Top 5 cities where safety is not a question

Top 5 cities where safety is not a question

Number one shouldn't be a shocker

Where's Watt?

FHFA scorecard should be marked tardy

Rentership society? Insider trading on Russian sanctions?

What We're Reading: The Good Friday edition

Items Tagged with 'OCC'


Did the foreclosure rate really get cut in half?

Yes, according to OCC data
March 27, 2014
The percentage of early stage delinquencies, 30 days+ overdue, is 2.6%, down 8.7% from a year ago and the lowest level at year-end since reporting began in January 2008. But the really big changes concern foreclosures.
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3 security concerns when working with third-party vendors

OCC: Vendor relationships create added risks
March 5, 2014

As more lenders turn to third parties, regulators are emphasizing the importance of gauging the potential risks involved. While relying on vendors is not bad, it is adding new weaknesses into the system.

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Why the OCC is worried about looser lending standards

New data shows lenders growing less reluctant
January 30, 2014
The Office of the Comptroller of the Currency points out in its 19th Annual Survey of Credit Underwriting that OCC bank examiners studying banks noted an easing of underwriting standards in recent months.
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EXCLUSIVE: Sue Allon parts ways with Stewart Lender Services

Industry insider calls recent acquisition a fire sale
January 22, 2014
Just six months after Stewart Lender Services acquired key assets of Allonhill, Sue Allon exited the company before the ink on her business cards could even dry.
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OCC believes banks might be gambling again

Report cites increased risk-taking in slow economic growth environment
December 19, 2013
The Fed may be tapering its monthly asset purchases – and economic data may be showing some signs of improvement – but the Office of the Comptroller of the Currency is telling national banks and federal savings to be careful of excessive risk taking in the new year.
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Payday lending critics bark up the wrong tree

While CFPB searches for solutions, big banks hidden role becomes clear
December 18, 2013
While a 5% mortgage rate appears astoundingly high, some payday loans easily hit the hundred-percent interest range. But are activists barking up the wrong tree in trying to fix this sky high rate problem?
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Outside examiners evaluate the OCC for a change

Fire a warning shot about experienced examiners retiring
December 5, 2013
The Office of the Comptroller of the Currency spends its days overseeing national banks and federal thrifts, but a new report is giving the regulator a little advice on how to improve its own operations.
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Fed proposes minimum liquidity requirements for big banks

October 24, 2013
For the first time in its regulatory history, the Federal Reserve Board is proposing a rule that would create a standardized, minimum liquidity requirement for banks deemed systemically important.
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Southern community banks perform well, despite lingering risks

Competition weighs on banks that picked up mortgage lending activity
September 25, 2013
Home values and housing activity picked up across Southern communities, benefiting community banks in the region. But these trends are in large part due to the area's vibrant oil and gas industry and other economic indicators, the Office of the Comptroller of the Currency claimed in a new report.
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TD Bank to pay $52.5 million following SEC charges

Ponzi scheme puts former executive in prison for 50 years
September 23, 2013
Canadian-based Toronto-Dominion Bank, along with a former executive, was charged on Monday with violating securities laws linked to a massive South Florida ponzi scheme.
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