According to the latest ICE Mortgage Monitor (formerly Black Knight), the national delinquency rate eased to 3.34% in February, an 11 basis point improvement over last year. In addition serious delinquencies fell to their lowest level in three months, while foreclosure starts, sales and inventory were all down on both a monthly and annual basis. The ICE Mortgage Monitor provides a view of the current mortgage market, including loan-level performance, home price trends data, secondary market metrics and public records.
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Click here to read the full report at ICE Mortgage Technology (formerly Black Knight).