Update to Automatic Extensions on Delivered Loans

Effective for extensions beginning August 17, 2026, Gateway will continue to automatically extend eligible delivered loans that have not been purchased by the applicable expiration date, with the following updates:

General

• Loans will continue to automatically be extended seven (7) calendar days.

• Extension fees below are based on the Note Date and are effective for extensions processed on or after August 17, 2026.

• This automatic extension and corresponding fee assessment will repeat every seven (7) calendar days until the loan is purchased, up to a maximum of sixty (60) calendar days from the earlier of the original Lock Expiration Date or the Note Date.

• If all suspense conditions are not cured and the loan is not purchased within thirty (30) calendar days from the earlier of the Note Date or Loan Delivery Date, Gateway has the option of continuing to extend the loan as indicated above or in the event the loan is no longer eligible for purchase, return the loan file to the Client.

• If Released loan program overlays are not met (refer to Gateway Overlay Matrix) an LLPA of -0.250% may apply.

Action Required

Clients are encouraged to review their pended pipeline and clear all outstanding suspense conditions as soon as possible. With the updated extension fee schedule taking effect August 17, 2026, resolving conditions promptly and facilitating timely purchase will help Clients avoid additional extension fees and potential pricing adjustments.

Important: Automatic extensions and related fees do not waive any investor, program, or Gateway overlay requirements. Loans must continue to meet all eligibility requirements to remain eligible for purchase.

Please direct any questions to your Regional Sales Manager