This document provides loan production and performance metrics for Apex Home Loans, Inc. for the month of September 2015. Key details include: - Loan production was $1.35 million for the month, with a YTD total of $27.35 million. The majority (57.81%) was portfolio loans. - Loan quality metrics show most loans were conventional conforming, with credit scores over 740 and LTV ratios under 80%. - Loan performance was strong with no delinquencies, defaults, or early payoffs during the reporting period. - 24 loans were reviewed for delivery in the month, with 21 (87.5%) experiencing operational pends mostly cleared within 4 days. No loans experienced

1. Status : Active
Approved Date : 5/12/2010
Recert Date/ Annual Review Date: 5/22/2012
Financial Statement Date: 12/31/2011
Center: 5119771
Approved to Deliver:
Agency X
FHA X
VA X
USDA X
Portfolio X
TPO
Conventional Conforming
Delegated Underwriting
Authority:
Delegated X
Non-Delegated
Delivery Method:
Best Efforts X
Single Loan Mandatory X
Bulk Loan Mandatory X
Casey HuetherRelationship Sales Manager: $30,000,000Mandatory Delivery Limit:
Loan Production
Lock Summary
Best Efforts Single Loan Mandatory Bulk Loan Mandatory
Current Month
$
Year To Date $ Year To
Date %
Previous Year $ Previous Year
%
Current Month $ Year To Date $ Year To
Date %
Previous Year $ Previous
Year %
Current Month $ Year To Date $ Year To
Date %
Previous Year $ Previous Year
%
Total YTD $ Total Previous
YTD$
Agency $120,000 $11,105,785 40.61 $13,202,445 29.38 $0 $19,515,293 100.00 $16,825,235 100.00 $5,491,551 $73,988,512 100.00 $52,199,764 100.00 $104,609,590 $82,227,444
FHA $0 $434,250 1.59 $1,189,845 2.65 $0 $0 0.00 $0 0.00 $0 $0 0.00 $0 0.00 $434,250 $1,189,845
VA $0 $0 0.00 $1,085,700 2.42 $0 $0 0.00 $0 0.00 $0 $0 0.00 $0 0.00 $0 $1,085,700
USDA $0 $0 0.00 $0 0.00 $0 $0 0.00 $0 0.00 $0 $0 0.00 $0 0.00 $0 $0
Portfolio $1,235,000 $15,809,550 57.81 $29,463,698 65.56 $15,809,550 $29,463,698
Total $1,355,000 $27,349,585 100.00 $44,941,688 100.00 $0 $19,515,293 100.00 $16,825,235 100.00 $5,491,551 $73,988,512 100.00 $52,199,764 100.00 $120,853,390 $113,966,687
Funded/Purchased Summary
Best Efforts Single Loan Mandatory Bulk Loan Mandatory
Current Month
$
Year To Date $ Year To
Date %
Previous Year $ Previous Year
%
Current Month $ Year To Date $ Year To
Date %
Previous Year $ Previous
Year %
Current Month $ Year To Date $ Year To
Date %
Previous Year $ Previous Year
%
Total YTD $ Total Previous
YTD $
Agency $560,000 $8,384,580 34.87 $10,328,156 38.22 $0 $19,433,993 100.00 $16,892,235 100.00 $7,946,031 $75,418,661 100.00 $50,522,070 100.00 $103,237,234 $77,742,461
FHA $0 $0 0.00 $729,904 2.70 $0 $0 0.00 $0 0.00 $0 $0 0.00 $0 0.00 $0 $729,904
VA $0 $0 0.00 $1,095,521 4.05 $0 $0 0.00 $0 0.00 $0 $0 0.00 $0 0.00 $0 $1,095,521
USDA $0 $0 0.00 $0 0.00 $0 $0 0.00 $0 0.00 $0 $0 0.00 $0 0.00 $0 $0
Portfolio $0 $15,660,850 65.13 $14,869,599 55.03 $15,660,850 $14,869,599
Total $560,000 $24,045,430 100.00 $27,023,180 100.00 $0 $19,433,993 100.00 $16,892,235 100.00 $7,946,031 $75,418,661 100.00 $50,522,070 100.00 $118,898,084 $94,437,485
Current Pipeline
(Locked Loans)
# $
Agency 7 $1,639,020
FHA 0 $0
VA 0 $0
USDA 0 $0
Portfolio 2 $1,235,000
