Darrin Benhart, Deputy Comptroller for Credit and Market Risk, Office of Comptroller of the Currency (OCC) said in a speech on Wednesday that the banking industry has a good deal of data to be optimistic about. But, he told the Mortgage Bankers Association’s Risk Management and Quality Assurance Forum his purpose was not to talk about opportunities but rather about risk.
via Mortgage Lending Faces Big Risks From 2nd Liens, Delinquencies, and Higher Rates.
