Intercontinental Exchange Inc. $(ICE)$ has released its November 2025 analysis of U.S. mortgage performance, highlighting a sharp rise in mortgage delinquencies attributed to seasonal and calendar effects. The national mortgage delinquency rate climbed to 3.85%, the highest in over four years, with 2.3 million loans reported as past due. Notably, 609,000 borrowers who were previously current on their payments became delinquent in November, marking the largest single-month inflow since May 2020. Despite the increase, ICE noted that similar spikes have occurred in previous years when November ended on a Sunday, suggesting the rise aligns with historical patterns. Prepayment activity declined by 18% from October, following a recent peak, while foreclosure activity showed mixed results. Although foreclosure starts, sales, and active volumes remain significantly higher than last year, overall foreclosure activity dipped in November due to seasonal factors. ICE emphasized the importance of monitoring December data to assess whether borrowers will recover quickly from this temporary uptick in delinquencies.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ICE - Intercontinental Exchange Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251223410665) on December 23, 2025, and is solely responsible for the information contained therein.
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