Skip to main content

CMBS Delinquency Rate Down for Fifth Consecutive Month

Phil Hall
Dec 05, 2017
Moody’s Analytics has launched the Real Estate Information Services (REIS) Network

The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) was 5.18 percent in November, down three basis points from October, marking the fifth straight month in which the reading has dropped, according to new data from Trepp LLC. This five-month winning streak is the second-longest measured in the last eight years. One year ago, the delinquency rate was 5.03 percent.
The percentage of loans that are seriously delinquent was 5.01 percent in November, down 11 basis points for the month. If defeased loans were taken out of the equation, the overall 30-day delinquency rate would be 5.30 percent, a four-basis-point drop from the previous month.
Among property types, the multifamily delinquency rate dropped 27 basis points to 2.71 percent, and Trepp stated that apartment loans were the best performing major property type for the month. 

Dec 05, 2017
ATTOM Announces Addition Of NMLS Data

Provides access to the names and NMLS IDs for those originating residential mortgage loans.

Industry News
Oct 05, 2022
DOJ: Lakeland Bank To Spend $13M To Settle 'Redlining' Claims

Agreement with N.J. bank is the third-largest redlining settlement in Justice Department history.

Industry News
Sep 29, 2022
Angel Oak Layoffs Add To Growing List Of Non-QM Cuts

About 20% of its staff, or 75 people, were affected.

Industry News
Sep 28, 2022
Redwood Trust Names New Chief Investment Officer

Also announces planned CoreVest leadership transition to be completed on 3rd anniversary of acquisition

Industry News
Sep 27, 2022
Fannie Mae Pilot Program Seeks To Help Improve Renters' Credit

Renters, including historically underserved groups, will benefit from paying on time each month.

Industry News
Sep 27, 2022
Suffolk County Data Breach Puts Contracts On Back Burner

Cyberattack beginning Sept. 8 prevents title services from closing loans.

Sep 27, 2022