Unusual Sunday month-end contributes to delinquency increase; serious delinquencies dip, foreclosures reach 18-month low, and prepayments rise in housing market.
Tagged: ICE Mortgage Technology
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.’
Intercontinental Exchange report highlights increase in early-stage delinquencies and serious overdue loans, while foreclosures see a significant decline.
Amid rising interest rates, home prices have continued to surge, with the nation's major markets setting new peaks, and mortgage origination being dominated by purchase loans.
Rescheduled for September to allow federal court to rule on injunction first.
Politico report says FTC has antitrust concerns, may file lawsuit opposing acquisition.
ICE Mortgage Technology announced that MERSCORP Holdings Inc., an electronic loan registry for the mortgage industry, is expanding its capabilities to now include industry-wide, secure storage of Remote Online Notarization (RON) videos.