marked if borrower chose to decline or lender does not offer.		Reviewer Comment (2017-08-07): Seller provided a post-close CD correcting the escrow section on page 4 of the CD		08/07/2017
				07/27/2017
		Reviewer Comment (2017-08-10): Seller provided evidence of delivery of the updated appraisal Reviewer Comment (2017-08-07): The file is still missing proof of the borrowers receipt of the appraisal report. Condition remains Reviewer Comment (2017-08-03): Evidence that the borrower received an earlier version of the appraisal has been provided. However, the appraisal in the file has an updated report. Evidence that the borrower received a copy of that version of the report is missing and is required	08/10/2017
		Reviewer Comment (2017-08-03): E-Consent document evidencing borrower’s consented has been providedl	08/03/2017
		Reviewer Comment (2017-08-08): Seller provided the Wire instructions as require. Reviewer Comment (2017-08-07): No document was provided for the suspense. Please provide wire instructions.	08/08/2017
		Reviewer Comment (2017-08-08): Increase in fee’s was due to the seller paid portion of the recording fees and therefore there is not a tolerance issue.	08/08/2017
		Reviewer Comment (2017-08-08): Evidence of the toolkit delivery was provided. Reviewer Comment (2017-08-07): No document was provided for the suspense. Please provide evidence of delivery.	08/08/2017
Seller’s CD contained Recording Fee of $150, Real estate commissions of $38,400, Discharge Tracking Fee of $125, Record Trustees cert fee of $75, and Wire fee of $100 not listed on the Consumer’s CD. A corrected post close CD, letter of explanation, and evidence of delivery to the borrowers is required.		Reviewer Comment (2017-08-07): Seller provided a PCCD and LOX to the borrower adding the required seller paid fee’s.		08/07/2017
Recording fee’s increased without a valid CIC.		Reviewer Comment (2017-08-08): Increase in fee’s was due to the seller paid portion of the recording fees and therefore there is not a tolerance issue.	08/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202177684	Property	Appraisal	Appraisal Documentation	Missing required field review due to Review Scope Score < 451 with no field review to support value.
202177684	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
202177684	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
202177684	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
202177684	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202177684	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202177684	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202177684	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
202177684	Compliance	Compliance	Federal Compliance	QM DTI	Qualified Mortgage (Dodd-Frank 2014): Total Debt to Income Ratio exceeds 43% and the images do not provide evidence loan is eligible for purchase, guarantee or insurance by the appropriate agency.
202177684	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien	TRID Final Closing Disclosure [MM/DD/YYYY] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) (Final/[MM/DD/YYYY])
202177684	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-03): Loan locked after requirement for a desk review in lieu of FNC report. Desk review has been provided as required.	08/03/2017
Missing rental lease agreement. Lender followed AUS and used one year, 2016, rental income for investment properties. Guidelines require two years. There is no evidence properties obtained in less than two years. If using two years, transaction does not qualify.		Reviewer Comment (2017-08-14): Lease agreement was provided. Reviewer Comment (2017-08-03): Schedule E for 2015 does not indicate rents received for less than 12 months. Using two year average, Leases have still not been provided. Exception remains.	08/14/2017
Missing rental lease agreement. Lender followed AUS and used one year, 2016, rental income for investment properties. Guidelines require two years. There is no evidence properties obtained in less than two years. If using two years, transaction does not qualify.		Reviewer Comment (2017-08-14): Lease agreement was provided. Reviewer Comment (2017-08-03): Schedule E for 2015 does not indicate rents received for less than 12 months. Using two year average, Leases have still not been provided. Exception remains.	08/14/2017
The 2016 and 2015 personal tax returns are not signed and dated. Missing YTD P&L and Balance Sheet.		Reviewer Comment (2017-08-15): Seller provided a signed copy of the 2015/2016 1040’s, a YTD P&L and Balance Sheet. Reviewer Comment (2017-08-03): Signed page 2 of the 2015 and 2016 1040’s have been provided. YTD Balance sheet and P&L Statement are still required. Exception remains.	08/15/2017
		Reviewer Comment (2017-08-15): Seller provided the signed 1040’s, lease agreements, YTD P&L and Balance Sheet, and proof the borrower purchased the two investment properties in 2015.	08/15/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-08-03): Final CD with correct closing date, signed by borrower, has been provided.	08/03/2017
		Reviewer Comment (2017-08-15): Seller provided proof the disclosure was delivered to the borrowers.	08/15/2017
Final CD in file is not signed and dated by the borrower.		Reviewer Comment (2017-08-03): Final CD with correct closing date, signed by borrower, has been provided.	08/03/2017
		Reviewer Comment (2017-08-15): Seller provided proof the two rental properties using 2016 schedule E only were obtained in 2015. It is acceptable to use 1 years tax returns to calculate the net rental income/loss. Reviewer Comment (2017-08-03): Using two year average rental income increases DTI to over 43%.	08/15/2017
		Reviewer Comment (2017-08-17): Seller CD provided for testing of seller paid fees Reviewer Comment (2017-08-10): A copy of the seller’s CD was provided which shows the seller paid closing costs. What is required is a post close consumer’s CD showing all of the seller paid closing costs along with a letter of explanation to the borrower regarding the changes and evidence of delivery to the borrower. Reviewer Comment (2017-08-03): A copy of the seller’s CD was provided which shows the seller paid closing costs. What is required is a post close consumer’s CD showing all of the seller paid closing costs along with a letter of explanation to the borrower regarding the changes and evidence of delivery to the borrower.	08/17/2017
		Reviewer Comment (2017-08-17): Client elects to waive the non-material exception.			08/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202177684	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202193677	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202193677	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202193677	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/07/17/2017)
202193677	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202193679	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202193679	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $800.00 exceeds tolerance of $634.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202193679	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $69.40 exceeds tolerance of $50.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
202193679	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202193679	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202193680	Credit	Assets	Asset Documentation	Guideline Issue:Insufficient asset documentation.	Financial Institution: [REDACTED] / End Date: 05/30/2017 // Account Type: 401(k)/403(b) Account / Account Number: xxxx

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the selling agent, as required by the guidelines.		Reviewer Comment (2017-08-24): Seller provided the Fraud report as required.	08/24/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-08-07): Seller provided a copy of the wiring instructions Reviewer Comment (2017-08-03): Lender’s wiring instructions are required for funding the loan. Document provided is not wiring instructions.	08/07/2017
Coverage shortfall of $54,400.00		Reviewer Comment (2017-08-08): Seller provided proof of sufficient insurance coverage.	08/08/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-08-03): Evidence the initial CD was sent to the borrower electronically on 7/17 has been provided.	08/03/2017
Fees Disclosed on the Seller Closing Disclosure are $xx and the Consumer’s Final Closing Disclosure Fees are $xx.		Reviewer Comment (2017-08-07): Seller credit of $5,000.00 was itemized on the borrower’s final CD. The seller paid fees on the seller’s CD and the borrower’s CD match.	08/07/2017
Wiring instructions needed for funding are missing from the file.		Reviewer Comment (2017-08-08): Seller provided the Wire instructions.	08/08/2017
				07/31/2017
				07/31/2017
Seller CD not located in the file. Upon Receipt, additional conditions may apply if the seller paid fee’s are not accurately reflected on the consumer CD.		Reviewer Comment (2017-08-08): Seller provided a PCCD and LOX to the borrower, as well as the Seller CD and FSS reflecting accurate fee’s paid at closing Reviewer Comment (2017-08-03): Seller’s Settlement Statement does not satisfy this condition. The Seller’s CD, showing all seller paid buyer’s closing costs, is what is required. exception remains.		08/08/2017
		Reviewer Comment (2017-08-08): Seller provided a corrected PCCD and LOX to the borrower		08/08/2017
Only one month was provided for borrower. Two months required by guidelines.		Reviewer Comment (2017-08-08): The 401-k account in question is not needed to meet the cash to close or reserve requirement. The assets were removed from the calculations.	08/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202193680	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202193680	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202193680	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202193680	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $3,952.78 exceeds tolerance of $2,652.00 plus 10% or $2,917.20. Insufficient or no cure was provided to the borrower. (0)
202193680	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $900.00 exceeds tolerance of $800.00. Insufficient or no cure was provided to the borrower. (7506)
202193680	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202193680	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
202193680	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202193681	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202193681	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $4,511.50 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7200)
202193681	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-530.00. (9300)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]		Reviewer Comment (2017-08-08): Seller provided a post-close CD correcting the closing date.		08/08/2017
		Reviewer Comment (2017-08-08): Seller provided a valid change of circumstance for the increased appraisal fee.	08/08/2017
Consumer CD reflects $73,010.13 and Seller’s CD reflects $74,331.33. Seller’s CD contained Title - Settlement / Closing / Escrow Fee of $1,321.20 not listed on the Consumer’s CD. A corrected post close CD, letter of explanation, and evidence of delivery to the borrowers is required.		Reviewer Comment (2017-08-08): See new condition requesting a waiver	08/08/2017
		Reviewer Comment (2017-08-07): Tolerance violation due to seller paid fee’s and is non-applicable as they are typically paid in the state of subject property,	08/07/2017
Appraisal Fee fee was re-disclosed in the amount of $900 on LE dated 7/7/2017 but the file is missing a valid change of circumstance for the re-disclosed LE verifying the increase of the Appraisal Fee.		Reviewer Comment (2017-08-08): Seller provided a valid change of circumstance for the increased appraisal fee.	08/08/2017
Fraud report did not include the Appraiser as an interested party.		Reviewer Comment (2017-08-08): Seller provided a copy of the fraud report with all interested parties included. Reviewer Comment (2017-08-03): An excerpt from a fraud report has been provided, but it does not match the fraud report in the file. Under Participants to Check on page 7 of the report in the file, neither the appraisal company nor the appraiser are shown. If there is a more complete fraud report, please send all pages.	08/08/2017
Missing page 3 and 4 of final CD		Reviewer Comment (2017-08-08): Seller provided a copy of all pages of the final CD.	08/08/2017
The seller is requesting a waiver for the seller paid closing costs.		Reviewer Comment (2017-08-09): Client elects to waive the non-material exception.			08/09/2017
		Reviewer Comment (2017-08-08): Seller provided a valid change of circumstance for the removal of the lender credit and the increased loan discount points.	08/08/2017
LE did not disclose the discount points. There is no Valid CIC in file allowing the additional fees.		Reviewer Comment (2017-08-08): Seller provided a valid change of circumstance for the increase of the loan discount points.	08/08/2017
		Reviewer Comment (2017-08-08): Seller provided a valid change of circumstance for the removal of the lender credit.	08/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202193681	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202193681	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7507)
202193681	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202193681	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202203496	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
202203496	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202203496	Credit	Assets	Asset Documentation	Earnest Money Deposit is unsourced. Per guidelines EMD source is required.
202203496	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202203550	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202203550	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202203550	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/240971)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-08): See new condition requesting a waiver.	08/08/2017
		Reviewer Comment (2017-07-31): Lender provided $150 credit to borrower at close.		07/31/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-08-08): The seller provided a post-close CD correcting the closing date		08/08/2017
The seller is requesting a waiver for all seller paid closing costs not being disclosed on the borrower’s CD.		Reviewer Comment (2017-08-09): Client elects to waive the non-material exception.			08/09/2017
Final CD incorrectly reflects Title - Courier Fee in section B of CD (Services Borrower did not Shop For). The fee is payable to Lake Union Escrow, which is not the service provider reflected on the Service Provider List provided to the borrowers. As a result, this fee should have been reflected in section C (Services Borrower Did Shop For).		Reviewer Comment (2017-08-07): Seller provided a post-close CD moving the fees to the correct section.		08/07/2017
Seller’s CD contained Courier / Express Mail / Messenger Fee of $82.58, Sales Tax Fee of $85.85, Settlement / Closing / Escrow Fee of $850, Utility Bill Fee of $353.47, Light Bill Fee of $168.81, Title - Owners Coverage Premium Fee of $1,916.20 not listed on the Consumer’s CD. A corrected post close CD, letter of explanation, and evidence of delivery to the borrowers is required.		Reviewer Comment (2017-08-07): See new condition requesting a waiver	08/07/2017
Missing documentation that earnest money in the amount of $20,000 cleared borrower’s account.		Reviewer Comment (2017-08-03): Updated bank balance and evidence of earnest money clearing borrower’s account has been provided.	08/03/2017
The seller is requesting a waiver for the seller paid fees on the final CD not matching the seller’s CD.		Reviewer Comment (2017-08-08): Client has elected to waive the condition			08/08/2017
Fees disclosed on the Seller’s Closing Disclosure of $xx are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure of $xx		Reviewer Comment (2017-08-04): Total of itemized closing costs and credit on seller’s CD matches seller paid costs on consumer’s CD.	08/04/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-07-31): Valuation product ordered and received.	07/31/2017
CD reflects escrow amount of $xx but actual escrow payment amount is $xx per the tax cert and Insurance Dec page in file.		Reviewer Comment (2017-08-04): Loan is new construction. Lender used current tax base on the CD but used estimated improved property taxes for qualifying.	08/04/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202203550	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/240971)
202203550	Property	Property - Appraisal	General Appraisal Requirements	Valuation Exception:
202203551	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202203551	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
202203551	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
202203551	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202203555	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202203555	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202203555	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Contact Information - Broker	TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the required Broker Contact Information (Broker Name, Broker NMLS ID, Contact Name, Contact NMLS ID). (Final/[MM/DD/YYYY])
202203555	Compliance	Compliance	Federal Compliance	TRID Alternate Table Usage	TILA-RESPA Integrated Disclosure - Costs at Closing/ Calculating Cash to Close: Alternate tables not used consistently throughout the transaction.
