
ICE Mortgage Monitor: Record Levels of Home Equity, Falling Rates Drive Highest HELOC Withdraws Since 2008
U.S. mortgage holders carried a record $17.6 trillion in home equity entering the second quarter--with $11.5 trillion considered “tappable”--according to ICE Mortgage Technology, Atlanta.

Cotality: Mortgage Delinquencies Steady in March
Cotality, Irvine, Calif., released its Loan Performance Indicators, finding that delinquencies were flat in March on an annual basis.

Mixed Conditions for Single-Family Construction, Apartment Boost in Smaller Metros
Single-family construction registered modest gains in small metros and declines in large metros while apartment growth is shifting to counties with lower population densities, the National Association of Home Builders' Home Building Geography Index reported.