In One Way, the U.S. Mortgage Market Looks Just Like It Did in 2007

National Mortgage News, July 1, 2016–Wack, Kevin

In the first quarter, 94.9% of the residential mortgages serviced by seven big banks were current and performing, according to a report released Friday by the Office of the Comptroller of the Currency. That percentage compared to 94.4% in October 2007, when the OCC first reported the data.