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.
Tag: Prepayment activity
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.