Posts Tagged “Occ”

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McClatchy Washington Bureau

Modified Loans Quick to Re-Default, Overall Mortgage Performance DeclinesJournal of AccountancyThe OCC and OTS Mortgage Metrics Report, Third Quarter 2009 includes data from reporting institutions servicing about 34 million first-lien mortgage loans, …OTS and OCC Report Another Uptick in Mortgage Delinquencies, But… MortgageNewsDaily.comOnly 24% of Eligible Getting Mortgage Modifications eCreditDaily.comMortgages Keep Falling Behind in Q309 Housing Wire creditfyi.com  - Fresno Bee  - Las Vegas Sunall 48 news articles »

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webmaster@technorati.com wrote an interesting post today on
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Merced Sun-Star

OTS and OCC Report Another Uptick in Mortgage Delinquencies, But…MortgageNewsDaily.comBecause of this time requirement and the age of the program, only 781 loans had been permanently modified under HAMP by the end of the third quarter. …Only 24% of Eligible Getting Mortgage Modifications eCreditDaily.comMortgages Keep Falling Behind in Q309 Housing WireMortgage Modification Program Continues to Grow creditfyi.com Fresno Bee  - Las Vegas Sun  - MiamiHerald.comall 47 news articles »

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News Sources wrote an interesting post today on
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“Still, J.P. Morgan has more capital than most of its peers, O’Connor noted. And those rivals likely struggled more in the third quarter. Citigroup , which reports on Thursday, is expected to lose 21 cents a share in the third quarter, according to the average estimate of 17 analysts polled by Thomson Reuters. Citigroup had more than $67 billion of credit card loans that weren’t covered by a government guarantee at the end of June, according to KBW analyst David Konrad. Potential losses on

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News Sources wrote an interesting post today on
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The Office of the Comptroller of the Currency (OCC) and the Office of Thrift Supervison’s (OTS) Mortgage Metric Report for the second quarter of 2009 has been released (rather quietly might we add), and while many aspects of the report were widely expected, there was one new inclusion that particularly caught our attention. In early September we warned that the pending resets of interest-only adjustable-rate mortages (ARMs) posed a significant threat to the long-term recovery of the hous

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News Sources wrote an interesting post today on
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It ended up being a late night for me last night and I wasn’t up to commenting much on the latest Mortgage Metrics Report from the Office of the Comptroller of the Currency. I thought however that the following two charts spoke volumes about loan modifications, so I thought I’d let them speak for themselves: [ Thanks L! ] Just off hand I’d say that for the most part, loan mods aren’t working out. What do you think?

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