OCC: Mortgage performance improves in third quarter

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OCC Reports Mortgage performance improvement continues WASHINGTON – The performance of first-lien mortgages serviced by seven national banks and one federal savings association improved in the third quarter of 2014, according to a report released today by the Office of the Comptroller of the Currency (OCC).

12/29/2010 — OCC and OTS Report Shows Mortgage Performance Steady in Third Quarter of 2010, Includes New State-Level Data Release 2010-150 | PDF 09/24/2010 — OCC and OTS Release Mortgage Metrics Report for Second Quarter of 2010

Mortgage servicers initiated 45,495 new foreclosures in the fourth quarter – a decrease of 5.1% compared with the third quarter and a decrease of 28.2% compared with the fourth quarter of 2015, according to the OCC’s data. As first-lien mortgage performance improves, the number of loss mitigation actions declines.

We have been the largest non-bank servicer for the past three years running and we are currently the third largest servicer in the United States. We provide customer centric mortgage. and improves.

The number of homes in foreclosure fell sharply in the third quarter as fewer and fewer borrowers fell behind on their mortgages, according to a report released Monday by the Office of the Comptroller of the Currency. More than 91% of mortgages were current and performing at the end of the third.

In the last reported quarter, this Bethesda, MD-based mortgage real estate investment. In fact, the company’s efforts to improve hedge portfolio and reduce duration gap will support its.

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The OCC Mortgage Metrics Report, Third Quarter 2015, showed 93.9 percent of mortgages included in the report were current and performing at the end of the quarter, compared with 93.0 percent a year earlier. The percentage of mortgages that were 30 to 59 days past due was 2.3 percent of the portfolio, a 4.4 percent decrease from a year earlier.

The OCC Mortgage Metrics Report, Third Quarter 2016, showed 94.8 percent of mortgages included in the report were current and performing at the end of the quarter, compared with 93.9 percent a year earlier.

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.

The OCC Mortgage Metrics Report for the Third Quarter of 2013 indicates that strengthening economic conditions, servicing transfers of home mortgages, home retention efforts, and home forfeiture actions contributed to improved performance of home mortgages in the third quarter of 2013.

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