OCC Reports Improvement in Overall Mortgage Performance
Industry Update
June 27, 2022
Source: Office of the Comptroller of the Currency
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.
The OCC Mortgage Metrics Report, First Quarter 2022 showed that 96.9 percent of mortgages included in the report were current and performing at the end of the quarter, compared to 94.2 percent a year earlier.
For full report, please click the source link above.