{"id":27010,"date":"2011-06-30T15:34:38","date_gmt":"2011-06-30T15:34:38","guid":{"rendered":"http:\/\/127.0.0.1\/site\/2017\/2\/1985\/report_troubled_mortgages_still_plague_banks\/"},"modified":"2011-06-30T15:34:38","modified_gmt":"2011-06-30T15:34:38","slug":"report_troubled_mortgages_still_plague_banks","status":"publish","type":"post","link":"https:\/\/kendallharmon.net\/?p=27010","title":{"rendered":"Report: Troubled Mortgages Still Plague Banks"},"content":{"rendered":"<p>The nation\u2019s banks are holding a much higher rate of defaulted mortgages on their books than mortgage giants Fannie Mae and Freddie Mac, according to <a href=\"http:\/\/www.occ.treas.gov\/news-issuances\/news-releases\/2011\/nr-ia-2011-82.html\">a report released Wednesday by the Office of the Comptroller of the Currency<\/a>, which regulates national banks.<\/p>\n<p>The report said that some 19.7% of mortgages held in banks\u2019 portfolios were delinquent at the end of March. By contrast, nearly 6.8% of mortgages backed by mortgage giants Fannie Mae and Freddie Mac were nonperforming, and 11.4% of all mortgages that are serviced by banks.<\/p>\n<p><a href=\"http:\/\/blogs.wsj.com\/developments\/2011\/06\/29\/report-troubled-mortgages-still-plague-banks\">Read it all<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The nation\u2019s banks are holding a much higher rate of defaulted mortgages on their books than mortgage giants Fannie Mae and Freddie Mac, according to a report released Wednesday by the Office of the Comptroller of the Currency, which regulates<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/kendallharmon.net\/?p=27010\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":794,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[40,589,149,600,583,586,585,596],"tags":[],"class_list":["post-27010","post","type-post","status-publish","format-standard","hentry","category-economics-politics","category-corporationscorporate-life","category-economy","category-housingreal-estate-market","category-the-2009-obama-administration-bank-bailout-plan","category-the-2009-obama-administration-housing-amelioration-plan","category-the-banking-systemsector","category-the-credit-freeze-crisis-of-fall-2008the-recession-of-2007"],"_links":{"self":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/27010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/users\/794"}],"replies":[{"embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27010"}],"version-history":[{"count":0,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=\/wp\/v2\/posts\/27010\/revisions"}],"wp:attachment":[{"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/kendallharmon.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}