Commercial mortgage delinquencies increased in the fourth quarter of 2024, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.
Category: News and Trends
FOMC Rate Pause Remains; MBA Economist Weighs In
The Federal Reserve’s Federal Open Market Committee left interest rates unchanged on Wednesday.
Redfin Reports Renter Population Grew 1% in Fourth Quarter
The number of renter households in America increased 0.8% year over year to 45.4 million in the fourth quarter—the slowest growth since the first quarter of 2023, according to a new report from Redfin.
mPact Presents: The Power of Succession Planning – A Two-Way Perspective (May 15)
Succession planning is a critical piece of career growth and organizational success—but what does it really take to move up and prepare for leadership? And what do executive leaders recognize when they are looking at their team? Join us for an insightful discussion that explores this topic from two key perspectives:
CMF Quote of the Week
“Commercial mortgage delinquency rates increased in the fourth quarter of 2024, with the exception of life company loans, which showed a slight decrease.”
–MBA Senior Vice President and Chief Economist Mike Fratantoni.
MBA Statement on the Nomination of Michelle Bowman as Federal Reserve Vice Chair for Supervision
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on President Donald Trump nominating Federal Reserve Board Member Michelle Bowman to be the next Vice Chair for Supervision.
Northwestern Mutual: Majority of Non-Homeowners Say It Will Never Be Affordable
Northwestern Mutual, Milwaukee, Wis., released its latest planning and progress study, finding that among Americans who are not currently homeowners, 53% say owning a home will never be financially affordable.
LightBox Says CRE Activity Surged in February Despite Federal Policy Shifts
LightBox, Irvine, Calif. reported a sharp rise in its February commercial real estate activity Index, which climbed to 96.1, up from 80.7 in January and 75.8 a year ago.
JLL: Record-Low Data Center Vacancy Fuels ‘Gold Rush’
The North American data center sector is charging full speed ahead, with colocation vacancy plummeting to a record low of 2.6% and absorption levels doubling in just two years, according to JLL, Chicago.
Commercial and Multifamily Mortgage Debt Outstanding Increased in Fourth Quarter
The level of commercial and multifamily mortgage debt outstanding at the end of 2024 was $172 billion (3.7%) higher than at the end of 2023, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report.