FOR IMMEDIATE RELEASE
February 14, 2019
Contact: William Grassano
Revised Data Released for Stress Tests
WASHINGTON — The Office of the Comptroller of the Currency (OCC) today released a revised dataset for use by covered institutions in the upcoming 2019 stress tests.
The previously released dataset contained an incorrect value for the mortgage rate in the fourth quarter 2018. The updated dataset contains the corrected data point of 4.8 percent rather than the previously published 4.6 percent mortgage rate for that quarter.
The OCC works with the Board of Governors of the Federal Reserve System (FRB) to develop and distribute the stress test scenarios. The FRB also has issued corrected data.
# # #