The commercial mortgage-backed securities delinquency rate fell slightly in March, but the segment that everyone watches closely–office–saw its rate move higher again, reported Trepp, New York.
Tag: CMBS
KBRA: Lodging Loan Performance Clouded by Upper-Upscale Chains
U.S. hotels have performed well overall since the pandemic, but upscale properties report higher commercial mortgage-backed securities delinquencies than more modest hotels, reported KBRA, New York.
Moody’s: CMBS Loss Severities Drop
Moody’s, New York, reported U.S. commercial mortgage-backed securities had the lowest loss amount last year since 2009, but noted loss severities remained elevated.
MBA Letter Addresses Risks to Proposed SEC Rule on Securitizations
The Mortgage Bankers Association, in a Mar. 27 letter to the Securities and Exchange Commission, said a proposed rule to curb certain material conflicts of interest in securitizations is flawed and would present risks to that market.
CMBS Supply-Demand Fundamentals Improve Slightly
The outlook for the securitized commercial real estate market improved just slightly in the fourth quarter, the Moody’s Investors Service’s Red-Yellow-Green report said.
MBA Education: Introduction to Commercial Mortgage-Backed Securities May 4
A critical component of commercial real estate financing, commercial mortgage-backed securities involve numerous industry participants, provisions and considerations with how the security is ultimately structured. Join MBA Education and industry …
January CMBS Delinquency Rate Falls Below 3%
Trepp, New York, reported the U.S. commercial mortgage-backed securities delinquency rate fell 10 basis points in January to 2.94%.
CMBS Delinquency, Special Servicing Rates Increase
The commercial mortgage-backed securities delinquency and special servicing rates both increased in November, according to Trepp LLC and DBRS Morningstar.
CMBS Supply-Demand Fundamentals Slip
Commercial property market supply and demand fundamentals slipped in the third quarter, reported Moody’s Investors Service, New York.
CMBS Special Servicing Rate Rises Again
Trepp, New York, reported the commercial mortgage-backed securities special servicing rate increased in November for the fourth consecutive month.