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.
Tag: ICE

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.

ICE: Mortgage Performance Remains Strong in May First Look
Intercontinental Exchange, Atlanta, released a first look at May mortgage data, finding the national delinquency rate fell to the second lowest point on record.

ICE Mortgage Monitor: Q1 Sees Record Levels of Tappable Equity
Intercontinental Exchange Inc., Atlanta, released its ICE Mortgage Monitor report for May, finding that homeowners with mortgages closed out the first quarter with a record $16.9 trillion in equity–$11 trillion of which was tappable.