Axos Financial, Inc. Investor Presentation slide image

Axos Financial, Inc. Investor Presentation

Monitoring & Management Oversight: Core Products Single Family Residential > Portfolio level monitoring with individual loan reviews completed on an exception basis (e.g., delinquency, FICO/LTV degradation). FICO pulled twice a year > Updated AVMs twice a year > Super jumbo loans receive complete annual loan review, including updated credit report > Pledged assets receive refreshed CLTV ratios on a semiannual basis Portfolio-level review performed quarterly > Commercial Specialty Loan reviews at least quarterly > Project updates at least quarterly > Updated financials at least annually Site visits & inspections for development projects Note: Lists are a sampling and are not purported to be comprehensive. axos Income Property Lending Risk based annual loan review process, with 4 levels depending on financial performance & risk triggers > Updated financials at least annually > FICO pulled twice a year > Updated AVMs twice a year Updated credit report and property inspections requested based on risk triggers Classified loans receive quarterly review > Portfolio-level review performed quarterly > Stress testing performed twice a year C&I Loan reviews at least quarterly > Updated financials at least quarterly - Lender Finance > Borrowing base / custodial reports at least monthly Continuous collateral analytics, with quarterly validation 26
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