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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.

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Q4 mortgage performance improves

The OCC has published the OCC Mortgage Metrics Report, Fourth Quarter 2018, which showed 95.8 percent of mortgages included in the report were current and performing at the end of the quarter, compared to 94.5 percent a year earlier. The report also showed that servicers initiated 29,515 new foreclosures during the fourth quarter of 2018­, a 3.5 percent increase from the previous quarter and a 14.5 percent decrease from a year ago. Servicers completed 20,256 mortgage modifications in the fourth quarter of 2018, and 73.2 percent of the modifications reduced borrowers’ monthly payments.

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