Delinquency rates for mortgages backed by commercial properties declined slightly during the second quarter of 2024. This is according to the Mortgage Bankers Association’s (MBA) latest commercial real estate finance Loan Performance Survey.
Tag: Delinquency Rates

Trepp Reports CMBS Delinquency Rate Dips
Trepp, New York, reported the commercial mortgage-backed securities delinquency rate dipped back below 5% in May.

MBA: Mortgage Delinquencies Increase Slightly in First Quarter
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 3.94% of all loans outstanding at the end of the first quarter of 2024, according to the Mortgage Bankers Association’s National Delinquency Survey.

CoreLogic: Delinquency, Foreclosure Rates Low in February
CoreLogic, Irvine, Calif., reported the overall mortgage delinquency rate was at 2.8% in February, down from 3% in February 2023.

CoreLogic: January Mortgage Delinquency Rate Near Record Low
CoreLogic, Irvine, Calif., said the U.S. housing market posted an overall delinquency rate of 2.8% in January, approaching a record low.

ICE First Look: Delinquencies Improve in February
Intercontinental Exchange Inc., Atlanta, released its first look at February mortgage performance, noting that the national delinquency rate was at 3.34%, down 4 basis points from the month before and 11 basis points lower than February 2023.

MBA: Commercial and Multifamily Mortgage Delinquency Rates Increased in Fourth Quarter 2023
Commercial mortgage delinquencies increased in the fourth quarter of 2023, according to the Mortgage Bankers Association’s latest Commercial Delinquency Report.

Office Sector Drives CMBS Delinquency Rate Up Slightly: Trepp
The delinquency rate for commercial mortgage-backed securities inched upward in February, according to Trepp, New York.

CoreLogic: Delinquencies Nearly Flat in December
CoreLogic, Irvine, Calif., reported the national overall mortgage delinquency rate was 3.1% in December, up by 0.1 percentage point year-over-year from December 2022 and 0.2 percentage point from November.

Fitch Says Weaker Collateral for Non-QM/Non-Prime 2023 RMBS Leads to Elevated Delinquency Rate
Fitch Ratings, New York, said delinquencies for non-QM 2023-vintage RMBS transactions are higher than the 2022 vintage, reflection weaker collateral attributes.