OCC Reports Mortgage Performance for Third Quarter of 2025 — 2025-12-15

WASHINGTON—The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the third quarter of 2025. The OCC Mortgage Metrics Report, Third Quarter 2025 showed that 97.4 percent of mortgages included in the report were current and performing at the end of the quarter, remaining unchanged from 97.4 percent one year earlier. The percentage of seriously delinquent mortgages – mortgages that are 60 or more days past due and all mortgages held by bankrupt borrowers whose payments are 30 or more days past due – also remained unchanged from the third quarter of 2024. Servicers initiated 7,903 new foreclosures in the third quarter of 2025 showing an increase from the previous quarter and an increase from a year earlier. Servicers completed 8,190 modifications during the third quarter of 2025, a 2.7 percent decrease from the previous quarter’s 8,419 modifications.