Commercial real estate office loan performance will weaken further as market pressures build, according to Fitch Ratings’ latest U.S. CMBS Office Dashboard.
Tag: Fitch
Offices, Insurance Top Commercial Servicing Conversations, Panel Says
NEW ORLEANS–Looking at servicing in the current commercial market, offices and insurance issues are top of mind. That’s per a panel at the Mortgage Bankers Association Commercial/Multifamily Finance Servicing and Technology Conference, here, May 20.
High Resolution Volume Drives CMBS Delinquency Rate Lower, Fitch Reports
The U.S. commercial mortgage-backed securities delinquency rate decreased nine basis points to 2.19% in March, according to Fitch Ratings, New York.
Fitch: Life Insurers CRE Risks Grow; Remain Within Ratings Expectations
Fitch Ratings, New York, said the U.S. life insurance sector has “material exposure” to commercial real estate, but noted insurer ratings are unlikely to move due to potential CRE losses.
Fitch Ratings: Small U.S. Banks Most Exposed to Commercial Real Estate Losses
Fitch Ratings, Chicago, said the U.S. commercial real estate market will likely see deteriorating credit metrics once stimulus measures wind down and forbearance programs expire, with smaller CRE-concentrated banks more susceptible to elevated losses, which are expected to peak below levels seen in the past.
Fitch Ratings: Environmental Factors Can Affect CMBS Large Loan Ratings
Fitch Ratings, New York, said a property’s environmental impact and sustainability may influence commercial mortgage-backed securities bond ratings in single-asset single-borrower and large-loan transactions.
Life Insurers Brace for Higher Commercial Mortgage Losses
Fitch Ratings, New York, said life insurance companies could see higher losses on commercial mortgage loans than they saw during the Great Recession. The pessimistic forecast reflects both the severity …