Total 9 $2,874,020
Pull Through
(Locked Loans)
3 Months
Ending
Total #
Funded
Total #
Locked
Pull Through %
Agency 07/2015 8 10 80.00
FHA 07/2015 0 1 0.00
VA 0 0 0.00
USDA 0 0 0.00
Portfolio 07/2015 2 2 100.00
Total 07/2015 10 13 76.92
State Year To Date $
MD $71,163,005
DC $23,099,164
VA $15,126,605
DE $5,314,467
PA $2,273,625
NJ $1,301,618
FL $619,600
Top 10 Fundings
by State
TPO Production
(Funded Loans)
Current Month Year To Date
# % $ % # % $ %
0 0.00 $0 0.00 0 0.00 $0 0.00
Apex Home Loans, Inc September 2015
Company Code: 7084
Street Address : 3204 Tower Oaks Blvd
City : Rockville State : MD Zip Code : 20852
Performance Report

2. Loan Quality
Credit Scores
Agency FHA VA USDA Portfolio
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
740+ 57.14 70.86 0.00 0.00 0.00 0.00 0.00 0.00 0.00 96.15
700-739 35.71 24.33 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.85
680-699 7.14 4.55 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
660-679 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
620-659 0.00 0.27 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Below 620 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Loan To Values
Agency FHA VA USDA Portfolio
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
<=75% 57.14 43.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 65.38
75.01-80% 32.14 30.21 0.00 0.00 0.00 0.00 0.00 0.00 0.00 34.62
80.01-85% 3.57 3.48 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
85.01-90% 0.00 10.70 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
90.01-95% 7.14 12.57 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
>95% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt To Income
Agency FHA VA USDA Portfolio
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
Current
Month %
Last 12
Months %
<=30% 46.43 41.71 0.00 0.00 0.00 0.00 0.00 0.00 0.00 38.46
30.01-35% 25.00 16.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 34.62
35.01-40% 10.71 18.72 0.00 0.00 0.00 0.00 0.00 0.00 0.00 19.23
40.01-45% 10.71 18.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 7.69
45.01-50% 7.14 4.28 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
50.01-55% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
>55% 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Apex Home Loans, Inc September 2015
Company Code: 7084
Street Address : 3204 Tower Oaks Blvd
City : Rockville State : MD Zip Code : 20852
Performance Report

3. Loan Performance
Delinquency Information (Units)
Funded Last 12 Months (Rolling) - 2 Month Lag Funded Last 24 Months (Rolling) - 2 Month Lag Total Servicing Portfolio
30Day 60 Day 90 Day 120
Day
Tot Del Total
Loans
Funded
30 Day 60 Day 90 Day 120 Day Tot Del Total
Loans
Funded
30Day 60 Day 90 Day 120 Day Tot Del Total Loans
Serv #
Total Loans Serv
$
#/% #/% #/% #/% #/% #/% #/% #/% #/% #/% #/% #/% #/% #/% #/%
AGENCY ARM 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
7 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
16 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
42 $12,831,570
AGENCY FIX 1 /
0.27
0 /
0.00
0 /
0.00
0 /
0.00
1 /
0.27
364 1 /
0.20
0 /
0.00
0 /
0.00
0 /
0.00
1 /
0.20
495 2 /
0.25
0 /
0.00
0 /
0.00
0 /
0.00
2 /
0.25
806 $253,667,820
