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#972622 - 06/10/08 08:11 PM Action Taken Date
HMDA Specialist Offline
Member
Joined: Mar 2008
Posts: 78
If I have an originated loan that was approved by the underwriter on this day but the closing is 3 days after the approval: What is the action taken date, the approval date or the closing date?

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#972631 - 06/10/08 08:17 PM Re: Action Taken Date HMDA Specialist
Dan Persfull Offline
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Dan Persfull
Joined: Aug 2002
Posts: 47,529
Bloomington, IN
Your final action date (origination) will occur on the closing date. See Date of action taken on page 13 of the GIR.
_________________________
The opinions expressed are mine and they are not to be taken as legal advice.

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#972645 - 06/10/08 08:31 PM Re: Action Taken Date Dan Persfull
HMDA Specialist Offline
Member
Joined: Mar 2008
Posts: 78
Thank's

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