Intercontinental Exchange Inc., released its “first look” at January mortgage performance, finding that foreclosure starts jumped by 30% and foreclosure sales rose by 25%.
Tag: ICE
ICE: 2024 Saw Softest Home Price Growth in Years; Mortgage Delinquencies Trending Higher
Home prices ended the year on an up note, but 2024 was the softest year for home price growth in more than a decade, according to Intercontinental Exchange.
ICE: September, October See Refinance Surge
Intercontinental Exchange Inc., Atlanta, released its Mortgage Monitor, finding that more than 300,000 refinances closed in September and October–the most in 2.5 years.
ICE First Look: Delinquencies Edge Up, but Foreclosure Activity Still Low
Intercontinental Exchange Inc., Atlanta, provided its first look at October mortgage performance, finding that the delinquency rate hit 3.45% in October, up 6% from October 2023.
ICE: Record Levels of Tappable Equity in Q3
Intercontinental Exchange Inc., Atlanta, reported that mortgage holders at the end of the third quarter held $17.2 trillion in equity. Of that, $11.2 trillion was deemed tappable–meaning it can be borrowed against with the homeowner still maintaining a 20% equity stake.
New Federal Guidelines for AVMs Elevate Bias Testing, Give Consumers a Stronger Voice–ICE’s Damien Weldon and John Holbrook
Decades after the first fair lending laws started to address discrimination in residential lending, regulators are now laser-focused on eliminating bias in the real estate valuation process.
ICE Mortgage Monitor: Monthly Payments Hit High Point in August
Intercontinental Exchange, Atlanta, released its mortgage monitor for October, finding that the average monthly payment hit a record of $2,070 in August, up $140 from 2023 and $399 since the start of 2020.
ICE’s Vicki Vidal: Preparing for the Proposed Regulation X Rule to Streamline Loss Mitigation
Adding to the significant changes in loss mitigation products and policies this year, the Consumer Financial Protection Bureau has published a proposed rule that revamps the current loss mitigation rules.
ICE Mortgage Monitor: Tappable Equity Hits Record $11.5 Trillion
Mortgage holders’ equity levels continue to reach new heights, according to Intercontinental Exchange, Inc.
ICE First Look: Calendar-Driven Spike in Delinquencies in June; Foreclosures Remain Historically Low
Coming off a near-record low in May–and with June ending on a Sunday–the national delinquency rate increased to 3.49%, its second-highest level in 18 months, according to Intercontinental Exchange.