Does anyone know if Reg B requires a separate denial be sent to each applicant - or are you only required to send denial to main applicant?

Regulation B

Sec. 202.9 Notifications.

(f) Multiple applicants. When an application involves more than one applicant, notification need only be given to one of them, but must be given to the primary applicant where one is readily apparent.

Just don't confuse Reg. B requirements with FCRA. We have had several of these discussions in the past so a search would reveal several in-depth threads.

Bottom line, if credit was used as a reason, those whose reports were derogatory or otherwise contributed to the denial need an FCRA notice even if they do not get their own AAN.

Andy is correct, you need to also consider FCRA.

Try this link on BOL

http://www.bankersonline.com/articles/v05n14/v05n14a2.html