A total of 6,000 foreclosure sales were completed in February, a 9% decrease from January and the second-lowest level in the previous 12 months.
Tagged: ICE Mortgage Technology
Holtz most recently served as vice president of demand marketing and communications for ICE Mortgage Technology.
Record-breaking FTHB activity in 2023 sparks performance risk worries for mortgage-backed securities, urges industry adaptation to evolving market dynamics.
National delinquency rate drops 5.48% while foreclosure starts increase.
Intercontinental Exchange, Inc. data reveals a 5% drop in income share for median home purchases, alongside rising home equity and increased refinance incentives, signaling a more favorable real estate environment.
Unusual Sunday month-end contributes to delinquency increase; serious delinquencies dip, foreclosures reach 18-month low, and prepayments rise in housing market.
Annual home price surge balanced by recent moderation; improved affordability boosts purchase demand amidst holiday dip.
National delinquency rates show slight increase but remain low, as FHA and VA loans face rising delinquencies; GSE mortgages stay resilient amid overall positive mortgage performance trends.
High interest rates are compressing usage by 55% or $54B.
ICE Nov. 2023 Mortgage Monitor Report says all factors ‘hammer affordability.’