Commercial

The outstanding debt on commercial and multifamily mortgages increased by $45.4 billion, or 1.5 percent, to $3.11 trillion in the third quarter from the second quarter
The outstanding debt on commercial and multifamily mortgages increased by $45.4 billion, or 1.5 percent, to $3.11 trillion in the third quarter from the second quarter, according to new data from the Mortgage Bankers Association (MBA). In a separate measurement, the MBA added that the multifamily... Keep Reading....
NAMB+ Inc., the for-profit marketing and communications subsidiary of NAMB—The Association of Mortgage Professionals, has announced its latest Endorsed Provider, Sarma Mortgage Credit Services
NAMB+ Inc., the for-profit marketing and communications subsidiary of NAMB—The Association of Mortgage Professionals, has announced its latest Endorsed Provider, Sarma Mortgage Credit Services. “NAMB+ is pleased to have chosen a firm such as Sarma Mortgage Credit Services as its newest Endorsed... more
Accurate Group has announced that it has been recognized by Inc. magazine on the 11th Annual Inc. 500|5000 list
Accurate Group has announced the expansion of its sales team with two new additions as Matthew Lichtner, a mortgage and settlement services industry veteran joining the company as senior vice president, national accounts manager; and Richard L. Heltzel III, who will be moving from his current... more
Originations of commercial and multifamily mortgages were up by nine percent on a year-over-year basis during the first quarter
Originations of commercial and multifamily mortgages were up by nine percent on a year-over-year basis during the first quarter, according to new data from the Mortgage Bankers Association’s (MBA). However, the first quarter’s origination levels were 27 percent lower than the fourth quarter of 2016... more
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.52 percent in April, according to new data from Trepp LLC
The delinquency rate for commercial real estate loans in commercial mortgage-backed securities (CMBS) reached 5.52 percent in April, according to new data from Trepp LLC. This marks an increase of 15 basis points (bps) from March and a 129 bps spike from one year earlier.   Trepp noted that nearly... more