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