202203555	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 06/14/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/06/14/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
CD reflects escrow amount of $xx but actual escrow payment amount is $xx per the tax cert and Insurance Dec page in file.		Reviewer Comment (2017-08-04): Loan is new construction. Lender used current tax base on the CD but used estimated improved property taxes for qualifying.	08/04/2017
The photos on the appraisal are black and white. The appraisal must contain color photos.		Reviewer Comment (2017-08-04): A copy of the appraisal with color photos has been provided.	08/04/2017
Hazard insurance coverage provided is $xx which is insufficient to cover the new loan amount of $xx by xx.		Reviewer Comment (2017-08-07): Seller provided a copy of the updated homeowner’s declaration page verifying sufficient coverage.	08/07/2017
Current lease agreements have not been provided for rental properties as required per lender guidelines.		Reviewer Comment (2017-08-08): Seller provided a copy of the lease agreement for the investment property. The lease agreement confirmed the term of month to month after expiration of the original agreement.	08/08/2017
Current lease agreements have not been provided for rental properties as required per lender guidelines.		Reviewer Comment (2017-08-08): Seller provided a copy of the lease agreement for the investment property. The lease agreement confirmed the term of month to month after expiration of the original agreement.	08/08/2017
Current lease agreements have not been provided for rental properties as required per lender guidelines.		Reviewer Comment (2017-08-08): Seller provided a copy of the lease agreement for the investment property. The lease agreement confirmed the term of month to month after expiration of the original agreement.	08/08/2017
HOA contact information was not provided.		Reviewer Comment (2017-08-28): HOA information was provided as required. Reviewer Comment (2017-08-17): Seller provided HOA information, however the Contact name and email address were not provided.	08/28/2017
		Reviewer Comment (2017-08-10): Seller provided evidence of E-consent.	08/10/2017
		Reviewer Comment (2017-08-10): seller provided a corrected CD and lox to the borrower.		08/10/2017
		Reviewer Comment (2017-08-10): Th initial and Final docs are consistent which is acceptable.	08/10/2017
Seller provided evidence of E-consent on 6/16, however the LE provided to the borrower electronically was dated 6/14. Provide evidence of earlier consent to e-docs.		Reviewer Comment (2017-08-17): Seller provided evidence of prior E-consent.	08/17/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202203556	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
202203556	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202203556	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
202203556	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202203556	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202203556	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202203556	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
202218993	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Demand Feature	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan contains a Demand Feature. (Final/[MM/DD/YYYY])
202218993	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202218993	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202225464	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Evidence of designation at Origination is not provided and therefore can’t be verified.		Reviewer Comment (2017-08-03): Mavent Compliance Report has been provided verifying loan designation.	08/03/2017
		Reviewer Comment (2017-08-03): Wiring instructions have been provided.	08/03/2017
List of Homeowners organizations provided to the borrower does not list 10 agencies.		Reviewer Comment (2017-08-03): List with 10 agencies has been provided.	08/03/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-08-07): Seller provided a post-close CD and a copy of the letter of explanation sent to the borrower correcting the closing date. Reviewer Comment (2017-08-04): The same PCCD was provided and is still missing the required LOX to the borrower. Reviewer Comment (2017-08-03): A post close CD with the correct closing date has been provided, but the required letter of explanation and evidence of delivery to the borrower is missing from the file. Exception remains.		08/07/2017
		Reviewer Comment (2017-08-03): Evidence Toolkit was provided to the borrower has been provided.	08/03/2017
Seller’s CD reflects total seller paid fees of $xx and Consumer’s CD reflects seller paid fees of $xx		Reviewer Comment (2017-08-07): Seller provided a post-close CD, a copy of the letter of explanation sent to the borrower, and a copy of the final settlement statement confirming the seller paid fees disclosed match. Reviewer Comment (2017-08-04): The Same PCCD was provided. Again, no Letter to the borrower, no Settlement statement and the figures do not match. Exception Remains. Reviewer Comment (2017-08-03): A post close CD with the seller paid closing costs has been provided, but the amount of seller paid and borrower paid costs and cash to close have changed. Seller paid costs do not match what is shown on the seller’s CD. If this CD represents how the loan closed, provide the final settlement statement to verify. Also, the required letter of explanation and evidence of delivery to the borrower is missing from the file. Exception remains.		08/07/2017
Provide the Hazard Insurance for the subject property. The docs in file reflect an effective date of [MM/DD/YYYY] which is after the loan closed.		Reviewer Comment (2017-08-03): Per the post close CD provided, the loan closed and disbursed on the effective date of the insurance. Reviewer Comment (2017-08-03): .	08/03/2017
		Reviewer Comment (2017-08-07): Seller provided a PCCD and LOX to the borrower correcting the demand feature.		08/07/2017
		Reviewer Comment (2017-08-09): See new Exception for Waiver Request. Reviewer Comment (2017-08-07): Seller provided a PCCD, however the Seller paid fee’s do not match the Seller CD in file. Seller CD reflects xx in fee’s while the borrower CD reflects seller fees of $xx. Additionally, the Borrower closing costs and Cash to close figures have changed since the final CD. Provide the Final Settlement statement verifying the Borrower Paid closing costs.	08/09/2017
Seller is requesting a waiver for the TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD exception.		Reviewer Comment (2017-08-10): Client elects to waive the non-material exception.			08/10/2017
		Reviewer Comment (2017-08-07): Seller provided the wire instructions.	08/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202225464	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202225464	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202225464	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202225464	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $73.04 exceeds tolerance of $31.00. Insufficient or no cure was provided to the borrower. (7520)
202225464	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $9,233.75 exceeds tolerance of $3,217.00. Insufficient or no cure was provided to the borrower. (8304)
202226614	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202226614	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/07/27/2017)
202226614	Compliance	Compliance	Federal Compliance	TRID Closing Disclosure Issue Date Not Provided	TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on 07/27/2017 did not disclose the actual Date Issued. Compliance testing may be unreliable using an estimated Date Issued based on best information available. (Interim/07/27/2017)
202226614	Compliance	Compliance	Federal Compliance	TRID Interim Closing Disclosure Timing	TILA-RESPA Integrated Disclosure - Interim Closing Disclosure containing a change in APR, loan product or addition of prepayment penalty was not received by borrower at least three (3) business days prior to consummation.
202226614	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-4,430.37 is less than amount of binding Lender Credit previously disclosed in the amount of $-4,736.97. (9300)
202226614	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 05/23/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/05/23/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
all HOA information missing		Reviewer Comment (2017-08-11): Seller provided the HOA information as required. Reviewer Comment (2017-08-09): Seller provided a processor cert with the HOA information, however it is still missing the Email address of the Contact at the HOA. Exception remains.	08/11/2017
		Reviewer Comment (2017-08-03): Cured at closing		08/03/2017
Seller CD reflects $xx in closing costs and buyer CD only reflects $xx.		Reviewer Comment (2017-08-21): Client elects to waive the non-material exception. Reviewer Comment (2017-08-09): Seller provided a PCCD which reflects seller paid fee’s of 33,502. The seller CD in file reflects seller paid fee’s of 40,022. Consumer CD still does not match the seller CD. Exception remains pending verification of Seller paid fee’s. Reviewer Comment (2017-08-07): Seller provided a PCCD and LOX to the borrower adding the seller paid fee’s, however the Seller paid fee’s only reflect 33,322, which does not match the seller CD in file reflecting 40,022. Exception remains.			08/21/2017
		Reviewer Comment (2017-08-02): Lender gave borrower $248.79 credit at closing.		08/02/2017
		Reviewer Comment (2017-08-02): $5810 was paid by the seller and the lender gave a credit of $248.79 to the borrower at close for the remaining difference.		08/02/2017
Secondary valuation has not been provided. Loan locked prior to 6/2/17.		Reviewer Comment (2017-08-03): Secondary Valuation ordered and received.	08/03/2017
The file contained documentation verifying the borrower received a copy of the appraisal on 6/8/17, which was prior to the revised appraisal report date of [MM/DD/YYYY]. Provide documentation verifying the borrower received a copy of the appraisal with the report date of [MM/DD/YYYY].		Reviewer Comment (2017-08-28): Seller provided the borrower Acknowledgement of receipt of the appraisals as required prior to close.	08/28/2017
The interim CD does not disclose an issue date.		Reviewer Comment (2017-08-16): Seller provided verification that the CD in question was not provided to the borrower and was for the seller only. Reviewer Comment (2017-08-10): Seller provided the CD that was already in file. This did not provide verification of the issue date of the CD in file that doesn’t have an issue date on it. Provide evidence that the CD in file that has a blank issue date was not provided to the borrower, or evidence of issuance to the borrower. Exception remains.	08/16/2017
Evidence of earlier borrower receipt has not been provided.		Reviewer Comment (2017-08-16): Seller provided verification that the CD in question was not provided to the borrower and was for the seller only. Reviewer Comment (2017-08-10): Seller provided the CD that was already in file. This did not provide verification of the issue date of the CD in file that doesn’t have an issue date on it. Provide evidence that the CD in file that has a blank issue date was not provided to the borrower, or evidence of issuance to the borrower. Exception remains.	08/16/2017
The lender credit was disclosed on the LE as (4,737.00). The final lender credit issued at closing was $4,441.37 which includes an 11.00 credit to cure the under disclosure.		Reviewer Comment (2017-08-15): Seller provided a PCCD, LOX to the borrower and proof of delivery as well as the refund check for the lender credit difference.		08/15/2017
Evidence of earlier Esign consent has not been provided.		Reviewer Comment (2017-08-10): Seller provided evidence of E-consent.	08/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202226614	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202226615	Property	Appraisal	Appraisal Documentation	Missing required field review due to Review Scope Score < 451 with no field review to support value.
