Overall mortgage delinquencies increased modestly in May, but the rise was largely driven by calendar-related factors rather than broad-based deterioration in mortgage performance, the latest ICE First Look report said.
Tag: Cure Activity
ICE First Look: Delinquencies Hold Steady in April
Mortgage performance remained broadly stable from March to April, with the overall share of past-due loans unchanged and below pre-pandemic levels, ICE reported Tuesday in its monthly First Look report.
Seasonal Improvements Lowered Mortgage Delinquencies in March, ICE Reports
Mortgage delinquencies improved seasonally in March, with cure activity strengthening and prepayment speeds rising to their highest level in nearly four years, a new report from Intercontinental Exchange said.