FHA 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
7 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
26 $8,304,260
PORTFOLIO ARM 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
4 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
10 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
16 $10,244,120
PORTFOLIO FIX 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
22 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
27 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
40 $28,258,367
USDA 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 $0
VA 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
6 0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
0 /
0.00
24 $10,123,760
TOTAL 1 /
0.25
0 /
0.00
0 /
0.00
0 /
0.00
1 /
0.25
397 1 /
0.18
0 /
0.00
0 /
0.00
0 /
0.00
1 /
0.18
561 2 /
0.21
0 /
0.00
0 /
0.00
0 /
0.00
2 /
0.21
954 $323,429,897
Early Payment Default
Previous
Month
Last 12
Months
# #
Agency 0 0
FHA 0 0
VA 0 0
USDA 0 0
Portfolio 0 0
Total 0 0
Early Payoff
Previous
Month
Last 12
Months
# #
Agency 0 2
FHA 0 0
VA 0 0
USDA 0 0
Portfolio 0 1
Total 0 3
Apex Home Loans, Inc September 2015
Company Code: 7084
Street Address : 3204 Tower Oaks Blvd
City : Rockville State : MD Zip Code : 20852
Performance Report

4. Loan Delivery
Credit Pends
Current Month Previous Month
Loans
Reviewed #
Loans
Pended #
Loans
Pended %
Average #
Days to Clear
Loans
Reviewed #
Loans
Pended #
Loans
Pended %
Average #
Days to Clear
0 0 0.00 0.00 0 0 0.00 0.00
Operational Pends
Current Month Previous Month
Loans
Reviewed #
Loans
Pended #
Loans
Pended %
Average #
Days to Clear
Loans
Reviewed #
Loans
Pended #
Loans
Pended %
Average #
Days to Clear
24 21 87.50 3.57 27 17 62.96 1.31
Credit Pend Conditions for Pended Loans
Condition Current Month Previous Month
# % # %
Assets/Reserves 0 0.00 0 0.00
Income Calculation/Documentation
0 0.00 0 0.00
Appraisal
0 0.00 0 0.00
Invalid/ Incomplete Credit
0 0.00 0 0.00
Employment Verification/Documentation
0 0.00 0 0.00
Compliance Documentation
0 0.00 0 0.00
Incomplete Initial Application
0 0.00 0 0.00
Miscellaneous/Other
0 0.00 5 100.00
Totals
0 0.00 5 100.00
Condition Current Month Previous Month
# % # %
Incomplete Application 0 0.00 0 0.00
Escrow Information Incomplete 0 0.00 0 0.00
Closing Legal Documents
Incomplete/Incorrect
1 4.00 2 22.22
Compliance 0 0.00 0 0.00
Upload to Freddie Mac Selling System 0 0.00 0 0.00
Transmittal (1008) AUS Findings do not
match
0 0.00 0 0.00
Tax Transcript Missing 0 0.00 0 0.00
HPML Certification Missing 0 0.00 0 0.00
Proof of MERS Registration Missing 0 0.00 0 0.00
SSR Missing 0 0.00 0 0.00
Color Appraisal Missing 0 0.00 0 0.00
Subordination Agreement Missing 0 0.00 0 0.00
Loan Org ID Missing 0 0.00 0 0.00
Need proof of Upfront MI payment 0 0.00 0 0.00
Miscellaneous/Other 24 96.00 7 77.78
TOTAL 25 100.00 9 100.00
Operational Pend Conditions for Pended Loans
Outstanding MICs
# of Loans > 60 Days
0
Outstanding LGCs
# of Loans > 60 Days
0
Outstanding LNGs
# of Loans > 60 Days
0
Outstanding Repurchases
# $
0 0.00
Apex Home Loans, Inc September 2015
Company Code: 7084
Street Address : 3204 Tower Oaks Blvd
City : Rockville State : MD Zip Code : 20852
Performance Report