Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Mortgage performance improves
The OCC has released its Mortgage Metrics Report for the second quarter 2016. Performance of first-lien mortgages improved during the second quarter of 2016 compared with a year earlier. The report indicates 94.7 percent of mortgages included in the report were current and performing at the end of the quarter, compared with 93.8 percent a year earlier. It also showed that foreclosure activity has declined. Reporting servicers initiated 48,732 new foreclosures during the second quarter of 2016, a 31.1 percent decrease from a year earlier.
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