Google+
  • Ocwen5.77-0.73 -11.23%
  • Zillow98.31+0.07 +0.07%
  • Trulia43.19-0.02 -0.05%
  • NationStar25.70+0.34 +1.34%
  • CoreLogic33.21-0.10 -0.30%
  • RE/MAX33.94-1.30 -3.69%
  • Fannie Mae2.270.00 0.00%
  • Freddie Mac2.150.00 0.00%
  • Wells Fargo52.76+0.60 +1.15%
  • CitiMortgage47.62+0.52 +1.10%
  • Bank of America15.43+0.23 +1.51%
  • Fidelity National Financial35.62-0.08 -0.22%
  • First American34.66+0.35 +1.02%
  • AUDUSD=X0.7778N/A N/A
  • USDJPY=X118.212N/A N/A
  • WP Stock Ticker
Home | Tag Archives: OCC

Tag Archives: OCC

Dallas Fed to Host Government Outreach Meeting on Regulatory Burdens February 4

wall-st-and-gov

Three government agencies – the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (FDIC) – have announced additional outreach meetings to discuss their collective effort to reduce regulatory burden placed on them by the Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA).

Read More »

Lawmaker Urges CFPB to Abandon Office Renovation Plans

Senate

Keeping in line with Republicans' promises of more scrutiny of the Consumer Financial Protection Bureau (CFPB), U.S. Representative Jeb Hensarling (R-Texas) has written a letter urging the CFPB to abandon plans to renovate its office building in favor of more cost-effective alternatives. Hensarling addressed the letter, dated January 12, 2015, to CFPB Director Richard Cordray, Comptroller of the Currency Thomas Curry, and U.S. General Services Administrator Daniel Tangherlini.

Read More »

OCC Report Shows Improvement in First-Lien Mortgages for Q3

money-steps

The OCC Mortgage Metrics Report, Third Quarter 2014, released Friday by the Office of the Comptroller of the Currency (OCC), showed improvement in the performance of first-lien mortgages serviced by seven national banks and one federal savings association. The report found that out of a portfolio totaling 23.6 million loans with a combined unpaid principal balance of about $4.0 billion (about 46 percent of residential mortgages in the U.S.), the percentage of current and performing mortgages increased both quarter-over-quarter (from 92.9 percent to 93.0 percent) and year-over-year (from 91.4 percent to 93.0 percent) in Q3.

Read More »

OCC: Loan Mods Lowered Monthly Payments for 91 Percent of Borrowers

cutting-money

More than 91 percent of borrowers nationwide who received mortgage loan modifications in the second quarter of 2014 had their monthly principal and interest payments reduced, while 56.1 percent of borrowers lowered their monthly payments by 20 percent or more, according to a report released earlier this week by the Office of the Comptroller of the Currency (OCC) regarding first-lien mortgages at large national and federal savings banks.

Read More »

OCC: Mortgage Performance Up, Foreclosures Down

house-sittingon-money1-300x198

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.

Read More »

OCC: Financial Industry Supervisors Need to ‘Remain Vigilant’

wall-st-and-gov

In speaking before the U.S. Senate Committee on Banking, Housing, and Urban Affairs earlier in the week, Comptroller of the Currency Thomas J. Curry said the overall financial condition of banks has improved since the passage of the Dodd-Frank Reform Act four years ago – but he believes that supervisors need to "remain vigilant."

Read More »
Scroll To Top