The hole fuss about OCC foreclosure is true, but we’re not talking about Orange County Choppers, the American company specialized in customizing motorcycles. The OCC acronym also stands for Comptroller of the Currency which indeed is bankrupt. An article in Huffington Post speaks about the OCC foreclosure: “The FDIC has been pushing to impose new requirements on the operations of those divisions, which are known as mortgage servicers. The agency has been engaged in heated negotiations with other regulators at the Federal Reserve and the Office of the Comptroller of the Currency (OCC).”
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