Mortgage performance at national banks improved slightly in the second quarter, and seriously delinquent loans were at their lowest level in three years, the Office of the Comptroller of the Currency said Thursday.

The percentage of mortgages that were current or performing was 88.7% at the end of the quarter, compared with 88.1% a year earlier and 88.9% in the first quarter, the agency said in its quarterly mortgage metrics report.

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