Approved-not Accepted - Values for Costs,Fees,etc?

Posted By: Help! Compliance

Approved-not Accepted - Values for Costs,Fees,etc? - 04/22/22 03:14 PM

For HMDA...When an application is approved-not accepted, do we report NA for Total Loan Costs, Total Points & Fees, Origination Charges, Discount Points, and Lender Credits...or are we supposed to report the values on the latest LE/Initial CD? Thanks!
Posted By: Dan Persfull

Re: Approved-not Accepted - Values for Costs,Fees,etc? - 04/22/22 04:51 PM

do we report NA for Total Loan Costs, Total Points & Fees, Origination Charges, Discount Points, and Lender Credits - if the action taken code is 2, 3, 4, 5, 7 or 8 report NA.
Posted By: Help! Compliance

Re: Approved-not Accepted - Values for Costs,Fees,etc? - 04/22/22 05:10 PM

Thanks!