The Office of the Comptroller of the Currency is opening a new Financial Technology office to add expertise to the department, allowing them to better adapt to modern markets.
Read More »CFPB Releases New Thresholds
Adjusting the exemption amounts for special appraisal requirements, the CFPB, Federal Reserve, and the Office of the Comptroller of the Currency have revised dollar thresholds to match wage increases as measured by the CPI-W.
Read More »Q2 First-Lien Mortgage Performance Improves YoY
Despite rising prices and speculation about looming recession, the Office of the Comptroller of the Currency reports that the performance of first-lien mortgages held by the federal banking system improved throughout the course of Q2 2022.
Read More »Q1 Mortgage Performance Makes Strides
New data from the first quarter continues to roll in as the Office of the Comptroller of the Currency (OCC) reported that the performance of first-lien mortgages in the federal banking system improved during the first quarter of 2022 by ...
Read More »White House Aims to Advance Equity in the Appraisal Process
The PAVE Action Plan is aimed at advancing equity in the appraisal process and promoting generational wealth creation through homeownership.
Read More »