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#2272074 - 06/24/22 03:07 PM AUS Results
referwithcaution Offline
Junior Member
Joined: Feb 2022
Posts: 25
We are running into a compatibility issue within the Encompass and WIZ data transfer process. I have always reported Loan Prospector AUS Recommendation #1 as Accept/Eligible, as it is written similarly on the form from Freddie Mac. This codes as "18" but is not recognized by WIZ as being compatible.

My question is am I supposed to be listing the AUS Recommendation #1 and #2 as Accept for #1 and Eligible for #2? Does this also apply when a loan is approved/accepted by Fannie Mae? As it stands, we use the code of 1 and 1 for these situations, with no AUS Recommendation #2 being reported.

Please advise!

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#2272096 - 06/24/22 07:16 PM Re: AUS Results referwithcaution
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 46,839
Bloomington, IN
I'm not sure I'm following your question correctly so I will refer you to page 34, 35 & 36 in the 2022 HMDA GIR for the code references.

The large majority of our LPA results for Freddie will return an Accept therefore we report Code 2—Loan Prospector (LP) or Loan Product Advisor for Automated Underwriting System Information and Code 8—Accept for the Automated Underwriting System Result.
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The opinions expressed are mine and they are not to be taken as legal advice.

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#2272098 - 06/24/22 08:04 PM Re: AUS Results referwithcaution
MI_Gal Offline
New Poster
Joined: Feb 2022
Posts: 3
I agree with Dan. We report 2-Loan Prospector or Loan Product Advisor for the AUS System and 8-Accept for the AUS Result. (We also use HMDA WIZ)

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#2272117 - 06/27/22 01:38 PM Re: AUS Results referwithcaution
referwithcaution Offline
Junior Member
Joined: Feb 2022
Posts: 25
Thank you both!

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