Borrower Qualification Numeric. Integer 3 9 Always See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, Level 4 Verified (as defined)
Borrower Qualification Numeric. Integer 3 9 Always See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, Level 4 Verified (as defined) 112 Co-Borrower Asset Verification A code indicating the extent to which the co-borrower’s assets used to qualify the loan have been verified: Level 4 = 2 months of bank statements/balance documentation (written or electronic) for liquid assets (or gift letter). Borrower Qualification Numeric – Integer 2 9 If “Total Number of Borrowers” > 1 See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, Level 4 Verified (as defined) 113 Liquid / Cash Reserves The actual dollar amount of remaining verified liquid assets after settlement. (This should not include cash out amount of subject loan.) Borrower Qualification Numeric – Decimal 3242.76 9(9).99 Always >= 0
Borrower Qualification Numeric. 105 All Borrower Total Income Monthly income of all borrowers derived from base salary, commission, tips and gratuities, overtime and bonuses, part-time or second-job earnings, alimony, child support, interest and dividend income, notes receivable, trust income, net rental income, retirement income, social security, veterans income, military income, fxxxxx care income, and self-employed income. Borrower Qualification Numeric – Decimal 9000 9(9).99 Always >= 0 106 4506-T Indicator A yes/no indicator of whether a Transcript of Tax Return (received pursuant to the filing of IRS Form 4506-T) was obtained and considered. Borrower Qualification Numeric – Integer 1 99 Always See Coding 0 = No 1 = Yes 99 = Unknown
Borrower Qualification Numeric. Integer 1 99 If a FICO score was obtained See Coding 1 = Classic 2 = Classic 08 3 = Next Generation 99 = Unknown 79 Most Recent FICO Date Specifies the date on which the most recent FICO score was obtained Borrower Qualification Date 20090914 YYYYMMDD If a FICO score was obtained “19010101” if unknown Issuers unable to Provide may Rep and Warrant that the FICO score used for underwriting was not more than 4 months old at the date of issuance. 80 Primary Wage Earner Original FICO: Equifax Equifax FICO score for primary borrower (if applicable). Borrower Qualification Numeric – Integer 720 9999 If a FICO score was obtained >= 350 and <= 850 81 Primary Wage Earner Original FICO: Experian Experian FICO score for primary borrower (if applicable). Borrower Qualification Numeric – Integer 720 9999 If a FICO score was obtained >= 350 and <= 850 82 Primary Wage Earner Original FICO: TransUnion TransUnion FICO score for primary borrower (if applicable). Borrower Qualification Numeric – Integer 720 9999 If a FICO score was obtained >= 350 and <= 850 83 Secondary Wage Earner Original FICO: Equifax Equifax FICO score for Co-borrower (if applicable). Borrower Qualification Numeric – Integer 720 9999 If “Total Number of Borrowers” > 1 >= 350 and <= 850 84 Secondary Wage Earner Original FICO: Experian Experian FICO score for Co-borrower (if applicable). Borrower Qualification Numeric – Integer 720 9999 If “Total Number of Borrowers” > 1 >= 350 and <= 850 85 Secondary Wage Earner Original FICO: TransUnion TransUnion FICO score for Co-borrower (if applicable). Borrower Qualification Numeric – Integer 720 9999 If “Total Number of Borrowers” > 1 >= 350 and <= 850 86 Most Recent Primary Borrower FICO Most Recent Primary Borrower FICO score used by the lender to approve the loan. Borrower Qualification Numeric – Integer 720 9999 If a FICO score was obtained >= 350 and <= 850 87 Most Recent Co-Borrower FICO Most Recent Co-Borrower FICO score used by the lender to approve the loan. Borrower Qualification Numeric – Integer 720 9999 If “Total Number of Borrowers” > 1 >= 350 and <= 850 88 Most Recent FICO Method Number of credit repositories used to update the FICO Score. Borrower Qualification Numeric – Integer 2 9 If a FICO score was obtained >0 89 VantageScore: Primary Borrower Credit Score for the Primary Borrower used to approve the loan and obtained using the Vantage credit evaluation model. Borrower Qualification Numeric – Integer 720 9999 If a Vantage Credit Score was obtain...
