News release: “The Office of the Comptroller of the Currency and the Office of Thrift Supervision are expanding the scope of the mortgage performance data gathered from national banks and thrifts to include additional information on the affordability and sustainability of loan modifications. The additional data will show how loan modifications changed the total amount of borrowers’ monthly principal and interest payments in 2008. The next edition of the agencies’ joint Mortgage Metrics Report, scheduled for release next month, will review categories of loan modifications that:

• Increased borrowers’ monthly principal and interest payments.
• Brought no change to payments.
• Reduced payments by 10 percent or less.
• Reduced payments by more than 10 percent

See OTS 09-008A – Mortgage Metrics Data Dictionary, January 2009, and also related postings on financial system