• Ocwen2.71+0.04 +1.50%
  • Zillow42.87-0.36 -0.83%
  • Trulia47+0 +0%
  • NationStar17.37-0.19 -1.08%
  • CoreLogic41.81+0.10 +0.24%
  • RE/MAX55.25-0.40 -0.72%
  • Fannie Mae2.81+0.08 +2.93%
  • Freddie Mac2.675+0.055 +2.099%
  • Wells Fargo53.02-0.72 -1.34%
  • CitiMortgage61.07+0.37 +0.61%
  • Bank of America24.00-0.07 -0.29%
  • Lennar50.39-0.60 -1.18%
  • Fidelity National Financial40.39-0.08 -0.20%
  • D.R. Horton33.07-0.18 -0.54%
  • PulteGroup22.75-0.27 -1.17%
  • First American41.66-0.40 -0.95%
  • BKFS39.10+0.20 +0.51%
  • AUDUSD=X0.7384+0.0006 +0.0745%
  • USDJPY=X113.2800-0.5410 -0.4753%
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Home >> Tag Archives: OCC (page 4)

Tag Archives: OCC

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OCC Head Emphasizes Innovation in Finance

OCC Head Emphasizes Innovation in Finance

In his speech at the American Banker Retail Banking Conference in Las Vegas today, Comptroller of the Currency Thomas Curry spoke to the importance of innovation in the financial services industry–especially amidst the constantly changing technological environment.

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OCC Head Shoots Down Volcker’s Plan

OCC Head Shoots Down Volcker’s Plan

Last week, former Federal Reserve Chairman Paul Volcker had proposed a plan for overhauling the federal regulatory system—one that included eliminating the Office of the Comptroller of the Currency (OCC) altogether. Since dubbed the “Volcker plan,” the head of the OCC, Thomas Curry, has come out against the proposal, saying it would be ineffective at solving the nation’s regulatory issues.

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Florida Bank Closes in First Failure of 2015

Florida Bank Closes in First Failure of 2015

The closure, announced jointly by the Office of the Comptroller of the Currency (OCC) and FDIC, comes after years of increased scrutiny from regulators. OCC first filed a consent order against the Crestview bank in 2010, demanding operational changes after it uncovered what the agency called "unsafe and unsound banking practices."

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Mortgage Performances Improve in Q3

Mortgage Performances Improve in Q3

The latest data from OCC shows that out of a portfolio totaling 23.6 million loans with a combined unpaid principal balance of about $4.0 billion (about 46 percent of residential mortgages in the U.S.), the percentage of current and performing mortgages increased both quarter-over-quarter (from 92.9 percent to 93.0 percent) and year-over-year (from 91.4 percent to 93.0 percent) in Q3.

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