We have a loan the was approval back in February that has not closed yet due to title issues (judgement liens on the seller). The seller has not cleared the issues. I want to get this out of the pipeline. Is this an Approved - Rejected? If so, do I set the Action Date as the expiration date listed on the original commitment (March). Or is it a Denial due to ?? Unable to provide clear title, even though it's not their fault.
Any guidance would be appreciated.