Delinquencies rose in May, but don’t panic, ICE says

Mortgage delinquencies rose monthly and annually in May, but it’s not a cause for concern, according to a new industry report. Processing Content The national delinquency rate rose 15 basis points to 3.5% last month due to a calendar anomaly, Intercontinental Exchange’s latest first look report found. That marks a 4.5% month-over-month increase, which is

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