Best Month for Freddie's New Biz in Over 3 Years
It has been more than three years since monthly business was as strong as it was last month at the Freddie Mac, while delinquency fell to a new eight-year low.
CMBS Delinquency Slips, Office Loans Improve Most
The late-payment rate on securitized commercial real estate loans dipped, with office building loans improving most. Maturing loans continue to be a concern.
Multifamily Drives Down New Building Permits
The annual rate of building permits took a hit last month due to weakened multifamily activity. But completed construction grew from a year earlier.
MBS Issuance at All-Time High at Ginnie Mae
The Government National Mortgage Association saw its monthly securitizations of real estate loans reach the highest level in its history.
West Drives Surge in Builder Confidence
America's home builders are more confident about their business than they've been in almost a year, and the spike was greatest in the West.
FHA Endorsements Maintain, Delinquency Up Again
Monthly production of mortgages that are insured by the government mostly held up but is likely to move lower. Residential delinquency worsened for the fourth consecutive month.
Battle Brewing Between Banks, Credit Unions
Community banks have taken their gripes about credit unions infringing on their territory to court, filing a lawsuit against a federal regulator.
Appraisal Integrations and Acquisitions
Appraisal service providers have been enhancing their offerings through integrations, though at least two have turned to acquisitions to improve options for their lender clients.
Relief Arrives for Rising CMBS Delinquency
After deteriorating for five consecutive months, the rate of past-due payments on securitized commercial real estate loans has finally retreated.
Biggest Commercial Mortgage Servicers
Most of the largest servicers of commercial real estate loans have maintained the same rankings they had a year ago. What has changed, though, is the average size of loans they service.
CMBS Delinquency Bounces Off 7-Yr Low
After declining to the lowest level in over seven years, delinquency on securitized commercial real estate loans increased. CRE delinquency at life insurers also worsened.