The performance of loans included in commercial mortgage-backed securities improved for the fifth consecutive quarter, with delinquencies down 179 basis points over the time frame, according to the Mortgage Bankers Association. CMBS loans that are at least 30 days late or real estate owned fell 47 basis points to 3.05% in the third quarter. Foreclosure […]
The delinquency rate for U.S. real estate loans in commercial mortgage-backed securities has fallen below 4 percent, its lowest level since the 2008 financial crisis. The CMBS loan delinquency rate fell to 3.95 percent in June, a decrease of 17 basis points from May, and 94 basis points lower than the beginning of the year, […]
The delinquency rate for U.S. real estate loans in commercial mortgage-backed securities has fallen to the lowest level since the 2008 financial crisis. The CMBS loan delinquency rate fell to 4.12 percent in May, a decrease of 24 basis points from April, and 77 basis points lower than the beginning of the year, according to […]
Default rates for securitized U.S. commercial real estate loans last month increased for the first time in nearly a year, according to Trepp. The overall March delinquency rate of 4.55% for CRE loans backing commercial mortgage-backed securities was 4 basis points higher than the February mark. Foreclosure News
The delinquency rate for U.S. real estate loans in commercial mortgage-backed securities dropped for the eighth straight month in February. The CMBS loan delinquency rate fell to 4.51 percent, a decrease of 32 basis points from January, and the lowest level since Feb. 2016, according to Trepp, a CMBS loan analyst. Foreclosure News
It is likely that the recovery is too little, too late for more than one-third of the oil-related loans of concern that are more than 90 days delinquent, in foreclosure or real estate owned, says Kroll Bond Rating. Get alerted any time new stories match your search criteria. Foreclosure News
Part of the Tysons Pond office complex in Fairfax County is slated to be sold at foreclosure auction later this month after the $ 13.5 million debt taken out on the property matured in February. Foreclosure News
After falling in the first couple of months last year, the delinquency rate for commercial mortgage-backed securities real estate loans in the U.S. reversed course and has now reached its highest level since Oct. 2015, according to a report from Trepp . The overall CMBS loan delinquency rate rose to 5.23 percent in December, 20 […]
The demise of the suburban shopping mall has popped up in headlines across America: the rise of online shopping, the rapidly changing retail landscape. But behind it all there's another reason for struggling finances. Foreclosure News