202226615	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
202226615	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202226615	Compliance	Compliance	Federal Compliance	TRID Lender Credit Tolerance Violation	TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00 is less than amount of binding Lender Credit previously disclosed in the amount of $-5.00. (9300)
202226615	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202226616	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY], Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202226616	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202226616	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $45.56 exceeds tolerance of $42.00. Insufficient or no cure was provided to the borrower. (7520)
202226616	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $5,888.00 exceeds tolerance of $5,878.00. Insufficient or no cure was provided to the borrower. (8304)
202226617	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Additional seller paid fees have been captured from the Sellers CD.		Reviewer Comment (2017-08-15): Seller Provided a PCCD and Lox To the borrower including the seller paid fee’s.		08/15/2017
		Reviewer Comment (2017-08-10): Seller provided a CDA desk review supporting the appraisal value which is acceptable per guidelines.	08/10/2017
		Reviewer Comment (2017-08-17): Removed the Schedule E income from the calculation which removes the requirement for the lease agreement. Reviewer Comment (2017-08-10): Seller provided a rebuttal stating that the full PITI was used in the calculation of the DTI. However, in adding in the full PITI of the investment property, the DTI exceeds 43% and the loan does not meed QM requirements. Schedule E calculation is required, therefore the lease agreement and the tax returns are required.	08/17/2017
		Reviewer Comment (2017-08-17): Removed the Schedule E income from the calculation which removes the requirement for the lease agreement. Reviewer Comment (2017-08-10): Seller provided a rebuttal stating that the full PITI was used in the calculation of the DTI. However, in adding in the full PITI of the investment property, the DTI exceeds 43% and the loan does not meed QM requirements. Schedule E calculation is required, therefore the lease agreement and the tax returns are required.	08/17/2017
		Reviewer Comment (2017-08-10): Seller Provided a PCCD and LOX to the borrower as well as evidence of the Credit to the borrower for 5.00		08/10/2017
		Reviewer Comment (2017-08-17): Client elects to waive the non-material exception.			08/17/2017
HOA contact information was not provided.		Reviewer Comment (2017-08-16): seller provided the required HOA information. Reviewer Comment (2017-08-09): Seller provided the contact name and phone number/email address, however the file is still missing the physical address of the HOA . Exception remains.	08/16/2017
No Seller paid fees were listed on the Consumers CD.		Reviewer Comment (2017-08-07): Seller provided a PCCD and Lox to the borrower adding the seller paid fee’s		08/07/2017
		Reviewer Comment (2017-08-02): Cure of $xx was provided on the final CD to cure $10 Transfer Tax Fee and $3.56 Credit Report Fee.		08/02/2017
		Reviewer Comment (2017-08-02): Cure of $xx was provided on the final CD to cure $10 Transfer Tax Fee and $3.56 Credit Report Fee.		08/02/2017
		Reviewer Comment (2017-08-04): Seller provided the Wire instructions.	08/04/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202226617	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202226617	Credit	Loan Package Documentation	Application / Processing	Missing Document: Purchase Agreement / Sales Contract not provided
202226617	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
202226618	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202226618	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202226618	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
202226618	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202226618	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202226618	Credit	Credit	Misc	Credit Exception:
202226619	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202226619	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller CD reflects seller paid fees of $xx, however the consumer CD reflects $xx. Provide a PCCD and LOX reflecting accurate seller paid fees.		Reviewer Comment (2017-08-07): Seller provided a PCCD and LOX to the borrower reflecting accurate seller paid fee’s.		08/07/2017
Missing purchase agreement addendum showing closing date was extended beyond 7/18/17.		Reviewer Comment (2017-08-07): Seller provided an addendum to the contract reflecting the closing date. Reviewer Comment (2017-08-04): Seller provided a Purchase contract, however an addendum extending the closing date was nor provided. Exception remains.	08/07/2017
Hazard insurance Dec Page is not provided.		Reviewer Comment (2017-08-04): Seller provided the Hazard Policy.	08/04/2017
Missing pages 1-9 and 12-16 of Fraud report. Please provide all pages of Fraud report.		Reviewer Comment (2017-08-07): Seller provided the Complete Fraud report as required.	08/07/2017
HOA contact email address is all that is missing.		Reviewer Comment (2017-08-07): Seller provided the completed HOA information.	08/07/2017
Negative fee of -$1,338 was reflected on section H of Seller’s CD.		Reviewer Comment (2017-08-08): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower removing the negative fee.		08/08/2017
No Seller paid fees were listed on the Consumer’s CD.		Reviewer Comment (2017-08-11): Seller provided a PCCD correcting the seller paid fees Reviewer Comment (2017-08-08): Seller provided a PCCD, however the CD has the seller real estate commission moved to section C. The regs require that the Real Estate commissions be reflected in Section H.		08/11/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-08-07): Seller provided the Wire instructions.	08/07/2017
Purchase agreement does not reflect a closing date and loan closed on [MM/DD/YYYY]. Provide a copy of the updated purchase agreement addendum reflecting the closing date.		Reviewer Comment (2017-08-04): Loan is a New Build Construction loan where a Closing Date is not provided on the contract which is acceptable Per AIG.	08/04/2017
seller CD reflects $xx, buyer CD did not reflect any seller fees		Reviewer Comment (2017-08-17): Seller provided a PCCD, LOX to the borrower and the matching final Settlement statement verifying the seller paid fee’s Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX dated 8/11, however the Closing costs and Cash to close figures are still changed from the Final CD at closing that Final Settlement statement has not been provided. Exception Remains. Reviewer Comment (2017-08-11): Seller provided the LOX to the borrower, however the second half of the request remains open. “Please also provide the FSS matching the closing costs and Cash to close figures on the PCCD Exception remains.” Reviewer Comment (2017-08-07): Seller provided the LOX to the borrower, however the second half of the request remains open. “Please also provide the FSS matching the closing costs and Cash to close figures on the PCCD Exception remains.”		08/17/2017
		Reviewer Comment (2017-08-07): seller provided the wire instructions.	08/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202226622	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202226622	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
202226822	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202226822	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202228073	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202228073	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202228073	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202228073	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75104)
202228073	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
202228073	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202228073	Credit	Guideline	Guideline Issue	The Fraud Report did not include all interested parties to the subject transaction.

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-08): Evidence of E-consent was provided.	08/08/2017
Hazard Dec page was not provided.		Reviewer Comment (2017-08-08): Seller provided the proof of insurance.	08/08/2017
		Reviewer Comment (2017-08-09): Seller provided the Wire instructions.	08/09/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $39,885.00, while closing CD seller’s fees total $0.00.		Reviewer Comment (2017-08-17): Seller provided a PCCD and LOX to the borrower with the seller paid fee’s		08/17/2017
		Reviewer Comment (2017-08-09): Seller provided the wire instructions.	08/09/2017
Missing required information for the HOA. Please provide HOA address, contact name, number and Email address as required per guidelines.		Reviewer Comment (2017-08-10): Seller provided the HOA information as required.	08/10/2017
Cure for Appraisal Review Fee of $150 was not provided.		Reviewer Comment (2017-08-10): Seller provided the CIC for the increase in appraisal fee.	08/10/2017
Appraisal review Fee was not disclosed on Loan Estimate but charged to the borrower with no Valid COC.		Reviewer Comment (2017-08-10): Seller provided the CIC .	08/10/2017
Negative fee reflected on section H of Seller’s CD		Reviewer Comment (2017-08-10): The negative fee was reflected on the seller CD as a commission credit to the seller which is acceptable.	08/10/2017
No Seller paid fees were listed on the Consumer’s CD.		Reviewer Comment (2017-08-16): Seller provided a PCCD and Lox to the borrower with the seller paid fee’s Reviewer Comment (2017-08-10): Seller provided a rebuttal for the required Seller paid fee’s, however Reg z requires that the consumer CD accurately reflect all fee’s associated with the transaction regardless of who paid the fee. Provide a PCCD and LOX to the borrower reflecting seller paid fee’s. Exception remains.		08/16/2017
Missing appraiser, listing agent and seller agent in search.		Reviewer Comment (2017-08-10): Seller provided the Fraud report with all parties included as required.	08/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202228074	Compliance	Loan Package Documentation	Application / Processing	Missing Document: Missing Lender’s Initial 1003
202228074	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202228074	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202228074	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 04/15/2017. ([REDACTED]/Schedule C)
202228074	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202228074	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/243312)
202228074	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/243312)
202228074	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202228074	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[MM/DD/YYYY])
202228074	Credit	Loan Package Documentation	Application / Processing	Missing Document: Other not provided
202228074	Credit	Loan Package Documentation	Application / Processing	Missing Document: Verification of Identification not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The initial 1003 has not been provided.		Reviewer Comment (2017-08-09): Seller provided the initial 1003.	08/09/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-08-09): Seller provided the Wire instructions.	08/09/2017
MIssing HOA street address, and tax ID.		Reviewer Comment (2017-08-09): Seller provided required information for the HOA.	08/09/2017
		Reviewer Comment (2017-08-15): Client elects to waive the non-material exception. Reviewer Comment (2017-08-09): Seller provided an LOX for the Extension. This exception is for informational purposes and requires a waiver from AIG as it can’t be cured.			08/15/2017
E-sign disclosure has not been provided.		Reviewer Comment (2017-08-09): Seller provided evidence of Econsent that was signed.	08/09/2017
The hazard insurance disclosed on the final CD is 282.08, however, the hazard premium indicated on the dec page is $2,877 annually / 239.75 per month.		Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX to the borrower correcting the Hazard insurance monthly payment.		08/15/2017
The hazard insurance disclosed on the final CD is 282.08, however, the hazard premium indicated on the dec page is $2,877 annually / 239.75 per month.		Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX to the borrower correcting the Hazard insurance monthly payment.		08/15/2017
Evidence of receipt of the home loan toolkit has not been provided.		Reviewer Comment (2017-08-09): Evidence of a timely delivery was provided.	08/09/2017
Early CD has not been provided. Only CD in file has an issue date of [MM/DD/YYYY] signed by the borrower on [MM/DD/YYYY].		Reviewer Comment (2017-08-15): Evidence of timely delivery was provided. Reviewer Comment (2017-08-09): Seller provided proof of delivery of the Early CD, however the CD provided to the borrower is not in file.	08/15/2017
Borrowers 2015 income tax return reflects a balance owing of $235,507.00, transcripts do not indicate a remittance with filing. Evidence income tax liability has been satisfied has not been provided.		Reviewer Comment (2017-08-21): The amount due was from the 2015 tax returns. There is no indication in the file indicating a tax lien and/or IRS payment plan.	08/21/2017
Verification of borrower identification has not been provided as required per lender guidelines.		Reviewer Comment (2017-08-09): Seller provided the Patriot Act Disclosure with Verification of identification as required.	08/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202228074	Credit	Loan Package Documentation	Application / Processing	Missing Document: Purchase Agreement / Sales Contract not provided
202228074	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202228074	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202228074	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee. Fee Amount of $325.00 exceeds tolerance of $225.00. Insufficient or no cure was provided to the borrower. (7522)
202228074	Compliance	Compliance	Federal Compliance	TRID Loan Estimate Esign Consent Agreement Timing	ESIGN Act - Loan Estimate provided on 06/24/2017 was electronically provided prior to borrower’s consent to receive electronic disclosures. (Initial/06/24/2017)
202228074	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
202228075	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202228075	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] ___
202228075	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202228075	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202228075	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Missing addendum for extension of closing date past 7/20/17 as subject closed [MM/DD/YYYY].		Reviewer Comment (2017-08-15): Addendum not required as loan closed on Subject property. Seller CD provided as verification.	08/15/2017
		Reviewer Comment (2017-08-21): The portion of the doc prep fee that was seller paid is customarily paid by Seller. The borrower paid portion was properly disclosed and there is no tolerance violation.	08/21/2017
		Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX to the borrower correcting the Seller paid fees		08/15/2017
		Reviewer Comment (2017-08-03): Borrower only had fee for $225. The other $100 was paid by the seller.		08/03/2017
Seller provided evidence of Econsent that was signed on 7/17.17. Please provide evidence of earlier consent as the LE sent to the borrower on 6/24 is electronically signed.		Reviewer Comment (2017-08-15): Seller provided evidence of earlier e-consent.	08/15/2017
The file was missing the 2015/2014 IRS transcripts for the 1040’s. The file contained transcripts for the W2’s		Reviewer Comment (2017-08-21): Seller provided a copy of the IRS transcripts.	08/21/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-08-08): Seller provided a copy of the wiring instructions	08/08/2017
Missing VOE for borrower’s prior employment covering the last 24 months to verify start and stop dates to ensure there were no gaps greater than 30 days.		Reviewer Comment (2017-08-09): Seller provided a VOE verifying the 24 months of employment with no gaps.	08/09/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-08-09): Seller provided a PCCD and LOX to the borrower correcting the Closing date.		08/09/2017
		Reviewer Comment (2017-08-08): Seller provided proof of the borrower’s receipt of the disclosure.	08/08/2017
Seller’s CD contained Title - Settlement Fee of $xx, Title - Notary Fee of $xx, Real Estate Commissions of xx and Natural Hazard Disclosure Fee of $xx not listed on the Consumer’s CD. A corrected post close CD, letter of explanation, and evidence of delivery to the borrowers is required.		Reviewer Comment (2017-08-09): Seller provided the Corrected CD and Lox to the borrower		08/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202228075	Compliance	Compliance	Miscellaneous Compliance	Other Compliance Exception (Manual Add)
202228075	Credit	Credit	Miscellaneous	Miscellaneous Credit (Non-Material):
202228077	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 04/15/2017. ([REDACTED]/Schedule C)
202228077	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202228077	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Change - Closing Costs Financed	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Closing Costs Financed. (Final/[MM/DD/YYYY])
202228077	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Change - Down Payment	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Down Payment/Funds from Borrower. (Final/[MM/DD/YYYY])
202228077	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Change - Funds For Borrower	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Funds for Borrower. (Final/[MM/DD/YYYY])
202228077	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/07/25/2017)
202228077	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $3,092.64 exceeds tolerance of $3,091.00. Insufficient or no cure was provided to the borrower. (8304)
202228077	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202228077	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Dec Page not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller provided a PCCD and LOX to the borrower, however the Cash to Close and Closing costs section have changed since the final CD at closing. Please provide the Final Settlement Statement to verify the changes to the borrower cost, lender credits and Cash to close Requirements.		Reviewer Comment (2017-08-10): Seller provided the Final SS verifying the figures on the PCCD sent to the borrower.	08/10/2017
Fraud report does not contain the required OFAC check of all participants. Please provide an updated fraud report that meets the Guideline requirements by including EPLS, LDP and OFAC checks.		Reviewer Comment (2017-08-22): Seller provided a fraud report with all interested parties and lists checked. Reviewer Comment (2017-08-17): Seller provided the GSA and LDP results, however per the guidelines “LDP, OFAC, Freddie Mac Exclusionary List and GSA are all to be checked for all parties to the transaction” Exception remains.	08/22/2017
		Reviewer Comment (2017-08-07): Client has elected to waive this condition			08/07/2017
		Reviewer Comment (2017-08-03): Cure of $xx was provided on the final CD to cure Transfer Tax Fee.		08/03/2017
Closing Disclosure reflects $xx for both the Loan Estimate and the Closing Disclosure, however Did this Change is answered Yes.		Reviewer Comment (2017-08-09): Seller provided a PCCD and LOX to the borrower.		08/09/2017
Closing Disclosure reflects $xx for both the Loan Estimate and the Closing Disclosure, however Did this Change is answered Yes.		Reviewer Comment (2017-08-09): Seller provided a PCCD and LOX to the borrower		08/09/2017
Closing Disclosure reflects $xx for both the Loan Estimate and the Closing Disclosure, however Did this Change is answered Yes.		Reviewer Comment (2017-08-09): Seller provided a PCCD and LOX to the borrower		08/09/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-08-07): Seller provided proof the borrowers receipt of the initial CD	08/07/2017
		Reviewer Comment (2017-08-03): Cure of xx was provided on the final CD.		08/03/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-08-07): Seller provided a copy of the wiring instructions	08/07/2017
Insurance in file is a binder. Provide hazard or dec page to support insurance coverage.		Reviewer Comment (2017-08-07): Seller provided a copy of the homeowners insurance declarations page.	08/07/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202228077	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202228077	Credit	Borrower and Mortgage Eligibility	Borrower Eligibility	1003 Error: Citizenship was not provided
202228077	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED] ___
202228077	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $4,453.50 exceeds tolerance of $4,453.00. Sufficient or excess cure was provided to the borrower at Closing. (7200)
202228077	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $3,092.64 exceeds tolerance of $3,091.00. Sufficient or excess cure was provided to the borrower at Closing. (8304)
