The mortgage market remains largely resilient — with delinquencies and foreclosures still below long-term averages — even as performance among Federal Housing Administration (FHA) loans continues to weaken. That’s according to ICE Mortgage Technology’s First Look report on September mortgage performance data.

The data, released Friday, show the national delinquency rate — loans 30 or more days past due but not in foreclosure — fell by 2 basis points from August, with improvements in both early-stage (30-day) and serious (90-day-plus) delinquencies.

The rate was also down 6 bps from a year earlier and sat 58 bps below the details ⇒

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