According to the latest ICE Mortgage Monitor, foreclosure starts hit an 11-month high, but remain below pre-pandemic levels. In addition, the number of homes for sale in 2024 increased 22% leaving for-sale inventory at its best level since mid-2020. 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.
“While the share of homeowners past due on mortgage payments remains low by historical standards, we expect mortgage performance to become a growing topic of conversation in 2025, especially among FHA and VA mortgages.”
Click here to read the full report at ICE Mortgage Technology (formerly Black Knight).
