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ICE First Look at Mortgage Performance: New Default Activity Posts Annual Decline Led by FHA Loans

$ICEPress releaseJul 24, 2026, 9:00 AM ETRead the release

ICE released its June 2026 First Look report on mortgage performance, indicating that early-stage delinquencies remained low and new default activity declined. The national delinquency rate rose 5 basis points to 3.55%, remaining below pre-pandemic levels, while serious delinquencies fell to 570,000 and new FHA defaults dropped 15% year-over-year.

Key figures

Smm
0.77%
Foreclosure rate
0.53%
Foreclosure sales
7300
Foreclosure starts
43000
Serious delinquencies
570000
Fha defaults yoy change
-15%
National delinquency rate
3.55%

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.