KBRA: Servicers Performed Admirably During COVID

Kroll Bond Rating Agency, New York, said commercial mortgage-backed securities servicers “performed admirably” over the last two years while facing nearly unprecedented distress during the COVID pandemic.

MBA Chart of the Week July 15 2022: Cost to Service Loans Per Employee

MBA’s annual Servicing Operations Study and Forum includes a deep-dive analysis and discussion of servicing costs, productivity, portfolio activity and operational metrics for in‐house servicers. This week’s MBA Chart of the Week shows 2021 fully loaded servicing costs, which include three components: direct expenses; unreimbursed foreclosure, REO and other default costs; and corporate administration costs.

Top Five Commercial Mortgage Servicing Issues to Watch in 2022

While the entire country readjusts to the routines of yesteryear, loan servicing and asset management professionals will have an interesting set of dynamics impacting their organizations in the new year. The second half of 2021 is perhaps best described as a welcome shift back to growing pains.

Troubled Commercial Mortgage Loan Triage: A Special Servicer Roundtable

With the ebb and flow of 2020 market disruption in the rearview mirror and the vaccine rollout in full swing, MBA NewsLink checked in with a special servicer, a rating agency servicer analyst and Freddie Mac asset management chief to explore what is happening in commercial/multifamily markets, where different parts of the commercial real estate finance ecosystem are today and factors driving the outlook for agency and non-agency CMBS sectors.

CMBS Market Musings–Not Out of the Woods?

As the commercial real estate finance market experienced fits and starts last year, no capital source provided more transparency into commercial real estate than CMBS with its monthly investor reporting and credit rating agency coverage creating a window into market performance and challenges for certain retail and hospitality assets.

Keeping Current: Q&A With Midland Loan Services’ Tim Steward

MBA NewsLink interviewed Timothy E. Steward, Senior Vice President and co-head of Midland Loan Services, a PNC Real Estate business. Steward leads a team of more than 500 professionals responsible for delivering loan servicing, asset management and technology solutions to the commercial real estate finance industry.