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#2283187 - 04/07/23 10:17 PM HMDA - Closing Condition refused - Action Taken?
Help! Compliance Offline
100 Club
Joined: Oct 2012
Posts: 155
San Antonio, TX
An application was reported with the Action Taken of 2-Approved-not accepted. All was going well until just before closing when the applicant was told they would be required to pay their outstanding property taxes at closing with some of the proceeds. They refused and canceled the closing. We checked again later, and the taxes were still not paid. With this being more of a refusal to comply with a closing condition, are we okay with reporting the the application as we did? Note there was no AAN created and sent. Thanks!

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HMDA

#2283190 - 04/08/23 12:15 PM Re: HMDA - Closing Condition refused - Action Taken? Help! Compliance
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 84,564
Galveston, TX
Sounds approved not accepted to me.
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