According to the latest ICE Mortgage Monitor (formerly Black Knight), mortgage delinquencies spiked in June, rising by 14.5% (+45 basis points) to 3.49%, the second highest level in 18 months. However, they say the number of loans in active foreclosure hit the lowest point since the end of COVID-era moratoria. 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.
Click here to read the full report at ICE Mortgage Technology (formerly Black Knight).
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