Kroll Bond Rating Agency, New York, just released its CMBS 2024 Sector Outlook, which forecasts U.S. issuance activity for the new year and highlights key credit trends from 2023. MBA NewsLink interviewed KBRA’s Larry Kay and Andrew Foster to get their views on the current lending environment and property fundamentals as well as factors that may affect overall property performance in 2024. 

Home equity lending is back. According to the Mortgage Bankers Association’s Home Equity Lending Study, originations of open-ended Home Equity Lines of Credit and closed-end home equity loans increased by 50% in 2022 compared to 2020.

If the 2020-2021 housing market was ‘too hot,’ then the 2023 market was probably ‘too cold,’ but 2024 won’t yet be ‘just right.’

Fitch Ratings, New York, reported it expects overall weaker demand for North American building products and materials companies in 2024.

Commercial mortgage delinquencies increased in the third quarter, according to the Mortgage Bankers Association’s latest Commercial Delinquency Report.

With Q* now rumored, the multi-dimensional demands and opportunities for AI solutions have never been greater—but it is not traditional.