Delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2023, according to the Mortgage Bankers Association’s latest commercial real estate finance Loan Performance Survey.
Tag: Delinquency Rate
CoreLogic: October Delinquency Rate Flat
CoreLogic, Irvine, Calif., reported 2.8% of mortgages were delinquent by 30 or more days in October; the same rate was recorded in both September 2023 and October 2022.
Trepp: CMBS Delinquency Rate Falls in December
Trepp, New York, noted the overall commercial mortgage-backed securities delinquency rate fell by seven basis points to 4.51% in December.
ICE First Look for November: Delinquencies Up, but Still Historically Low
Intercontinental Exchange Inc., Atlanta, released its “first look” at November mortgage performance, finding the national delinquency rate crept up to 3.39%.
Milliman: Mortgage Default Risk at 3.1% for Loans Acquired in Q3 2023
Milliman, Seattle, released its third-quarter Milliman Mortgage Default Index, which showed that quarter-over-quarter, mortgage default risk increased to 3.1% for loans acquired during the quarter from an adjusted 3.03% in the second quarter.
MBA Newslink Q&A: Toby Wells, President of Cornerstone Servicing
MBA NewsLink interviewed Cornerstone Servicing President Toby Wells about technology advances that improve default servicing operations and borrower communications.
ICE First Look for October: Serious Delinquencies Hit Lowest Levels Since 2006
Intercontinental Exchange Inc., Atlanta, released its “first look” at October 2023 month-end mortgage performance statistics, noting that serious delinquencies have fallen to their lowest level in 17 years.
MBA Chart of the Week: Delinquency Rates by Loan Type, Conventional, FHA, VA
According to the latest MBA National Delinquency Survey, the overall delinquency rate for mortgage loans on one‐to‐four‐unit residential properties increased to 3.62 percent of all loans outstanding at the end of the third quarter of 2023.
MBA: Mortgage Delinquencies Increase in the Third Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.62% of all loans outstanding at the end of the third quarter of 2023, according to the Mortgage Bankers Association’s National Delinquency Survey.
CoreLogic: Historic Low for Delinquencies in August
CoreLogic, Irvine, Calif., found in its Loan Performance Insights Report for August that the overall mortgage delinquency rate was at 2.6%, a historic low.