By Brad Beckett on April 28, 2026
According to the latest ICE Mortgage Monitor, the national delinquency rate rose by 7 bps in February to 3.72%, driven by a 4% seasonal rise in early (30-day) delinquencies and a 3% rise in seriously delinquent (90-plus day) loans. Click here to read more.
Their data show 878k loans are severely delinquent or in foreclosure – a sharp rise (+175k, +25%) over the past four months and the largest such volume since June 2018 (excluding the pandemic). FHA loans accounted for more than 80% of the recent increase, with seriously past due FHA loan volumes up by more than 40% over that span, compared with 14% for VA mortgages and 9% among GSEs. In addition, February saw 35k foreclosure starts, down 16% from January but up 6% year over year. Foreclosure sales declined 13% in the month but rose 25% year over year.
Click here to read the full report at ICE Mortgage Technology (formerly Black Knight).
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