Reasons for Denial
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Mortgage
These fields identify why an application was denied. As many as three reasons may be reported. Recording reasons for denial is optional, except for institutions supervised by the Office of Thrift Supervision (OTS)* or the Office of the Comptroller of the Currency (OCC).
* Requirement of reporting reasons for denial for OTS only applies for years 2010 and prior.
- — Home Mortgage Disclosure Act (HMDA) Glossary retrieved 2014-05-16