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Tag Archives: Mortgage Performance

BNY Mellon Sees Jump in Earnings for Q3

With new leadership and new earnings in the third quarter, Bank of New York Mellon Corp. reports a net income of $983 million.

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OCC: Mortgage Performance Up, Foreclosures Down

The Office of the Comptroller of the Currency (OCC) reported that 92.9 percent of mortgages nationwide were performing as of the end of June, according to the OCC Mortgage Metrics Report, Second Quarter 2014. The number of performing mortgages increased slightly from Q2 2013, when 90.6 percent of mortgages were reported as performing.

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Current Mortgage Performance Rate Rises to 93%

Mortgage performance is on the rise, and foreclosures are on the decline at the nation’s largest banks, according to the first-quarter Mortgage Metrics Report from the Office of the Comptroller of the Currency (OCC). Representing 48 percent of outstanding first-lien residential mortgages, the OCC report includes data on mortgages at the nation’s seven largest servicers, based on portfolio size, and one federal savings association.

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Mortgage Performance Improves in Q4 2013

Mortgage Debt Relief

The Office of the Comptroller of the Currency (OCC) released a report Thursday, highlighting the performance of first-lien mortgages serviced by large national and federal banks continued to improve in the fourth quarter of 2013. The OCC Mortgage Metrics Report for the Fourth Quarter of 2013 found 91.8 percent of mortgages were currently performing, up slightly from 91.4 percent in Q3 2013.

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