202231141	Property	Property - Appraisal	General Appraisal Requirements	HOA Information must be Yes on a Condo or PUD.
202231141	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202231141	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202231141	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Lender Contact Information - Wholesale Loans	TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the required Lender Contact Information (Lender Name, Lender NMLS ID, Contact Name). (Final/[MM/DD/YYYY])
202231141	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202231141	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/07/19/2017)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller’s CD contained Title - Settlement Fee of $275, Title - Service Charges of $1,000, Title - Examination Fee of $250, and Title - Wire Fee of $70 not listed on the Consumer’s CD. A corrected post close CD, letter of explanation, and evidence of delivery to the borrowers is required.		Reviewer Comment (2017-08-09): Seller provided a PCCD and LOX to the borrower		08/09/2017
Section VIII of final 1003 disclosed borrowers are both not US Citizens and not permanent resident aliens. Need updated final 1003 disclosing citizenship.		Reviewer Comment (2017-08-15): Seller provided the corrected 1003 signed by the borrowers.	08/15/2017
Missing VOE for co-borrower’s prior employment covering the last 24 months to verify start and stop dates to ensure there were no gaps greater than 30 days.		Reviewer Comment (2017-08-15): Seller provided a VVOE as required verifying no gaps in employment.	08/15/2017
				08/04/2017
				08/04/2017
Subject property is a PUD. Appraisal incorrectly indicates single family detached, and does not reflect HOA dues. HOA information obtained from HOA Cert on file and entered during review. Appraisal to be corrected. Evidence of delivery of the updated appraisal to the borrowers to be provided.		Reviewer Comment (2017-08-15): Seller provided the updated appraisal correctly reflecting the property as a PUD Reviewer Comment (2017-08-10): Seller provided evidence of the delivery of the original appraisal. However - the appraisal is wrong and needs updated. The property is a PUD, and the appraisal reflects that it’s a Single Family Detached. Appraisal is to be corrected to reflect subject property is in a PUD and accurately reflect the HOA dues. Exception remains.	08/15/2017
Lender’s wire instructions were not provided.		Reviewer Comment (2017-08-07): Seller provided a copy of the wiring instructions	08/07/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY].		Reviewer Comment (2017-08-15): Seller provided the PCCD and LOX to the borrower correcting the Closing date.		08/15/2017
Missing Lender contact name		Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX to the borrower adding the Lender contact information as required		08/15/2017
Cure for Loan Discount Points fee of $404.03 was not provided		Reviewer Comment (2017-08-22): Seller provided a PCCD and LOX, Cure check and proof of delivery. Reviewer Comment (2017-08-17): Seller provided a change of circumstance disclosure stating the loan discount points increased due to a change in the loan amount and purchase price. However, the file is missing a copy of the valid change of circumstance disclosure for the second CD. Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX to the borrower, however the Cure for the increase in discount points was not provided. Exception remains pending cure for the increase or a Valid COC for the increase.		08/22/2017
Evidence of earlier borrower receipt was not found in file.		Reviewer Comment (2017-08-08): Seller provided proof of the borrower’s receipt of the initial CD.	08/08/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202231141	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202231141	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $6,887.03 exceeds tolerance of $6,483.00. Insufficient or no cure was provided to the borrower. (7200)
202231141	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met
202231324	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202231324	Credit	Guideline	Guideline Issue	The Fraud Report did not include all interested parties to the subject transaction.	Credit Report: Original // Borrower: [REDACTED], Credit Report: Original // Borrower: [REDACTED]
202231324	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for homeowner’s insurance under Prepaids. (Final/[MM/DD/YYYY])
202231325	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202231325	Credit	Credit	Misc	Credit Exception:
202231326	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Negative Fees	TRID-RESPA Integrated Disclosure - Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a negative fee amount. (Final/[MM/DD/YYYY])
202231326	Credit	Guideline	Guideline Issue	The Fraud Report did not include all interested parties to the subject transaction.	Credit Report: Original // Borrower: [REDACTED]
202231326	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	AUS Findings: All conditions were not met

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Seller CD reflects seller paid fees of $xx and Consumer’s CD reflects seller paid fees of $xx		Reviewer Comment (2017-08-15): Seller provided a PCCD And Lox to the borrower with the Seller paid fee’s which matches the Seller CD.		08/15/2017
Fee disclosed as $6,483 on LE dated 7/14/2017, but disclosed as $6,887.03 on Final Closing Disclosure. CIC in file dated 7/19 indicates that there is a change in Purchase price, and a change in Loan amount. However the loan amount was disclosed as xx on the Prior docs so while the Purchase price increased by $20, the loan amount remained constant.		Reviewer Comment (2017-08-22): Seller provided a PCCD and LOX, Cure check and proof of delivery. Reviewer Comment (2017-08-17): Seller provided a change of circumstance disclosure stating the loan discount points increased due to a change in the loan amount and purchase price. However, the file is missing a copy of the valid change of circumstance disclosure for the second CD. Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX to the borrower, however the Cure for the increase in discount points was not provided. Exception remains pending cure for the increase or a Valid COC for the increase.		08/22/2017
Provide a revised AUS findings to match the final terms: subject is a PUD. AUS reflects it is detached. It has been verified subject is a PUD with deed, PUD rider, HOA certification		Reviewer Comment (2017-08-09): Seller provided an updated DU reflecting the subject property as a PUD.	08/09/2017
Wiring instructions required for funding have not been provided.		Reviewer Comment (2017-08-08): Seller provided a copy of the wiring instructions	08/08/2017
The fraud report addressed the appraisal company but not the appraiser. Provide a fraud report that includes this party to the transaction.		Reviewer Comment (2017-08-08): Seller provided a fraud report with all interested parties.	08/08/2017
The number of months of prepaid homeowner’s insurance is not indicated in Section F of the final CD. Provide corrected post close CD , letter of explanation to the borrower and evidence of delivery.		Reviewer Comment (2017-08-09): seller provided a PCCD and LOX to the borrower.		08/09/2017
Consumer’s CD reflects seller paid fees of $xx. Seller’s CD reflects seller paid fees of $xx		Reviewer Comment (2017-08-08): Seller paid fees disclosed on the borrower’s CD matched the seller paid fees on the seller’s CD.	08/08/2017
Clarification needed on borrower’s start date of employment. Written VOE in file reflects employment start date is 6/9/2016 (less than 2 years), but final 1003 reflects borrower has been with employer for 18 years.		Reviewer Comment (2017-08-08): Seller provided documentation verifying the borrower’s employment history.	08/08/2017
Seller paid title fees are disclosed as negative charges on the final CD.		Reviewer Comment (2017-08-09): Seller provided evidence that the negative charges are for the issuance of a simultaneous issue of the lender and owners policy and the file contained proof of the cost of each before the credit.	08/09/2017
Participant search does not include settlement agent, escrow officer.		Reviewer Comment (2017-08-09): Fraud report reflects all parties as required.	08/09/2017
Removed B2 secondary income, earnings reported on WVOE are not supported by W2s or the income reported on 2015/2016 transcripts, no paystubs have been provided. DTI exceeds 3% tolerance, however, meets lender guidelines. Provide a revised AUS findings to match the final terms.		Reviewer Comment (2017-08-09): Seller provided updated docs removing the secondary income.	08/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	C	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202231326	Credit	Borrower and Mortgage Eligibility	Mortgage / Program Eligibility	AUS Findings: Investor qualifying total debt ratio discrepancy.	Calculated investor qualifying total debt ratio of ___ exceeds AUS total debt ratio of ___.
202231326	Credit	Assets	Asset Calculation / Analysis	Cash available for Closing is insufficient to cover Cash From Borrower.
202231326	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.
