Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

News Centre

  • ICE First Look At Mortgage Performance: Serious Delinquencies At Lowest Since Mid-2006 As Foreclosures Drop, Prepayments Rise

    Date 22/04/2024

    • The national delinquency rate ticked down 14 basis points (bps) to 3.20% in March, holding 27 bps higher than the record low in March 2023
    • Historically, delinquencies fall an average -10.4% in March; conversely, months that end on Sundays – e.g., March 2024 – experience an average, if mostly temporary, upward pull of +6.9%
    • Only the third such convergence in the last two decades, this March’s 4.2% drop in the delinquency rate is in line with the previous cases in which March ended on a Sunday
    • Serious delinquencies (loans 90+ days past due but not in active foreclosure) dropped 24K (-5.2%) from February to hit their lowest level since June 2006
    • March saw less inflow of past-due payments as well as fewer rolls to later stages of delinquency, with total cures up 9% as early-, mid- and late-stage delinquencies all saw improvement
    • Even accounting for the 5.3% month-over-month rise in foreclosure starts, the month’s 26K starts was still below the average for the past 12 months
    • The number of loans in active foreclosure fell to 205K in March – the fewest since January 2022 and still 28% below (-77K) pre-pandemic levels – with 5.8K foreclosures completed in the month
    • Prepayment activity rose to its highest level in seven months driven by the lower rate environment of January and early February combined the start of the spring homebuying season

  • Verafin Enhances Financial Crime Management Solutions Suite With Launch Of Entity Research Copilot — First Of Its Integrated Copilot Capabilities

    Date 22/04/2024

    • Proven Solutions with Integrated GenAI Copilot Features Significantly Improve Investigator Efficiency with up to 90% Reduction in Alert Review Time Compared to Legacy Approaches

  • DTCC Comments On Industry’s Affirmation Progress, With T+1 Implementation One Month Away

    Date 22/04/2024

    Today, April 22, 2024, DTCC issued the following statement:

    The implementation of a T+1 settlement cycle in the U.S. is a little over one month away, and market participants continue to prepare for the May 28, 2024, deadline. As firms consider their implementation approach, many are focusing on the importance of achieving same-day affirmation.

  • ICE Environmental Contracts Traded The Equivalent Of $1 Trillion In Notional Value For The Third Consecutive Year

    Date 22/04/2024

    • EUA Markets Reach Record Participation Through 2023 and Q1 2024 with Record Trading Activity in North American Environmental Markets in 2023

  • Trading Technologies Expands TT® Premium Order Types Offering With New Multi-Leg Spread Execution Algo

    Date 22/04/2024

    Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced the introduction of TT Splicer, a new TT Premium Order Type that provides industry-first functionality for synthetic multi-leg spread trading.