Form Occ 94 36 – Fill Out and Use This PDF

Form Occ 94 36 PDF Details

Delving into the realms of fair housing lending and bank regulation, the OCC 94-36 form stands as a critical document for financial institutions operating under the oversight of the Office of the Comptroller of the Currency (OCC). Designed to meticulously log lending inquiries and applications, this form serves as a cornerstone in upholding fair lending practices and compliance with regulatory standards. It contains sections for recording various details such as the bank and branch information, the person responsible for the form, and essential data on the inquiry or application. This includes the type of loan, applicant demographics, and the property that will secure the loan. The incorporation of specific codes for race, type of loan, and other categories ensures a standardized recording process, enhancing the accuracy and consistency of data collection. What sets this form apart is its dual function: it not only helps in monitoring compliance with fair lending laws but also facilitates a deeper analysis of lending patterns, potentially uncovering discriminatory practices. Thus, the OCC 94-36 form embodies a critical tool in promoting equity in housing finance, reflecting a concerted effort to monitor and improve the fairness of lending practices across the United States.