CMBS loan delinquencies plunge

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

Milwaukee-Area Foreclosure Filings Plunge

Court records show there were 332 mortgage foreclosure filings during May in Kenosha, Milwaukee, Ozaukee, Racine, Walworth, Washington and Waukesha counties, the smallest number in any month since before 2006. That figure was down 73% from the region's worst month for foreclosure filings in the past 10 years – September 2010, when local courts recorded […]