---
title: "HMDA: Approved But Not Accepted"
description: "Understanding HMDA's Code 2 - Application Approved but Not Accepted: Get insights on reporting challenges and differences with Regulation B, explained in detail."
---

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# [HMDA: Approved But Not Accepted](https://blog.bankerscompliance.com/en/hmda-approved-but-not-accepted)

 Written by [David Dickinson](https://blog.bankerscompliance.com/en/author/david-dickinson) | Nov 25, 2024 5:47:38 PM

When it comes to [HMDA](https://www.consumerfinance.gov/compliance/compliance-resources/mortgage-resources/hmda-reporting-requirements/) reporting, one of the action taken codes that gives institutions some trouble is Code 2 - Application Approved but not Accepted (ANA). The reason is that “approved” means the applicant is fully approved (i.e., all verifications have been received and the applicant is cleared to close). In other words, the applicant has met all underwriting and creditworthiness conditions. These are different than conditions related to the property (aka customary commitment and closing conditions). Then to top it all off what you are required to report for [HMDA](https://ffiec.cfpb.gov/) might not match up with the action taken for Regulation B (Equal Credit Opportunity Act) reasons.

David explains more in the video.

[ HMDA Resources!  ](https://cta-service-cms2.hubspot.com/web-interactives/public/v1/track/click?encryptedPayload=AVxigLJNd0BupCtPVlAtzEmajgbL6CLEOq0AmcnrzmzF%2FCsAZqLA98x01Wan9PvAukkHdbyH5a%2FiqM%2FtTWReS9AdJaHwMXBmqmB92oGNP1hvbNHxyE7dCKPCIUe4%2B3Wh%2Bm1lWfVBF6Jp71kRKNX%2F%2BS%2Fj29Rgu90%2Fb2c8H%2Fmz51RkczdEsZBvCWc4vIqnLa8my60YLV6jfpIFgVDJit6JGvFgAWlMoqW%2BU6k%3D&portalId=21201105) 

Published  
2024/11/25

[View full post](https://blog.bankerscompliance.com/en/hmda-approved-but-not-accepted)

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