Intercontinental Exchange Inc

NYSE:ICEUnited States

ICE First Look at Mortgage Performance: Serious delinquencies hit 17-month high while foreclosure activity remains historically muted
-- At 3.45% in October, the national delinquency rate was up 6% from the same time last year, marking five consecutive months of year-over-year increases -- While 30- & 60-day delinquencies decreased from September, seriously past due loans (90+ days) continued their slow rise, now up 7.3% from last year and at the highest level since May 2023 -- Though both foreclosure starts (+12.2%) and completions (+10.1%) were up in October, both remain down from last year (-12.3% and -9.5%, respectively) and well below pre-pandemic levels -- Likewise, foreclosure inventory was up a modest +1K in the month, but there are 28K fewer loans in active foreclosure than there were at this same time last year -- Prepayment activity rose on easing interest rates to a level not seen in over two years (May 2022) and nearly double where it was last October ATLANTA & NEW YORK--(BUSINESS WIRE)--November 21, 2024--

NYSHEX Announces First Close of Series C Funding Round Led by Collate Capital, Collaborating with ICE to Launch New Freight Rate Indices
NEW YORK--(BUSINESS WIRE)--November 20, 2024--