Commercial

The so-called “mandatory inclusion” guideline used by many cities to require a specific amount of affordable units be reserved in new residential developments has hit a major roadblock in Tennessee
The Mortgage Bankers Association (MBA) is forecasting that the level of commercial and multifamily mortgage originations will end 2017 with a whimper instead of a bang.   In a new analysis, the trade group predicted that this sector will end the year at $478 billion, a three percent below last... Keep Reading....
The delinquency rate for U.S. commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.18 percent this month
As a commercial mortgage underwriter, broker and lender with more than 30 years of experience, I am constantly asked by residential lenders and brokers to explain the mechanics of commercial mortgage underwriting. Residential lenders are accustomed to asking about a borrower’s income, credit, net... more
MISMO, the Mortgage Industry Standards Maintenance Organization, has extended the public comment period for the proposed data standard for the exchange of rent roll information on commercial property. The public comment period has been extended through Wednesday, March 15, 2017. MISMO released the... more
A new survey by the Mortgage Bankers Association (MBA) of the nation’s top commercial and multifamily mortgage origination firms is offering an optimistic forecast for lending in 2017. Nearly two-thirds (63 percent) of the survey’s respondents predicted originations will increase this year, with... more
The delinquency rate commercial real estate loans in commercial mortgage-backed securities (CMBS) reached the 5.23 percent level in December
The delinquency rate commercial real estate loans in commercial mortgage-backed securities (CMBS) reached the 5.23 percent level in December, an increase of 20 basis points from November and its highest level since October 2015, according to new data from Trepp LLP. One year ago, the delinquency... more