202231326	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202231328	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202231328	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller Change - Down Payment	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether there was a change in the Down Payment/Funds from Borrower. (Final/[MM/DD/YYYY])
202231328	Compliance	Compliance	Federal Compliance	Sole Proprietorship Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). ([REDACTED] [REDACTED]/Schedule C)
202231328	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202231328	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Will Not Have Escrow - Reason	TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [MM/DD/YYYY] incorrectly disclosed whether the loan will have an escrow account. (Final/[MM/DD/YYYY])
202231328	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202231328	Credit	Credit	Miscellaneous	Miscellaneous Credit (Non-Material):

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Removed B2 secondary income, earnings reported on WVOE are not supported by W2s or the income reported on 2015/2016 transcripts, no paystubs have been provided. DTI exceeds 3% tolerance, however, meets lender guidelines. Provide a revised AUS findings to match the final terms.		Reviewer Comment (2017-08-09): Seller provided a revised AU matching the loan terms.	08/09/2017
Borrowers are short cash to close and reserves. Lender included 50% of retirement account as a liquid asset, account is not liquid, evidence of withdrawal has not been provided.		Reviewer Comment (2017-08-09): Seller provided evidence of proof of funds to close.	08/09/2017
Borrowers are short cash to close and reserves. Lender included 50% of retirement account as a liquid asset, account is not liquid, evidence of withdrawal has not been provided.		Reviewer Comment (2017-08-09): Seller provided evidence of proof of funds to close.	08/09/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx.		Reviewer Comment (2017-08-09): Seller CD was provided reflecting xx in Seller paid fee’s which matched the consumer CD.	08/09/2017
		Reviewer Comment (2017-08-07): The seller provided a copy of the wiring instructions	08/07/2017
		Reviewer Comment (2017-08-08): Seller provided a post-close CD correcting the Down Payment question in the Calculating Cash to Close section.		08/08/2017
Balance Sheet was not provided.		Reviewer Comment (2017-08-09): Seller provided the Balance Sheet.	08/09/2017
Due to missing Balance sheet		Reviewer Comment (2017-08-09): Seller provided the Balance Sheet.	08/09/2017
		Reviewer Comment (2017-08-08): Seller provided a post-close CD correcting the escrow section on page 4.		08/08/2017
		Reviewer Comment (2017-08-08): Seller provided a post-close CD correcting the seller paid fees.		08/08/2017
The seller provided a post-close CD issued 08/07/2017. The borrower’s closing costs decreased on the post-close CD and the borrower needed less cash to close. Provide a copy of the final settlement statement to confirm the loan was disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-08-14): Final Settlement statement was provided confirming figures at closing and on the PCCD.	08/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202239047	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/[MM/DD/YYYY])
202239047	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202239051	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202239051	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202239051	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202239051	Compliance	Compliance	Federal Compliance	TRID Revised Loan Estimate Timing Before Closing	TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on 07/17/2017 not received by borrower at least four (4) business days prior to closing. (Interim/07/17/2017)
202239051	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202239051	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/246503)
202239051	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/246503)
202239584	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 04/15/2017. ([REDACTED]/Schedule K-1 less than 25 Percent)
202239584	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
Evidence of earlier borrower receipt of the initial CD dated 07/20/2017 was not found in file.		Reviewer Comment (2017-08-11): seller provided evidence of timely delivery.	08/11/2017
Final CD reflects a closing date of [MM/DD/YYYY], however the closing occurred on [MM/DD/YYYY]. Provide a PCCD and LOX to the borrower correcting the closing date.		Reviewer Comment (2017-08-17): Seller provided a post-close CD correcting the closing date.		08/17/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-08-15): Seller provided the wire instructions.	08/15/2017
The file is missing proof of the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-08-15): Evidence of e-consent was provided.	08/15/2017
The file was missing a copy of the your home loan toolkit disclosure or proof of the borrowers receipt.		Reviewer Comment (2017-08-15): Seller provided evidence of the toolkit delivery.	08/15/2017
Evidence of the borrowers receipt of the re-disclosed LE dated 07/17/2017 at least 4 business days prior to closing was not been provided. The LE was issued 07/17/2017 but not e-signed until 07/19/2017.		Reviewer Comment (2017-08-15): Evidence of timely delivery was provided.	08/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-15): Client elects to waive the non-material exception.			08/15/2017
The final CD disclosed the homeowner’s insurance premium as $1,597.38 and the amount escrowed was $133.12 per month; however the insurance declarations page in the file disclosed an annual premium of $1,557.38 or $129.78 per month. Provide a post-close CD correcting the insurance premium on page 2, the escrow amounts on pages 1, 2, and 4, a revised first payment letter and initial escrow account disclosure, and a copy of the letter of explanation sent to the borrower disclosing the changes made is required. If the amount on the final CD was correct, than a copy of the HOI declarations page or policy showing $1,597.38 premium is required.		Reviewer Comment (2017-08-15): Seller provided evidence of the insurance premium which is accurately reflected on the final CD.	08/15/2017
The final CD disclosed the homeowner’s insurance premium as $1,597.38 and the amount escrowed was $133.12 per month; however the insurance declarations page in the file disclosed an annual premium of $1,557.38 or $129.78 per month. Provide a post-close CD correcting the insurance premium on page 2, the escrow amounts on pages 1, 2, and 4, a revised first payment letter and initial escrow account disclosure, and a copy of the letter of explanation sent to the borrower disclosing the changes made is required. If the amount on the final CD was correct, than a copy of the HOI declarations page or policy showing $1,597.38 premium is required.		Reviewer Comment (2017-08-15): Seller provided evidence of the insurance premium which is accurately reflected on the final CD.	08/15/2017
Extension filed for 2016 taxes. Extension on File.		Reviewer Comment (2017-08-09): Client has elected to waive the condition			08/09/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-15): Client elects to waive the non-material exception.			08/15/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
1	A	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202239584	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7552)
202239584	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202239584	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Discount Point Percentage	TILA-RESPA Integrated Disclosure - Loan Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed Discount Point percentage that does not match disclosed calculated percentage of loan amount. (Final/[MM/DD/YYYY])
202239964	Property	Property - Appraisal	Appraisal Documentation	Missing secondary valuation product required for securitization.
202239964	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Provided Prior to Date Performed	ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed. Unable to determine compliance with appraisal timing requirements. (Type:Primary/07/21/2017)
202239964	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202239964	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202239965	Credit	Loan Package Documentation	Closing / Title	Missing Document: Security Instrument not provided
202239965	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202239965	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Homeowner’s Insurance Premium Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed homeowner’s insurance under Prepaids that does not match amount per month calculation. (Final/[MM/DD/YYYY])
202239965	Credit	Loan Package Documentation	Closing / Title	Missing Document: Rider - PUD not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
		Reviewer Comment (2017-08-07): Cure of xx was provided on the final CD		08/07/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX to the borrower Correcting the Closing date.		08/15/2017
The final CD disclosed discount points of 0.50% for $5,433.75; however the calculated percentage is 0.75%. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX to the borrower		08/15/2017
No seller action required for loans locked prior to June 2nd, Secondary product ordered		Reviewer Comment (2017-08-17): Secondary valuation was ordered and received.	08/17/2017
Appraisal report was updated on [MM/DD/YYYY] and resigned. File contains evidence valuation was provided on 07/05/2017, prior to latest report date. No evidence valuation was resent to borrower after update.		Reviewer Comment (2017-08-17): Seller provided proof of the borrowers receipt of the appraisal.	08/17/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees. If the seller’s CD discloses a different amount, provided a post-close CD correcting the seller paid fees and a copy of the letter of explanation sent to the borrowers disclosing the changes made.		Reviewer Comment (2017-08-14): Seller CD was provided.	08/14/2017
The file was missing a copy of the required fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, seller, listing and selling agents, the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-08-20): Fraud report was provided. Reviewer Comment (2017-08-17): The seller provided the Credit/Encore Verification form. The file is still missing the required fraud report with all interested parties to the transaction included. Condition remains	08/20/2017
The file is missing a copy of the Deed of Trust with all riders if applicable. Note: the Deed of Trust in the file is not for the subject transaction.		Reviewer Comment (2017-08-11): Seller provided the DOT and all Riders.	08/11/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-08-11): Seller provided the Wire instructions.	08/11/2017
The final CD disclosed 9 months of prepaid homeowner’s insurance in section F for $1,033.00. The amount collected was the remaining balance to pay the premium in full; however the remaining balance is equal to 6.03 months and not 9. Provide a post-close CD correcting the number of months and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-25): Seller provided the Corrected CD and LOX to the borrower Reviewer Comment (2017-08-11): Seller provided a PCCD, however section F still reflects 9 months and not the corrected 6.03 months for the insurance premium. Exception remains.		08/25/2017
The file was missing a copy of the PUD rider. Note: the PUD rider in the file is not for the subject transaction.		Reviewer Comment (2017-08-11): Seller provided the PUD rider.	08/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	C	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202239965	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202239966	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202239966	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202239966	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202239966	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/247048)
202239966	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/247048)
202239966	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202239967	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202239968	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues,loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202239968	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $695.00 exceeds tolerance of $525.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202239968	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing the required HOA information.		Reviewer Comment (2017-08-25): Seller provided the required HOA information.	08/25/2017
The file was missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-08-15): Seller provided the wire instructions.	08/15/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees and the post-close CD dated 08/01/2017 disclosed $xx in seller paid fees. If the seller’s CD does not match the post-close CD, provide an additional post-close CD and a copy of the letter of explanation sent to the borrower disclosing the changes made.		Reviewer Comment (2017-08-21): Seller provided a copy of the seller’s CD. Reviewer Comment (2017-08-15): A post Close CD was Provided, however - the seller CD is not in file and is required. Exception remains.	08/21/2017
The file contained a post-close CD dated 08/01/2017 that disclosed less borrower paid closing costs, less cash to close from the borrower, and additional seller paid closing costs. Provide a copy of the final Settlement statement verifying the loan disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-08-15): Final Settlement statement was provided which matched the PCCD dated 8/1.	08/15/2017
The post-close CD in the file dated 08/01/2017 disclosed $478.06 per month was escrowed for the property taxes. The final CD disclosed $460.98. The file did not contain a copy of the letter of explanation sent to the borrower disclosing the changes made and a copy of the revised initial escrow account disclosure and first payment letter for the new escrow amounts disclosed on the post-close CD.		Reviewer Comment (2017-08-28): Seller provided the PCCD, LOX to the borrower and a revised IEAD and First Payment letter. Reviewer Comment (2017-08-21): The seller provided a post-close CD and proof of delivery to the borrower. However, the file is missing a copy of the revised initial escrow account disclosure, the revised first payment letter, and proof of delivery to the borrower. Condition remains Reviewer Comment (2017-08-15): Seller provided the PCCD that was in the original file, however the LOX to the borrower was not provided and is required. Exception Remains.		08/28/2017
The post-close CD in the file dated 08/01/2017 disclosed $478.06 per month was escrowed for the property taxes. The final CD disclosed $460.98. The file did not contain a copy of the letter of explanation sent to the borrower disclosing the changes made and a copy of the revised initial escrow account disclosure and first payment letter for the new escrow amounts disclosed on the post-close CD.		Reviewer Comment (2017-08-28): Seller provided the PCCD, LOX to the borrower and a revised IEAD and First Payment letter. Reviewer Comment (2017-08-21): The seller provided a post-close CD and proof of delivery to the borrower. However, the file is missing a copy of the revised initial escrow account disclosure, the revised first payment letter, and proof of delivery to the borrower. Condition remains Reviewer Comment (2017-08-15): Seller provided the PCCD that was in the original file, however the LOX to the borrower was not provided and is required. Exception Remains.		08/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including fees paid before closing), borrower’s final CD shows $xx.		Reviewer Comment (2017-08-21): Client has elected to waive the condition			08/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX to the borrower		08/15/2017
Missing all required information for the HOA		Reviewer Comment (2017-08-16): Seller provided the HOA information as required.	08/16/2017
				08/08/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Note: the post-close CD in the file dated 08/02/2017 disclosed seller paid fees of $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-16): Client elects to waive the non-material exception.			08/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
D	B	D	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202239968	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202241811	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202241811	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202241811	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202241840	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/07/19/2017)
202241840	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202241840	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,000.00 exceeds tolerance of $800.00. Insufficient or no cure was provided to the borrower. (7506)
202241840	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202242515	Credit	Credit	AUS Discrepancy / Guidelines Discrepancy	Guideline Requirement: PITIA reserves months discrepancy.
