As economies reopen against a backdrop of decreased consumer demand and continued government relief, commercial real estate investors are grappling with a double-edged sword: defending certain existing challenged debt and equity positions on one hand and seeking new opportunities given shifted market dynamics.
Tag: Fitch Ratings
Industry Briefs June 30, 2020
Roostify, San Francisco, announced a partnership with Factual Data as part of an expansion that will allow loan officers to run borrower credit and view findings within the Roostify platform.
Fitch Ratings: CRE Defaults Likely To Rise After Forbearance Periods
Fitch Ratings, New York, said it anticipates commercial real estate loan defaults will rise at the end of forbearance periods.
Fitch: Title Insurers ‘Well-Capitalized’ Against Coronavirus Fallout
Fitch Ratings, Chicago, said while U.S. title insurer revenues will likely decrease in 2020 from pressure on both the residential and commercial real estate markets as they continue to grapple with the fallout from the ongoing coronavirus pandemic, after a strong 2019, capitalization levels will likely be adequate.
CMBS Delinquency Rate Sees Largest Monthly Jump Since 2009
Analysts expected a jump in the commercial mortgage-backed securities loan delinquency rate during May, but few expected how big that jump would be.
Andrew Foster: Mezzanine Market Musings
The commercial real estate mezzanine loan market is ripe with interesting market developments this year.
Industry Briefs
Black Knight, Jacksonville, Fla., said its McDash Flash Forbearance Tracker, as of May 19, reported 4.75 million homeowners – or 9.0% of all mortgages – have entered into COVID-19 mortgage forbearance plans. Active forbearance volumes increased by just 93,000 over the past week, a more than 70% decline from the 325,000 from the first week of May.
Andrew Foster: Mezzanine Market Musings
The commercial real estate mezzanine loan market is ripe with interesting market developments this year.
Andrew Foster: Mezzanine Market Musings
The commercial real estate mezzanine loan market is ripe with interesting market developments this year.
Industry Briefs – May 21, 2020
ACES Risk Management (ARMCO), Denver, released ACESXPRESS for Early Payment Defaults to bolster lenders’ existing audit programs in light of the recent increases in required monthly EPD audit volume.