ICE First Look: September Delinquencies Track Seasonal Norms as Foreclosure Pipeline Sh…

ICE First Look: September Delinquencies Track Seasonal Norms as Foreclosure Pipeline Shifts Toward Recent Vintages | $ICE
• National delinquency rate in line with seasonal norm: The national delinquency rate rose 12 basis points (bps) to 3.66% in September, roughly in line with its seasonal norm. The rate remains 34 bps below September 2019 and below every pre-pandemic September on record.
• Early-stage delinquencies up modestly; serious FHA delinquencies decline: Loans 30 days past due are up 5% year over year. Serious delinquencies are up 21% from a year ago but a