202242515	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202242516	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street,loan_valuation.hoa_address_city, loan_valuation.hoa_address_state,loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The post-close CD in file dated 08/02/2017 reduced the borrower paid fees and cash to close from the borrower. Provide a copy of the final settlement statement to confirm the loan was disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-08-16): Seller provided the Final Settlement statement verifying the figures at disbursement matched the PCCD.	08/16/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-08-15): Seller provided the Wire instructions.	08/15/2017
The file was missing a copy of the seller’s CD. Note: the borrowers final CD disclosed $xx in seller paid closing costs. If the seller’s CD discloses a different amount, provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-15): Client elects to waive.			08/15/2017
The file contained a post-close CD dated 08/01/2017 that reduced the closing costs and the cash from the borrower. Provide a copy of the final settlement statement to confirm the loan was disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-08-15): Seller provided the Final Settlement Statement.	08/15/2017
The file was missing proof of the borrowers receipt of the appraisal.		Reviewer Comment (2017-08-15): Seller provided evidence of the delivery to the borrower.	08/15/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees, matching the settlement statement. If the seller’s CD discloses a different amount, provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-15): Client elects to waive.			08/15/2017
		Reviewer Comment (2017-08-09): The cure was provided on the final CD.		08/09/2017
The insurance documentation in the file verified coverage amount of $xx. The file contained documentation verifying the maximum insurable value of $xx; the coverage amount is insufficient by $100,750.00. Provide proof of additional coverage or if the current policy includes any extended replacement cost coverage.		Reviewer Comment (2017-08-18): Evidence of sufficient coverage was provided. Reviewer Comment (2017-08-15): Seller provided a Processor cert stating coverage was sufficient, however evidence of the Maximum coverage needs to be in the form of a calculator or from the insurance company and not a processor cert. Exception remains.	08/18/2017
The documentation in the file verified $216,767.30 in assets. The final CD disclosed $xx cash to close (including EMD and POC appraisal). The reserves were calculated as $31,495.47 or 7.37 months which is less than the guideline requirement of 9 months. The difference is due to the lender qualified the borrower with the current balance for the 401-k account and not the vested balance as required by the guidelines, the net proceeds verified on the CD for the sale of the departure were less than the amount used to qualify, and the IRA was not used since the statement was dated 12/31/2016 which is > 120 days old at closing. Also, the file contained a copy of the EMD check for $15,000.00; however the file did not contain asset statements supporting the EMD cleared. Provide additional asset documentation to meet the guideline reserve requirement.		Reviewer Comment (2017-08-16): Seller provided proof the EMD was drawn off the HELOC on the departure residence that was sold prior to closing. The EMD was included in the assets/reserves and the guideline reserve requirement was met.	08/16/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-08-16): Seller provided a revised fraud report including all interested parties.	08/16/2017
Missing all required information for the HOA		Reviewer Comment (2017-08-18): Seller provided the required HOA Information	08/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202242516	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202242517	Compliance	Compliance	Federal Compliance	ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File)	ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least three (3) business days prior to closing, and appraisal was not provided at or before closing. (Type:Primary/06/26/2017)
202242518	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202242518	Credit	Credit	Misc	Credit Exception:
202242518	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202242519	Credit	Guideline	Guideline Issue	The Fraud Report did not include all interested parties to the subject transaction.	Credit Report: Original // Borrower: [REDACTED], Credit Report: Original // Borrower: [REDACTED]
202242519	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Missing Signature on Affiliated Business Arrangement Disclosure	RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure.
202242519	Compliance	Compliance	Federal Compliance	RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application	RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application.
202242519	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Escrow Payment	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan. (ProjSeq:1/248474)
202242519	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Estimated Total Minimum Payment Fixed Rate	TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an Estimated Total Monthly Payment for payment stream 1 that does not match the actual total payment for the loan. (ProjSeq:1/248474)
202242519	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Note: post-close CD disclosed $xx in seller paid fees. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-18): Client has elected to waive the condition.			08/18/2017
The file is missing proof of the borrowers receipt of the appraisal.		Reviewer Comment (2017-08-15): Evidence of delivery of the appraisal was provided.	08/15/2017
The file was missing the required HOA information.		Reviewer Comment (2017-08-17): Seller provided the required HOA information Reviewer Comment (2017-08-15): Seller provided some of the HOA information, however a contact name and email address were not provided. Exception remains.	08/17/2017
The Verification of Employment provided did not include commission income for 2015. The file contained correspondence from the employer that the data was not available to verify the 2015 commission, only the base income, due to a system conversion. The lender used the YTD 2017 and 2016 average commissions to qualify (less than 2 years); however verification from the employer that the borrower’s income for 2015 consisted of base income and commissions only to determine an earnings trend.		Reviewer Comment (2017-08-22): Seller provided a revised WVOE disclosing the commission income from 2015. Reviewer Comment (2017-08-15): Seller provided an internal income worksheet reflecting the commission income, however this is not acceptable verification of the 2015 commissions. verification from the employer that the borrower’s income for 2015 consisted of base income and commissions only to determine an earnings trend to allow commission income inclusion in the income calculations. Exception remains.	08/22/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows xx in seller paid closing costs, borrower’s final CD shows $xx (including fees paid prior to closing). Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-15): Client elects to waive the non-material exception.			08/15/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-08-14): Fraud report in file included the appraiser and the appraisal company.	08/14/2017
The Affiliated Business Arrangement Disclosure in file was not executed by the borrowers.		Reviewer Comment (2017-08-14): Seller provided the Signed document.	08/14/2017
The Affiliated Business Arrangement Disclosure in file was dated 09/28/2016, which was not within three business days of the application date of [MM/DD/YYYY].		Reviewer Comment (2017-08-14): Seller provided evidence of timely delivery.	08/14/2017
The estimated escrow amount in the projected payments did not match the escrow amounts. The property taxes in section G were $808.36; however $781.98 was used in the amount on page 1.		Reviewer Comment (2017-08-10): The seller provided a post-close CD correcting the estimated escrow amount in the projected payments section on page 1.		08/10/2017
The estimated escrow amount in the projected payments did not match the escrow amounts. The property taxes in section G were $808.36; however $781.98 was used in the amount on page 1.		Reviewer Comment (2017-08-10): The seller provided a post-close CD correcting the estimated escrow amount in the projected payments section on page 1.		08/10/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-10): Seller provided a post-close CD correcting the seller paid fees.		08/10/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Limited Cash-out GSE
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase	TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	A	A	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	B	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	B	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	B	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	B	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	B	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	B	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202242520	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202242520	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202242520	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (7505)
202242520	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $1,000.00 exceeds tolerance of $800.00. Insufficient or no cure was provided to the borrower. (7506)
202242520	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
202242520	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202242520	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202242521	Credit	Credit	Misc	Credit Exception:
202242521	Compliance	Compliance	Federal Compliance	QM Employment History	Qualified Mortgage (Dodd-Frank 2014): Employment history requirement not met. ([REDACTED]/821903)
202242521	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202242522	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee. Fee Amount of $100.00 exceeds tolerance of $0.00. Sufficient or excess cure was provided to the borrower at Closing. (7552)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing the required HOA information.		Reviewer Comment (2017-08-16): Seller provided the HOA information as required.	08/16/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-15): Seller provided a PCCD and LOX to the borrower correcting the closing date		08/15/2017
Cure provided on the final CD.		Reviewer Comment (2017-08-11): Cure provided on the final CD.		08/11/2017
Cure provided on the final CD.		Reviewer Comment (2017-08-11): Cure provided on the final CD.		08/11/2017
The file is missing a copy of the borrower signed business tax returns for the borrower’s S-Corp, as required by Appendix Q.		Reviewer Comment (2017-08-17): Seller provided signed copies of the 2015/2016 1120S.	08/17/2017
The file is missing a copy of the borrower signed business tax returns for the borrower’s S-Corp, as required by Appendix Q.		Reviewer Comment (2017-08-17): Seller provided signed copies of the 2015/2016 1120S.	08/17/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller CD fees total $xx, while closing CD seller’s fees total $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-15): Client elects to waive the non-material exception.			08/15/2017
Clarification is required regarding the property type. The appraisal reflects the property is an attached single family residence; however the security deed contains a PUD rider. If the subject is an Attached PUD, provided a revised copy of the appraisal and DU approval identifying the subject as an Attached PUD and the required HOA information. If the subject is not a PUD, provide verification from the title company that the Security Deed will be re-recorded without the PUD rider.		Reviewer Comment (2017-08-21): Seller provided documentation from the title company that the subject is not a PUD and verification the Security Deed will be re-recorded without the PUD rider.	08/21/2017
Per the co-borrower’s college transcripts, the graduation date was [MM/DD/YYYY]. The co-borrower’s current employment started 10/17/2016. Provide a letter of explanation from the co-borrower for the gap in employment of greater than 30 days, as required by Appendix Q.		Reviewer Comment (2017-08-21): Seller provided a copy of the letter of explanation from the co-borrower for the gap in employment.	08/21/2017
Per the co-borrower’s college transcripts, the graduation date was 08/05/2016. The co-borrower’s current employment started 10/17/2016. Provide a letter of explanation from the co-borrower for the gap in employment of greater than 30 days, as required by Appendix Q.		Reviewer Comment (2017-08-21): Seller provided a copy of the letter of explanation from the co-borrower for the gap in employment.	08/21/2017
				08/09/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202242522	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202242522	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202242523	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202242523	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $39.00 exceeds tolerance of $36.00. Sufficient or excess cure was provided to the borrower at Closing. (7520)
202242523	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax. Fee Amount of $2,694.00 exceeds tolerance of $2,533.00. Sufficient or excess cure was provided to the borrower at Closing. (8304)
202242523	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 04/15/2017. ([REDACTED]/Schedule K-1 less than 25 Percent)
202242525	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202242525	Credit	Insurance	Insurance Documentation	Insufficient Coverage: Hazard insurance coverage amount is insufficient.
