Be sure to JOIN US on May 28, 2020, for our webinar, “HMDA Action Taken“
When it comes to HMDA, there is a lot of confusion when reporting the type of action taken, especially, when it comes to the Approved Not Accepted code. To understand when you should report Approved Not Accepted you need to understand terms such as “underwriting or creditworthiness conditions” and “customary commitment or closing conditions”.
Click on the video to listen to David explain more.
We have a “HMDA Action Taken” webinar coming up on June 25, 2019, where we will get into all the HMDA Action Taken codes and get into the weeds on the more complicated ones, like Approved Not Accepted. We hope you will join us!
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