Mortgage performance up from a year ago

The premier event for luxury agents and brokers
Luxury Connect | Oct. 16-18 | Beverly Hills

The performance of first-lien mortgages serviced by eight national banks improved during the first quarter of 2015, with 94.2 percent of mortgages current and performing. According to the Office of the Comptroller of the Currency (OCC), this percent equates to a 1.1 percent increase in performance when compared to a year earlier — when the percentage stood at 93.1.