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Tag Archives: OCC

How Are Mortgages Performing in 2018?

mortgage loans performance

A new report from the Office of the Comptroller of the Currency examines mortgage performance as of Q1 2018. Click through to learn more about current foreclosure rates, prevention actions, and other data crucial to the servicing landscape.

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Lawmakers React to Wells Fargo Fine

Wells Fargo will pay CFPB and OCC a billion dollars in fines for overcharging car insurance and mortgage loan consumers. Here’s what lawmakers from both sides are saying.

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Federal Agencies Encourage Community Reinvestment in Puerto Rico

The economic concerns following the destruction of Hurricane Maria stretch further than the islands. As some states are faced with an influx of refugees putting a strain on their housing market, the federal agencies step in to address the issues at hand.

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OCC Allows Banks and Associations Affected by Wildfires to Close

On Thursday, the Office of the Comptroller of the Currency (OCC) issued a proclamation allowing national banks and federal savings associations affected by the California wildfires to close. Toney M. Bland, Senior Deputy Comptroller, Midsize and Community Bank Supervision issued ...

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Acting Comptroller of the Currency Addresses Amendments to HMDA

The Office of the Comptroller of the Currency (OCC) issued a bulletin on Tuesday to publicize key fields—which examiners will use to validate the accuracy and reliability of home mortgage loan data collected. These key fields, which are intended for ...

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Bettering the Future of Online Lending

The second annual Online Lending Policy Summit commenced on Monday as Acting Comptroller of the Currency Keith A. Noreika spoke to the audience about current policy challenges, opportunities for growth, and what the OCC is doing to better online lending.

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The Week Ahead: Senate Committee Vote on Comptroller of the Currency

Next Thursday, September 7, the Senate Banking Committee on Banking, Housing, and Urban Affairs will convene to hold an executive session to vote on the nominations of Joseph Otting to be Comptroller of the Currency, and the Honorable Randal Quarles to be member of the Board of Governors of the Federal Reserve and Vice Chairman for the supervision of the board of governors.

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