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#2262166 - 11/05/21 02:14 PM Approved Not Accepted
Compliance Newbie Offline
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Joined: Jan 2015
Posts: 67
For Approved Not Accepted do we report the DTI and CLTV if this was known and used in credit decision? For Consumer and Commercial.

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#2262173 - 11/05/21 03:16 PM Re: Approved Not Accepted Compliance Newbie
Adam Witmer Offline
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Joined: Sep 2010
Posts: 2,612
Unless you are partially exempt, yes.

(23) Except for purchased covered loans, the ratio of the applicant's or borrower's total monthly debt to the total monthly income relied on in making the credit decision.

(24) Except for purchased covered loans, the ratio of the total amount of debt secured by the property to the value of the property relied on in making the credit decision.
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Adam Witmer, CRCM

All statements are my opinion, not those of my employer, and should not be taken as legal advice.
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#2262177 - 11/05/21 03:36 PM Re: Approved Not Accepted Adam Witmer
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Joined: Jan 2015
Posts: 67
Thank you.

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