March 8: COVID’s Continued Impact on CECL and Lending

2020 predicted astronomical loss forecasts due to government lockdowns and spiraling case counts. Government stimulus, forbearance, PPP programs and a viable vaccine all contributed to stave off those estimated losses that never fully materialized.

Welcome News for the Retail Sector

The retail sector’s solid performance in recent quarters has been a welcome surprise, said Moody’s Analytics, New York.

CMBS Delinquency Rate Falls Again

The commercial mortgage-backed securities delinquency rate fell once again in March and most CMBS rating actions were affirmations, analysts reported

Pandemic Reaching Office Market

The next 18 months could be a difficult period for the office sector, said Moody’s Analytics REIS, New York.

Office Vacancy Rate Could Reach 20% in 2022

­­The office sector saw downward pressure even before the COVID-19 crisis. Now, burdened with a shift toward remote wor­­­­­­­king, it could be particularly hard hit in the coming years, said Moody’s Analytics, New York.