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BankersOnline.com Forums Dodd-Frank Final Rules Discussions HMDA Overhaul 2018 Expanded AUS Results
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#2201897 - 01/02/19 06:59 PM Expanded AUS Results
Cliff Johnson Offline
Junior Member
Joined: Sep 2015
Posts: 46
Data collected in 2018 had 17 reporting options for AUS Results and now data collected in 2019 and beyond have 25 options. This added exemptions for S2155 but also expanded the reporting options when the AUS is TOTAL or GUS. I'd greatly appreciate if anyone can point me to a reference or commentary that explains the need for the expansion. I've looked far and wide and have come up empty.

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#2201906 - 01/02/19 08:11 PM Re: Expanded AUS Results Cliff Johnson
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,396
Galveston, TX
I believe they just expanded to codes to more accurately match the results that the various underwriting systems produce rather than the bank always using the freeform entry.
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#2201940 - 01/03/19 11:23 AM Re: Expanded AUS Results Cliff Johnson
Cliff Johnson Offline
Junior Member
Joined: Sep 2015
Posts: 46
Makes sense. Thanks for the reply!

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