According to the latest ICE Mortgage Monitor, serious delinquencies (loans 90+ days past due but not in active foreclosure) rose 14K (+3.3%) to a six-month high, but remain historically low. Interestingly, they say nearly 70% of seriously delinquent mortgages are still protected from foreclosure via either forbearance, loss mitigation, or bankruptcy. 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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