| Artifact | Recipient | Status |
|---|---|---|
| Pool NP-2025A surveillance tape + summary | Institutional buyer | 2 exceptions |
| Warehouse-CB1 borrowing base certificate | Capital partner | ready |
| Weekly portfolio close | Principals | 4 exceptions |
| Bucket | Loans | UPB | Prior | Δ |
|---|---|---|---|---|
| Current | 73 | $33,789,000 | 74 | -1 |
| 30–59 | 6 | $4,541,000 | 6 | , |
| 60–89 | 3 | $1,403,000 | 2 | ▲ 1 |
| 90+ | 2 | $280,000 | 2 | , |
| Foreclosure | 3 | $1,265,000 | 3 | , |
2 new 30-day (6/1 cycle) · 1 rolled 30→60 · 1 cured. FCI contractual aging, paid-through basis.
| Window | Loans | UPB |
|---|---|---|
| Next 7 days | 2 | $620,000 |
| 8–30 days | 3 | $1,202,000 |
| 31–60 days | 6 | $3,372,000 |
| 61–90 days | 7 | $2,979,000 |
| Past maturity - extension executed | 8 | $2,617,000 |
| Past maturity - unresolved | 15 | $5,583,000 |
15 unresolved past-maturity loans need extension docs or payoff demand this week.
| Capital bucket | Loans | UPB |
|---|---|---|
| NP-2025A | 34 | $15,979,000 |
| Warehouse-CB1 | 29 | $13,093,000 |
| Balance Sheet | 24 | $12,206,000 |
| Top borrower exposure | UPB | % book |
|---|---|---|
| Farsi Ventures LLC | $3,477,000 | 8.4% |
| Hardin REI LLC | $2,655,000 | 6.4% |
| Culpepper Properties LLC | $2,337,000 | 5.7% |
| Alvarez Group LLC | $1,988,000 | 4.8% |
| Loan | Exception | Sev |
|---|---|---|
| SRL-2024128 | Maturity date mismatch Servicer maturity 8/31/2026 vs book 9/30/2026 — extension amendment (executed 5/14) not delivered to servicer. | ● HIGH |
| SRL-2025109 | Overdue inspection Draw #3 requested 6/19; last site inspection 4/30 (>45 days). Inspection required before release. | ● HIGH |
| SRL-2025112 | Payment posting delta Servicer shows 6/12 payment of $14,262.50 incl. $450 late fee; book shows $13,812.50. Delta = late fee not posted to book. | ▲ MEDIUM |
| SRL-2024143 | Escrow balance break Servicer escrow $8,940 vs book $11,140. $2,200 insurance disbursement (5/28) not recorded in book. | ▲ MEDIUM |
| SRL-2024154 | Missing buyer field Pool NP-2025A tape requires as-repaired value date; field blank in CRM since origination. | ○ LOW |
| SRL-2025162 | Stale CRM record CRM shows loan 'in closing'; funded 4/2 per servicer. Closed-loan record never completed. | ○ LOW |
| Loan | Market | Draw req. | HB rem. | |
|---|---|---|---|---|
| SRL-2025167 | Houston, TX | $42,000 | $76,500 | |
| SRL-2025124 | Dallas-Fort Worth, TX | $22,000 | $48,000 | |
| SRL-2024131 | Dallas-Fort Worth, TX | $22,000 | $81,000 | |
| SRL-2024164 | San Antonio, TX | $20,000 | $20,000 | |
| SRL-2025187 | Dallas-Fort Worth, TX | $18,000 | $27,500 | |
| SRL-2025156 | Jacksonville, FL | $17,500 | $58,000 |