Borrower Qualification Numeric. Integer 1 9 Always See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, “Level 4” Verified (as defined) 5 = Stated, “Level 5” Verified (as defined) 108 Co-Borrower Income Verification A code indicating the extent to which the co-borrower’s income has been verified: Xxxxx 0 Income Verification = [W-2 (Prev. Yr.) OR TAX RETURNS* (Prev. Yr.)] AND PAY STUBS (YTD (at least one month)–if salaried) Xxxxx 0 Income Verification = 24 months income verification (W-2s, pay stubs, bank statements and/or tax returns**) *For self-employed borrowers: Xxxxx 0 Income Verification: • 2 Years Tax Returns • Self-prepared tax returns (regardless of 4506 and tax transcripts) ** For self-employed borrowers: Xxxxx 0 Income Verification: • 2 Years tax returns • Tax returns prepared and not executed by a CPA, with o CPA name & phone number shown on the Preparer section of the tax return o Executed 4506 and tax transcripts (matching returns in file) • Tax returns prepared and executed by a CPA (regardless of 4506 and tax transcripts) Borrower Qualification Numeric – Integer 2 9 If “Total Number of Borrowers” > 1 See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, “Level 4” Verified (as defined) 5 = Stated, “Level 5” Verified (as defined) 109 Borrower Employment Verification A code indicating the extent to which the primary borrower’s employment has been verified: Level 3 Verified = Direct Independent Verification with a third party of the borrower’s current employment. Borrower Qualification Numeric – Integer 2 9 Always See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, Level 3 Verified (as defined)
Borrower Qualification Numeric. Integer 2 9 If “Total Number of Borrowers” > 1 See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, Level 4 Verified (as defined) 113 Liquid / Cash Reserves The actual dollar amount of remaining verified liquid assets after settlement. (This should not include cash out amount of subject loan.) Borrower Qualification Numeric – Decimal 3242.76 9(9).99 Always >= 0 114 Monthly Debt All Borrowers The aggregate monthly payment due on other debt (excluding only installment loans with fewer than 10 payments remaining and other real estate loans used to compute net rental income— which is added/subtracted in the income fields). Borrower Qualification Numeric – Decimal 3472.43 9(9).99 Always >= 0 115 Originator DTI Total Debt to income ratio used by the originator to qualify the loan. Borrower Qualification Numeric – Decimal 0.35 9.999999 Always >= 0 and >= 1 116 Fully Indexed Rate The fully indexed interest rate as of securitization cut-off. Borrower Qualification Numeric – Decimal 0.0975 9.999999 ARMs Only >= 0 and >= 1 117 Qualification Method Type of mortgage payment used to qualify the borrower for the loan. Borrower Qualification Numeric – Integer 3 99 Always See Coding 1 = Start Rate 2 = First Year Cap Rate 3 = I/O Amount 4 = Fully Indexed 5 = Min Payment 98 = Other 99 = Unknown
Borrower Qualification Numeric. Integer 3 9 Always See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, Level 4 Verified (as defined) 112 Co-Borrower Asset Verification A code indicating the extent to which the co-borrower’s assets used to qualify the loan have been verified: Level 4 = 2 months of bank statements/balance documentation (written or electronic) for liquid assets (or gift letter). Borrower Qualification Numeric – Integer 2 9 If “Total Number of Borrowers” > 1 See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, Level 4 Verified (as defined) 113 Liquid / Cash Reserves The actual dollar amount of remaining verified liquid assets after settlement. (This should not include cash out amount of subject loan.) Borrower Qualification Numeric – Decimal 3242.76 9(9).99 Always >= 0 114 Monthly Debt All Borrowers The aggregate monthly payment due on other debt (excluding only installment loans with fewer than 10 payments remaining and other real estate loans used to compute net rental income— which is added/subtracted in the income fields). Borrower Qualification Numeric – Decimal 3472.43 9(9).99 Always >= 0 116 Fully Indexed Rate The fully indexed interest rate as of securitization cut-off. Borrower Qualification Numeric – Decimal 0.0975 9.999999 ARMs Only >= 0 and >= 1 117 Qualification Method Type of mortgage payment used to qualify the borrower for the loan. Borrower Qualification Numeric – Integer 3 99 Always See Coding 1 = Start Rate 2 = First Year Cap Rate 3 = I/O Amount 4 = Fully Indexed 5 = Min Payment 98 = Other 99 = Unknown 118 Percentage of Down Payment from Borrower Own Funds Include only borrower funds, do not include any gift or borrowed funds. (Issuers may provide the actual percentage for each loan, or the guideline percentage and note departure concentration on the transaction summary.) Borrower Qualification Numeric – Decimal 0.5 9.999999 Purchase Loans Only >= 0 and >= 1 119 City The name of the city. Subject Property Text New York X(45) Always Unk=Unknown
Borrower Qualification Numeric. Integer 1 99 If a FICO score was obtained See Coding 1 = Classic 2 = Classic 08 3 = Next Generation 99 = Unknown 79 Most Recent FICO Date Specifies the date on which the most recent FICO score was obtained Borrower Qualification Date 20090914 YYYYMMDD If a FICO score was obtained “19010101” if unknown Issuers unable to Provide may Rep and Warrant that the FICO score used for underwriting was not more than 4 months old at the date of issuance.
Borrower Qualification Numeric. Integer 1 9 Always See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, “Level 4” Verified (as defined) 5 = Stated, “Level 5” Verified (as defined) *For self-employed borrowers: Lxxxx 0 Income Verification: • 2 Years Tax Returns • Self-prepared tax returns (regardless of 4506 and tax transcripts) ** For self-employed borrowers: Lxxxx 0 Income Verification: • 2 Years tax returns • Tax returns prepared and not executed by a CPA, with o CPA name & phone number shown on the Preparer section of the tax return o Executed 4506 and tax transcripts (matching returns in file) • Tax returns prepared and executed by a CPA (regardless of 4506 and tax transcripts)
Borrower Qualification Numeric. Integer 2 9 If “Total Number of Borrowers” > 1 See Coding 1 = Not Stated, Not Verified 2 = Stated, Not Verified 3 = Stated, “Partially” Verified 4 = Stated, Level 4 Verified (as defined) 113 Liquid / Cash Reserves The actual dollar amount of remaining verified liquid assets after settlement. (This should not include cash out amount of subject loan.) Borrower Qualification Numeric – Decimal 3242.76 9(9).99 Always >= 0
