MBA: Delinquency Rates for Commercial Properties Flat in First Quarter of 2024
Delinquency rates overall for mortgages backed by commercial properties were unchanged during the first quarter of 2024, but loans backed by office properties continued to see a rise in delinquencies. This is according to the Mortgage Bankers Association's (MBA) latest commercial real estate finance (CREF) Loan Performance Survey.
February Single-Family Rent Growth Strong, CoreLogic Finds
CoreLogic, Irvine, Calif., released its Single-Family Rent Index, finding rents rose 3.4% year-over-year in February. That’s the strongest growth recorded in 10 months.
Industry Briefs, April 19, 2024
Industry news from Heartland Multiple Listing Service, Down Payment Resource, Total Expert, Floify, A&D Mortgage and FICO.