202242525	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202242526	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202242527	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The amount of hazard insurance coverage verified on the documentation in file was $xx. The coverage amount was insufficient to cover the guideline requirement, which is $xx, the total estimate of cost-new per the appraisal. The insurance coverage in file is short $xx. Provide proof of additional coverage or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage or extended replacement cost coverage. Note: the declarations page in file has 120% for the extended limits, however this is unacceptable as it is handwritten.		Reviewer Comment (2017-08-15): Seller provided evidence of adequate coverage.	08/15/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, as required by the guidelines. Note: the seller listed on the Drive Report was The LLC, per title and the final CD the seller is [REDACTED].		Reviewer Comment (2017-08-15): Seller provided updated Fraud report with all parties included.	08/15/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx ($xx dwelling coverage + $xx extended replacement cost coverage). The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx. The appraisal did not provide the total estimate of cost-new and per the FNMA selling guide, coverage must be at least 80% of the appraised value of $xx. The insurance coverage in file is short $xx. Provide proof of additional coverage, an estimated cost to rebuild, or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage.		Reviewer Comment (2017-08-24): Evidence of sufficient coverage was provided.	08/24/2017
Entered as submitted.				08/09/2017
Entered as submitted.				08/09/2017
The file is missing the 2016 personal tax returns and K1’s. Evidence of extension provided in file for 2016. The file contained a copy of the 2014 and 2015 1040’s and K1’s. The condition is informational and a waiver is required.		Reviewer Comment (2017-08-11): Client has elected to waive the condition			08/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-14): See new Exception of seller requested waiver.	08/14/2017
The amount of hazard insurance coverage verified on the documentation in file was $xx. The coverage amount was insufficient to cover the guideline requirement, which is the agency requirement of $xx, the total estimate of cost-new per the appraisal. The insurance coverage in file is short $xx. Provide proof of additional coverage or verification that the current hazard insurance policy has 100% guaranteed replacement cost coverage or extended dwelling coverage. Note: the insurance binder, which is unacceptable per the guidelines, stated there was extended replacement cost coverage up to 200%; however the declarations page did not disclose the extended replacement cost coverage.		Reviewer Comment (2017-08-18): Evidence of sufficient coverage was provided. Reviewer Comment (2017-08-16): Evidence of the maximum insured value was not provided. Seller provided a snipit of the contact information for the insurance company. Exception remains. Reviewer Comment (2017-08-14): Seller provided a Processor cert verifying the maximum insured value. however a documentation from the insurance company directly, or a cost calculator is required as evidence of max insured. Exception remains.	08/18/2017
Seller is requesting a waiver for: TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-16): Client elects to waive the non-material exception.			08/16/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-21): Client elects to waive the non-material exception.			08/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including fees paid before closing), borrower’s final CD shows $xx.		Reviewer Comment (2017-08-11): Seller provided a post-close CD correcting the seller paid fees.		08/11/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202243549	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Prepaid City Property Tax Months	TILA-RESPA Integrated Disclosure - Other Costs: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose number of months for City Property Tax under Prepaids. (Final/[MM/DD/YYYY])
202243549	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee. Fee Amount of $45.00 exceeds tolerance of $36.00. Insufficient or no cure was provided to the borrower. (7520)
202243549	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer’s Final CD	TILA-RESPA Integrated Disclosure: the Seller’s final CD total seller paid fee amounts do not match the values used for compliance testing. (Final/[MM/DD/YYYY])
202243550	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202243550	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202245226	Compliance	Compliance	Miscellaneous Compliance	Rental Income Documentation - Schedule E Method	Qualified Mortgage (Dodd-Frank 2014): Rental income documentation requirement not met for [REDACTED]. Lease Agreement and/or Tax Transcripts / Returns not provided. (Non-Subject Investment/Schedule E)
202245226	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202245231	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure With Seller - Total Closing Costs Exceeds Limits	TILA-RESPA Integrated Disclosure - Calculating Cash to Close: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed an inaccurate value of the dollar amount by which the Total Closing Costs exceeded the legal limit. (Final/[MM/DD/YYYY])
202245231	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202245231	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $800.00 exceeds tolerance of $600.00. Insufficient or no cure was provided to the borrower. (7506)
202245231	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Re-Inspection Fee. Fee Amount of $125.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75103)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The number of months of City Taxes prepaid in section F was blank. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-21): Seller provided a post-close CD correcting the number of months of prepaid property taxes.		08/21/2017
		Reviewer Comment (2017-08-11): Cure provided on the final CD.		08/11/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-21): Seller provided a post-close CD correcting the seller paid fees.		08/21/2017
The file is missing a copy of the lender’s wiring instructions.		Reviewer Comment (2017-08-15): Seller provided the wire instructions as required.	08/15/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx. Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-21): Seller provided a post-close CD correcting the seller paid fees. Reviewer Comment (2017-08-17): Seller provided a copy of the post-close CD correcting the seller paid closing costs; however the letter of explanation sent to the borrower disclosing the changes made was not provided.		08/21/2017
The lease agreement for the investment property in file expired 05/29/2017. The lease agreement did not disclose any provisions stating the term will be extended to month to month after expiration or other documentation verifying the lease was extended, as required by Appendix Q.		Reviewer Comment (2017-08-16): Seller provided the lease agreement.	08/16/2017
The lease agreement for the investment property in file expired 05/29/2017. The lease agreement did not disclose any provisions stating the term will be extended to month to month after expiration or other documentation verifying the lease was extended, as required by Appendix Q.		Reviewer Comment (2017-08-16): Seller provided the lease agreement.	08/16/2017
Cure for appraisal fee and FNC Appraisal Score fee of $350.00 was not provided.		Reviewer Comment (2017-08-25): Seller provided a copy of the borrower’s intent to proceed. The subject property address was not determined until 07/06/2017 and the LE issued was the accurate initial LE.	08/25/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed seller paid fees of $xx. If the seller’s CD disclosed seller paid fees that do not match the borrower’s CD, provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-25): Seller provided a copy of the seller’s CD.	08/25/2017
The initial LE disclosed the appraisal fee as $600.00. The fee on the final CD was $800.00. The re-disclosed LE dated 07/10/2017 increased the fee to $800.00; however a valid change of circumstance disclosure was not provided in the file.		Reviewer Comment (2017-08-25): Seller provided a copy of the borrower’s intent to proceed. The subject property address was not determined until 07/06/2017 and the LE issued was the accurate initial LE.	08/25/2017
A lender credit in the amount of 125.00 was provided at closing to cure the under disclosure of the final inspection fee. Evidence of an additional cure is not required.		Reviewer Comment (2017-08-14): Cure provided on the final CD.		08/14/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement
1	A	XXXX	XX	Primary	Refinance - Cash-out - Home Improvement	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	A	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	A	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202245231	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202245231	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Review Fee. Fee Amount of $150.00 exceeds tolerance of $0.00. Insufficient or no cure was provided to the borrower. (75104)
202245231	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202245904	Credit	Credit	Credit Documentation	Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided
202245904	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202245904	Credit	Guideline	Guideline Issue	The Fraud Report did not include all interested parties to the subject transaction.	Credit Report: Original // Borrower: [REDACTED]
202245904	Compliance	Compliance	Federal Compliance	Self-Employed Tax Return Recency	Qualified Mortgage (Dodd-Frank 2014): Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [MM/DD/YYYY], Most Recent Tax Return End Date 12/31/2015, Tax Return Due Date 03/15/2017. ([REDACTED]/S-Corp)
202245904	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202245904	Compliance	Compliance	Federal Compliance	TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date	Truth in Lending Act: Subject loan transaction disbursed on [MM/DD/YYYY], prior to three (3) business days from transaction date of [MM/DD/YYYY].
202246245	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202246245	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, as required by the guidelines.		Reviewer Comment (2017-08-16): Fraud report that included all parties was provided.	08/16/2017
The initial LE did not disclose the FNC Appraisal Score fee. The fee on the final CD was $150.00. The re-disclosed LE dated 07/10/2017 added the fee; however a valid change of circumstance disclosure was not provided in the file.		Reviewer Comment (2017-08-25): Seller provided a copy of the borrower’s intent to proceed. The subject property address was not determined until 07/06/2017 and the LE issued was the accurate initial LE.	08/25/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-25): Client has elected to waive the condiiton			08/25/2017
The file was missing documentation verifying the lender’s QM/ATR designation.		Reviewer Comment (2017-08-16): Mavent report was provided supporting the Safe Harbor status.	08/16/2017
The file was missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-08-16): Seller provided the wire instructions.	08/16/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the appraiser, as required by the guidelines.		Reviewer Comment (2017-08-22): Seller provided the revised Fraud report including the OFAC. Reviewer Comment (2017-08-17): The seller provided proof the appraiser was not included on the LDP and GSA lists, however the guidelines require verification all participants are not on the OFAC list as well. Condition remains	08/22/2017
The file is missing the 2016 personal and business tax returns. Evidence of extension provided in file for 2016. The file contained a copy of the 2014 and 2015 1040’s and business returns. The condition is informational and a waiver is required.		Reviewer Comment (2017-08-14): Client has elected to waive the condition			08/14/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-16): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower		08/16/2017
The disbursement date disclosed on the final CD ([MM/DD/YYYY]) was prior to three business days from the transaction date of [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-16): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower.		08/16/2017
The file was missing a copy of the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-08-17): Seller provided a copy of the borrowers consent to receive electronic documentation.	08/17/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-15): Client has elected to waive the condition.			08/15/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
2	B	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Refinance - Rate/Term	TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	C	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	B	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	B	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202246245	Credit	Credit	Miscellaneous	Miscellaneous Credit (Non-Material):
202252973	Credit	Credit	Credit Documentation	Credit Report Error: Current Balance was not provided
202252973	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202258306	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY]
202258306	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202258306	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202258306	Credit	Income / Employment	Income Documentation	Income Docs Missing:	Borrower: [REDACTED]
202258306	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202260393	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202260393	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202260394	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file was missing a copy of the final HUD/CD from the sale of the borrowers prior residence to verify the large deposit made on 06/30/2017 into the [REDACTED] account.		Reviewer Comment (2017-08-17): Seller provided a copy of the CD from the sale of the borrowers prior residence.	08/17/2017
The borrowers were qualified with a monthly payment of $67.00 for the [REDACTED] credit card xx[Redacted]; however the statement provided in the file and the credit report verified a payment of $104.00 per month. Provide a copy of the updated credit supplement or statement verifying the lower payment. Note: if the payment from the credit report and statement is used, the DTI exceeds 43% and is a non-qm loan.		Reviewer Comment (2017-08-21): Seller provided a credit supplement confirming the payment and balance of the [REDACTED] account was less than the amounts disclosed on the original credit report used to qualify.	08/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-15): Client has elected to waive the condition			08/15/2017
The file was missing the required HOA information.		Reviewer Comment (2017-08-22): Seller provided the HOA information as required.	08/22/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-22): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower. Reviewer Comment (2017-08-18): Seller provided a post-close CD correcting the closing date; however the file was missing a copy of the letter of explanation sent to the borrower disclosing the changes made. The letter provided states “enclosed is a final Closing Disclosure for your records”. The letter must state the reason for the post-close CD. Condition remains		08/22/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including costs paid before closing), borrower’s final CD shows $xx.		Reviewer Comment (2017-08-16): Client has elected to waive the condition			08/16/2017
The file was missing a copy of the 2015 IRS transcripts, as required by the guidelines.		Reviewer Comment (2017-08-18): Seller provided a copy of the 2015 IRS Transcripts	08/18/2017
The seller provided a post-close CD to correct the closing date; however the CD disclosed lessor borrower paid closing costs and cash to close. Provide a copy of the final settlement statement to confirm the loan was disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-08-22): Seller provided the Final Settlement Statement matching the PCCD.	08/22/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed seller paid fees of $xx.		Reviewer Comment (2017-08-24): Seller provided a copy of the Settlement Agent Closing Disclosure Notice. The final CD was combined for the borrower and seller. Reviewer Comment (2017-08-21): The seller provided an additional copy of the final CD and stated it is the borrower/seller CD. However, a separate seller’s CD is required unless the seller executed the final CD. The final CD provided was not executed by the seller and the condition remains.	08/24/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, listing and selling agents, the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-08-24): Updated Fraud report was provided. Reviewer Comment (2017-08-21): The seller provided a copy of the fraud report; however the Loan Originator was not included in the list of interested parties. Condition remains	08/24/2017
Missing lender’s wiring instructions		Reviewer Comment (2017-08-18): Seller provided a copy of the wiring instructions	08/18/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
B	B	B	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	B	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	B	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	B	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202260394	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202260394	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure	TILA-RESPA Integrated Disclosure: Seller Closing Disclosure not located in the file. (Final/[MM/DD/YYYY])
202260394	Compliance	Compliance	Miscellaneous Compliance	Miscellaneous Compliance: Non-Material Compliance Exception:
202260394	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Greater than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are greater than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202260396	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202260396	Compliance	Compliance	Federal Compliance	S-Corp Income Documentation Test	Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (S-Corp). ([REDACTED] [REDACTED]/S-Corp)
202260396	Compliance	Compliance	Federal Compliance	Check Loan Designation Match - QM	Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM.
202260396	Compliance	Compliance	Federal Compliance	TRID Initial Closing Disclosure Timing without Waiver	TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Initial/08/04/2017)
202260396	Compliance	Compliance	Federal Compliance	TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $174.00 exceeds tolerance of $150.00 plus 10% or $165.00. Sufficient or excess cure was provided to the borrower at Closing. (0)
202260396	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $650.00 exceeds tolerance of $500.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202260396	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Document Preparation Fee. Fee Amount of $250.00 exceeds tolerance of $150.00. Sufficient or excess cure was provided to the borrower at Closing. (7522)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
A post close CD dated 8/9/2017 was provided in the file, however a copy of the letter to the borrower explaining the changes that were made was not provided..		Reviewer Comment (2017-08-21): Seller provided a copy of the letter of explanation sent to the borrower for the post-close CD.	08/21/2017
The file was missing a copy of the seller’s CD. Note: the final CD disclosed $xx in seller paid fees and the post-close CD dated 08/09/2017 disclosed seller paid fees of $xx.		Reviewer Comment (2017-08-22): Seller CD was provided	08/22/2017
The post-close CD dated 08/09/2017 disclosed less borrower paid fees and cash to close. Provide a copy of the final settlement statement to verify the loan was disbursed as disclosed on the post-close CD.		Reviewer Comment (2017-08-24): A Copy of the final Settlement statement was provided confirming the disbursements. Reviewer Comment (2017-08-21): The seller provided a copy of refund check and letter of explanation for the post-close CD dated 08/09/2017; however a copy of the final settlement statement confirming the loan was disbursed as disclosed on the post-close CD was still missing. Condition remains	08/24/2017
		Reviewer Comment (2017-08-22): Client elects to waive the non-material exception.			08/22/2017
Missing Lender’s wiring instructions.		Reviewer Comment (2017-08-21): Seller provided a copy of the wiring instructions	08/21/2017
The file is missing an executed copy of the 2016/2015 business tax returns for the borrower’s S-Corp, as required by Appendix Q.		Reviewer Comment (2017-08-25): Seller provided a copy of the signed 2015/2016 1120S. Reviewer Comment (2017-08-21): Seller provided an additional copy of the 2016/2015 business tax returns. The returns were not signed by the borrower, as required by Appendix Q. Note: the returns state “Client Copy-Electronically Filed” in the signature line, per Appendix Q, a signed copy of the returns is required. Condition remains	08/25/2017
The file is missing an executed copy of the 2016/2015 business tax returns for the borrower’s S-Corp, as required by Appendix Q.		Reviewer Comment (2017-08-25): Seller provided a copy of the signed 2015/2016 1120S. Reviewer Comment (2017-08-21): Seller provided an additional copy of the 2016/2015 business tax returns. The returns were not signed by the borrower, as required by Appendix Q. Note: the returns state “Client Copy-Electronically Filed” in the signature line, per Appendix Q, a signed copy of the returns is required. Condition remains	08/25/2017
Evidence of earlier borrower receipt was not found in file. Note: the file contains documentation verifying a CD was issued on 08/01/2017; however a copy of the CD was not in the file.		Reviewer Comment (2017-08-21): Seller provided a copy of the initial CD and proof of delivery.	08/21/2017
				08/16/2017
				08/16/2017
				08/16/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Lender to provide updated ATR/QM status
1	A	XXXX	XX	Primary	Refinance - Rate/Term	No Defined Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure
1	A	XXXX	XX	Primary	Refinance - Rate/Term	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202260396	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Insurance Policy not provided
202260398	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202260398	Credit	Credit	Misc	Credit Exception:
202260398	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202260690	Credit	Assets	Asset Documentation	Assets Error: Usability was not provided
202260690	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202260690	Compliance	Compliance	Federal Compliance	TRID non-compliant: Fees were not reflected in the correct section of the disclosure.
