The Office of the Comptroller of the Currency’s Mortgage Metrics Report, Fourth Quarter 2020 showed the performance of first-lien residential mortgages in the federal banking system declined during that period.
The data is collected from seven national banks with large mortgage-servicing portfolios, including Bank of America, Citibank, HSBC, JPMorgan Chase, PNC, U.S. Bank, and Wells Fargo.
For details from the report, read on.