Skip to main content

CMBS Delinquency Rate Falls Again

Phil Hall
Feb 01, 2018
Moody’s Analytics has launched the Real Estate Information Services (REIS) Network

The Trepp CMBS Delinquency Rate dropped again in January, as the rate has now fallen in seventh straight months.
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities fell to 4.83 percent in January, a decrease of six basis points (bps) from the December level and 35 bps below the January 2017 level, according to new data from Trepp LLC. January marked the seventh consecutive month that the rate has declined.
The percentage of loans that are seriously delinquent is now 4.72 percent, down 11 bps for the month. If defeased loans were taken out of the equation, the overall 30-day delinquency rate would be 4.95 percent, down five bps from December.
Within the commercial real estate sectors, the multifamily delinquency reading dropped 28 basis points to 2.08 percent, with Trepp crediting apartment loans as being the best performing major property type. The most dramatic swings in delinquency involved the delinquency reading for hotel loans, which climbed 69 bps to 4.51 percent, and the office delinquency rate, which dropped by 56 bps to 5.84 percent.

Feb 01, 2018
loanDepot And mellohome Introduce Home Services Bundle

loanDepot, Inc. and its sister company mellohome are launching a proprietary bundle of home buying and selling services.

Industry News
Jul 30, 2021
Gateway Mortgage Surpasses 165 Mortgage Centers With 10 New Additions

Gateway Mortgage reported significant growth in the company, prompting it to open 10 new locations across Colorado, Idaho, Oklahoma, Texas, Oregon, and Wyoming.

Industry News
Jul 30, 2021
FHFA Requires 30-Day Notice Prior To Eviction

Wednesday, the Federal Housing Finance Agency (FHFA) announced that tenants of multi-family properties must be given 30 days notice to vacate before the tenant is required to leave the premise.

Industry News
Jul 29, 2021
Houston-Based Stewart Acquires Title First Agency

Ohio-Based Agency Has 20 Offices And Operates in 32 States

Industry News
Jul 28, 2021
Planet Home Lending Reports Total Origination Volume Of $6.8B In Q2 2021

Planet Home Lending's total origination volume reached $6.8 billion in Q2 2021, up 77% from $3.9 billion in Q2 2020.

Industry News
Jul 22, 2021
FHFA Ends Controversial Refinance Fee

The FHFA announced that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries, starting August 1, 2021.

Analysis and Data
Jul 19, 2021