Skip to main content

CMBS Delinquency Rate Continues to Hit Post-Crisis Lows

Phil Hall
May 02, 2019
Photo credit: Getty Images/rclassenlayouts

The commercial mortgage-backed securities (CMBS) delinquency rate published by Trepp LLC reversed itself after last month’s one basis point uptick and resumed is ongoing decline in April by six basis points to a new post-recession low of 2.82 percent.
 
The rate has fallen in 19 of the last 22 months. One year ago, it was 4.36 percent. Year-to-date, the rate is down by 29 basis points.
 
Among the sectors within commercial real estate, the lodging delinquency reading dropped five basis points to 1.55 percent, with Trepp defining lodging as the best performing major property type. The retail delinquency rate declined 28 basis points to 4.62 percent, with Trepp dubbing retail the worst performing major property type. The multifamily delinquency rate dipped 2 basis points to 1.99 percent.

 
Published
May 02, 2019
Rocket Pro Announces Major Initiatives

Company brings Rocket Tech, the Rocket Network and Rocket Marketing to mortgage brokers across the country

Industry News
Oct 19, 2021
FormFree Taps Amazon Web Services For Consumer Financial Identity Solutions

FormFree will use Amazon's blockchain technology to manage its latest consumer Financial DNA solution and its newly introduced FormFree Exchange.

Tech
Oct 19, 2021
Synergy One Lending Increases Its Capital By $50M

San Diego-based Synergy One Lending Inc. completed a $50 million corporate note financing with a consortium of institutional investors.

Industry News
Oct 19, 2021
TransUnion Sees Untapped Growth Opportunity For The Mortgage Industry

A study conducted by TransUnion, which explores the creditworthiness of low-to-moderate income consumers, revealed that the segment represents a $300 billion growth opportunity for the mortgage industry.

Analysis and Data
Oct 19, 2021
Zillow Stock Falls After It Halts Buying Houses To Flip

Zillow’s stock fell nearly 10% Monday after the company announced its Zillow Offers division would stop buying homes.

Industry News
Oct 19, 2021
MBA Swears In New Officers For 2021-22

Kristy Fercho, executive vice president and head of home lending at Wells Fargo, is the new chairman.

Industry News
Oct 18, 2021