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#2219764 - 08/15/19 01:34 PM AUS Results for LP
tedster Offline
100 Club
tedster
Joined: Jul 2006
Posts: 108
Philadelphia
Which AUS results do you report when using Loan Prospector / Loan Product Advisor (LP)? We have been using "Risk Class" results, but some of the underwriters think we should be using the "Purchase Eligibility" results also, since there are now Accept/Eligible and Accept/Ineligible options for 2019 HMDA reporting.

We have previously only been using the "risk class" results, since that refers to the underwriting. Any thoughts or guidance?
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#2219780 - 08/15/19 04:50 PM Re: AUS Results for LP tedster
Mountaineers_Fan Offline
100 Club
Joined: Jun 2018
Posts: 100
The 2019 FIG says that LP results should be codes:
8 Accept
9 Caution
10 Ineligible
11 Incomplete
12 Invalid
13 Refer

https://s3.amazonaws.com/cfpb-hmda-public/prod/help/2019-hmda-fig.pdf

Bottom of page 103

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#2219788 - 08/15/19 06:03 PM Re: AUS Results for LP tedster
tedster Offline
100 Club
tedster
Joined: Jul 2006
Posts: 108
Philadelphia
Thanks!
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#2225454 - 11/12/19 05:46 PM Re: AUS Results for LP tedster
Cheli Offline
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Cheli
Joined: May 2013
Posts: 919
Nvm...
Last edited by Cheli; 11/12/19 07:15 PM.
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