Commercial and multifamily mortgage delinquencies increased in the first quarter, according to the Mortgage Bankers Association’s latest Commercial/Multifamily Delinquency Report.
Category: News and Trends
Why You Should Participate in MBA Residential Committees, Councils and Networks
The Mortgage Bankers Association has more than three dozen opportunities for participation on MBA residential committees, councils and networks, to formulate policy, connect with colleagues and further the success of the real estate finance industry.
ATTOM: Zombie Foreclosures Increase
Vacant residential properties increased 1.3% in the second quarter to 1.28 million houses, reported ATTOM, Irvine, Calif.
FHFA Requests Input on Multifamily Tenant Protections
The Federal Housing Finance Agency last Tuesday requested input on tenant protections at multifamily properties with mortgages backed by Fannie Mae and Freddie Mac.
CoreLogic Says 33M Homes at Risk in 2023 Hurricane Season
CoreLogic, Irvine, Calif., reported 33 million U.S. properties are at risk of hurricane-force wind damage, with reconstruction cost value of $11.6 trillion, as the 2023 hurricane season kicks off.
Commercial Real Estate Reset? A Special Servicing Roundtable
As property sale transactions and originations stall, MBA NewsLink interviewed two special servicing executives and a CMBS researcher to get their insights on the commercial real estate finance landscape and outlook.
MBA Launches Upgraded CONVERGENCE Site
The Mortgage Bankers Association announced a revamped version of the CONVERGENCE section of its website, aiming to benefit its members and a broader audience.
Quote: Tuesday, June 6, 2023
“Delinquency rates increased for every major capital source during the first quarter, foreshadowing additional strains that are likely to work their way through the [commercial real estate] system.”
–MBA Head of Commercial Real Estate Research Jamie Woodwell
MBASecondary23: As Fed, Banks Step Away from MBS, New Investors Prepare to Play
NEW YORK–The supply of available mortgage-backed securities for purchase in the private market is expected to increase drastically over the next two years.
MBASecondary23: Solving the Affordability Puzzle
NEW YORK–Affordability is among the top challenges for the housing market. Having strong counterparty relationships and sustainable products helps lenders to better serve the market and maintain liquidity.