202263190	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202263190	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202263190	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202263192	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file contained homeowner’s insurance documentation verifying a policy term of 09/05/2017 to 09/05/2018, which was after the closing date. Provide a copy of the homeowner’s insurance declarations page or policy that was in effect at closing.		Reviewer Comment (2017-08-25): Seller provided a copy of the homeowner’s insurance declarations page in effect at closing. Reviewer Comment (2017-08-21): The seller provided a copy of the insurance binder. Per the guidelines, a binder is not acceptable. Provide a copy of the homeowner’s declaration page or policy with an effective date on or before closing. Condition remains	08/25/2017
Lender’s wire instructions were not provided.		Reviewer Comment (2017-08-21): Seller provided a copy of the wiring instructions	08/21/2017
Final 1003 disclosed a monthly debt of $700, balance of $10,000. File does not contain documentation as to what this other debt is. Please provide documentation to support.		Reviewer Comment (2017-08-24): Seller provided a letter of explanation and updated the 1008 and 1003 removing the debt.	08/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-17): Client has elected to waive the condition			08/17/2017
The file was missing a copy of the executed settlement statement or CD from the sale of the borrower’s departure residence. The settlement statement in the file was marked estimated and was not executed.		Reviewer Comment (2017-08-22): Seller provided the Final CD from the Sale of the departure residence.	08/22/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-18): Client has elected to waive the condition			08/18/2017
The Title-Electronic Recording Fee, Title-Endorsement Fee, and the Title-Lenders Title Insurance Fee were disclosed in section C; however the provider was disclosed on the SSPL. The fees should have been disclosed in section B. Provide a post-close CD moving the fees in the correct section and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-23): Seller provided a post-close CD correcting the fees.		08/23/2017
The file is missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-08-24): Seller provided the wire instructions.	08/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including costs paid before closing), borrower’s final CD shows $xx.		Reviewer Comment (2017-08-21): Client has elected to waive the condition			08/21/2017
The file is missing documentation to verify the borrowers consent to receive electronic disclosures.		Reviewer Comment (2017-08-25): Evidence of E-consent was provided.	08/25/2017
Missing lender’s wiring instructions		Reviewer Comment (2017-08-28): Seller provided the required Wire instructions.	08/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Refinance - Rate/Term
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Good Faith Redisclosure
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	A	C	A	C	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202263192	Compliance	Compliance	Federal Compliance	TRID Home Loan Toolkit Provided	Truth in Lending Act (2015): Creditor or broker did not provide Your Home Loan Toolkit Disclosure to applicant.
202263192	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202263193	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202263193	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202263197	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202263198	Credit	Guideline	Guideline Issue	The Fraud Report did not include all interested parties to the subject transaction.	Credit Report: Original // Borrower: [REDACTED]
202263198	Compliance	Compliance	Federal Compliance	TRID Esign Consent Agreement Status	ESIGN Act - Loan file does not contain evidence of borrower’s consent to receive electronic disclosures.
202263198	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] did not disclose the Deposit. (Final/[MM/DD/YYYY])
202263198	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202263368	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202263368	Credit	Missing Document	General	Missing Document: Wire Instructions not provided

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a copy of the our Home Loan Toolkit Disclosure or proof of the borrowers receipt.		Reviewer Comment (2017-08-28): Seller provided the Evidence that the toolkit was provided to the borrower.	08/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-21): Client has elected to waive the condition			08/21/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-22): Client has elected to waive the condition			08/22/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the seller, as required by the guidelines. Note: the sellers disclosed on the final CD and the seller’s CD were not included in the fraud report.		Reviewer Comment (2017-08-24): Seller provided the fraud report including both sellers.	08/24/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs (including costs paid before closing), borrower’s final CD shows $xx.		Reviewer Comment (2017-08-22): Client has elected to waive the condition			08/22/2017
The file contained a fraud report; however the fraud report did not include all interested parties to the transaction. Provide a revised fraud report to include the listing and selling agents, as required by the guidelines.		Reviewer Comment (2017-08-25): Seller provided the fraud report including the selling and listing agents.	08/25/2017
The file was missing documentation verifying the borrowers consent to receive electronic documentation.		Reviewer Comment (2017-08-25): Evidence of E-consent was provided.	08/25/2017
The final CD did not disclose the $10,000.00 earnest money deposit documented in file and disclosed on the purchase agreement. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-25): Client elects to waive the non-Material exception.			08/25/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-22): Client elected to waive the condition			08/22/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-23): Client has elected to waive the condition			08/23/2017
Lenders wire instructions have not been provided.		Reviewer Comment (2017-08-28): Seller provided the wire instructions.	08/28/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	No Defined Cure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	B	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	B	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	B	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	B	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No

AMC Loan ID	Exception Type	Exception Category	Exception Subcategory	Exception	Exception Detail
202265278	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202265278	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Closing Date	TILA-RESPA Integrated Disclosure - General Information: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Closing Date that did not match the actual date of consummation. (Final/[MM/DD/YYYY])
202265278	Compliance	Compliance	Federal Compliance	TRID Final Closing Disclosure Summaries Of Transactions - Deposit	TILA-RESPA Integrated Disclosure - Summaries of Transactions: Final Closing Disclosure provided on [MM/DD/YYYY] disclosed a Deposit that does not match the Deposit from the Calculating Cash to Close table. (Final/[MM/DD/YYYY])
202265278	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202265281	Credit	Valuation	Valuation	The following HOA field(s) are missing and are required:	Valuation Type: Appraisal / Valuation Report Date: [MM/DD/YYYY] loan_valuation.hoa_association_management_company_name, loan_valuation.hoa_association_management_company_tax_num, loan_valuation.hoa_dues, loan_valuation.hoa_payment_frequency, loan_valuation.hoa_dues_status, loan_valuation.hoa_address_street, loan_valuation.hoa_address_city, loan_valuation.hoa_address_state, loan_valuation.hoa_address_zip, loan_valuation.hoa_association_management_contact_name, loan_valuation.hoa_association_management_contact_phone, loan_valuation.hoa_association_management_contact_email_address
202265281	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $565.00 exceeds tolerance of $415.00. Sufficient or excess cure was provided to the borrower at Closing. (7506)
202265281	Credit	Insurance	Insurance Documentation	Missing Document: Hazard Dec Page not provided
202265281	Credit	Credit	Misc	Credit Exception:
202271049	Credit	Loan Package Documentation	Application / Processing	Missing Document: Fraud Report not provided
202271049	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202271049	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Contains Fees not reflected on Consumer’s Final Closing Disclosure	TILA-RESPA Integrated Disclosure: the Seller’s final CD contained fees not reflected on the consumer’s CD. (Final/[MM/DD/YYYY])
202271050	Credit	Missing Document	General	Missing Document: Wire Instructions not provided
202277038	Compliance	Compliance	Federal Compliance	TRID Seller Closing Disclosure Fees Lesser than Final Closing Disclosure Seller Paid Fees	TILA-RESPA Integrated Disclosure: Fees disclosed on the Seller’s Closing Disclosure are less than the Seller Paid fees disclosed on the Consumer’s Final Closing Disclosure. (Final/[MM/DD/YYYY])
202277038	Compliance	Compliance	Federal Compliance	TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing	TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points. Fee Amount of $856.63 exceeds tolerance of $850.00. Sufficient or excess cure was provided to the borrower at Closing. (7200)

Exception Information	Compensating Factors	Follow-up Comments	Cleared Date	Cured Date	Waived Date
The file is missing a copy of the lender’s wiring instructions		Reviewer Comment (2017-08-28): Seller provided the Wire Instructions.	08/28/2017
Disclosure reflects Closing Date of [MM/DD/YYYY], but transaction consummation (mortgage notary) date was [MM/DD/YYYY]. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-28): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower.		08/28/2017
The final CD did not disclose the earnest money deposit in the Calculating Cash to Close section or on the correct line in the Summaries of Transactions. The EMD is listed other the adjustments. Provide a post-close CD and a copy of the letter of explanation to the borrower disclosing the changes made.		Reviewer Comment (2017-08-28): Letter of Explanation & Corrected Closing Disclosure was provided to the borrower.		08/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-23): Client has elected to waive the condition.			08/23/2017
Missing all required information for the HOA		Reviewer Comment (2017-08-28): Seller provided the HOA information as required.	08/28/2017
				08/21/2017
The homeowner’s insurance documentation in file disclosed a policy period from 08/10/2017, which is after the closing/disbursement date. Provide a revised homeowner’s insurance declaration page or policy confirming the policy was in effect at closing/disbursement.		Reviewer Comment (2017-08-28): Seller provided the Hazard Dec Page.	08/28/2017
The homeowner’s insurance documentation in file disclosed a policy period from 08/10/2017, which is after the closing/disbursement date. Note date is [MM/DD/YYYY]. Provide a revised homeowner’s insurance declaration page or policy confirming the policy was in effect at closing/disbursement.		Reviewer Comment (2017-08-29): Seller provided the Hazard Dec Page with an effective date prior to the closing.	08/29/2017
The file is missing a copy of the required fraud report including all interested parties to the transaction. Provide a fraud report to include the borrowers, seller, listing and selling agents, the appraiser, and the loan originator, as required by the guidelines.		Reviewer Comment (2017-08-28): Seller provided the Fraud report as required.	08/28/2017
Missing lender’s wiring instructions		Reviewer Comment (2017-08-28): Seller provided the Wire instructions.	08/28/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-24): Client has elected to waive the condition			08/24/2017
Missing Lender’s wiring instructions		Reviewer Comment (2017-08-29): Seller provided the wire instructions.	08/29/2017
TRID non-compliant. Seller paid fees on Seller’s Closing Disclosure are not consistent with those reflected on the Borrower’s Final Closing Disclosure. Seller’s CD shows $xx in seller paid closing costs, borrower’s final CD shows $xx.		Reviewer Comment (2017-08-28): Client elected to waive the condition			08/28/2017
LE disclosed xx discount on loan amount of $xx = xx. The actual discount charged at closing was xx. A cure in the amount of 6.32 was provided at closing which is sufficient to cure the under disclosure.				08/24/2017

Exception Level Grade	Exception Level Rating	Note Date	Property State	Occupancy	Purpose	Exception Remediation
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase
1	A	XXXX	XX	Primary	Purchase
2	B	XXXX	XX	Primary	Purchase	Letter of Explanation & Corrected Closing Disclosure
1	A	XXXX	XX	Primary	Purchase	Final CD evidences Cure

Rating Agency Grades
Overall Initial Loan Grade	Overall Final Loan Grade	Credit Initial Loan Grade	Credit Final Loan Grade	Compliance Initial Loan Grade	Compliance Final Loan Grade	Property Initial Loan Grade	Property Final Loan Grade	Originator QM ATR Status	TPR QM ATR Status	Is Curable
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	No
C	B	C	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
C	A	C	A	A	A	A	A	Safe Harbor QM	Safe Harbor QM	No
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes
B	B	A	A	B	B	A	A	Safe Harbor QM	Safe Harbor QM	Yes