Savings associations and other lenders required to file Home Mortgage Disclosure Act Loan Application Registers with the OCC in accordance with 12 CFR part 203 must enter the reason for denial, using the codes provided in 12 CFR part 203, with respect to all loan denials.

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Terms Used In 12 CFR 128.6

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.