OFG Bancorp OFG Delinquent loans booked under the GNMA buy-back option
Delinquent loans booked under the GNMA buy-back option at other companies
Other financials
Where this comes from
Reported directly by OFG Bancorp in its filing.
Tagged under the XBRL concept ofg:LoansBookedUnderGnmaBuyBackOption.
The official record: OFG Bancorp’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is OFG Bancorp's delinquent loans booked under the GNMA buy-back option?
- OFG Bancorp (OFG) reported delinquent loans booked under the GNMA buy-back option of $54.36M in Q1 2026.
- How has OFG Bancorp's delinquent loans booked under the GNMA buy-back option changed year-over-year?
- OFG Bancorp's delinquent loans booked under the GNMA buy-back option increased by 21.7% year-over-year, from $44.67M to $54.36M.
- What does delinquent loans booked under the GNMA buy-back option mean?
- This metric quantifies the volume of delinquent loans that the company has repurchased from Ginnie Mae (GNMA) pools under specific buy-back options. It reflects the bank's obligation to absorb credit risk on securitized loans that have become non-performing. High levels of buy-backs can indicate underlying weakness in the mortgage servicing portfolio.