Gen Z accounted for one in five purchase mortgage rate locks in the second quarter, the largest share on record, according to a new data report from Intercontinental Exchange Inc. (NYSE: ICE). The report found this youthful generation represents nearly one-third of...
The national mortgage delinquency rate rose 15 basis points to 3.50% in May, according to data from Intercontinental Exchange Inc. (NYSE: ICE). However, that uptick was attributed to a calendar anomaly. Andy Walden, head of mortgage and housing market research at ICE,...
Homeowners tapped equity during the first three months of the year at the highest first-quarter levels since 2021, according to data from Intercontinental Exchange, Inc. (NYSE: ICE). The increase was primarily attributed to second-lien lending (54% of equity...
Intercontinental Exchange Inc. (NYSE: ICE) has rolled out ICE Fraud Monitor, a mortgage fraud and property research solution designed to help lenders reduce risk and expedite underwriting. According to the company, the new tool is integrated directly with Encompass,...
The national mortgage delinquency rate in April was 3.35%, mostly unchanged from March but up 4.17% from one year earlier, according to data from Intercontinental Exchange Inc. (NYSE: ICE). Serious delinquencies declined seasonally in April for the second month in a...