Tag: federal_banking_system
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Comptroller Gould Reflects on First Year, Outlines Vision for Modern Banking
Comptroller Jonathan V. Gould marked his first year, focusing on modernizing the federal banking system. He emphasized tailored regulation, fostering financial innovation, and strengthening the OCC's supervisory approach using technology to meet evolving financial needs and support economic growth.
BusinessPolitics and GovernmentScience & TechnologyEconomyBankingFederal GovernmentArtificial Intelligence Jonathan V. GouldOffice of the Comptroller of the CurrencyFederal Banking SystemFinancial RegulationFinancial InnovationEconomic GrowthBanking SupervisionOffice of the Comptroller of the Currency (OCC)
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OCC Reports Improved First-Lien Mortgage Performance in Q1 2026
The OCC's Q1 2026 report shows 97.7% of first-lien mortgages in the federal banking system are current and performing, a slight increase from 2025. Foreclosure initiations rose quarter-over-quarter, while loan modifications increased by 7.1%, with most being combination modifications.
BusinessPolitics and GovernmentEconomyBankingFederal GovernmentReal Estate Mortgage performanceFirst-lien mortgagesOCCFederal banking systemForeclosuresLoan modificationsQ1 2026Office of the Comptroller of the Currency (OCC)