Non-Agency CMBS Surges in 1Q, But Agency MF Lags May 13, 2024 John Bancroft A big part of the gain in issuance came from deals backed by industrial properties...Read More
Fitch Warns of ‘Global Contagion’ From Commercial Loans April 3, 2024 Brandon Ivey Fitch said issues with commercial loans could prompt the failure of “a moderate number of predominantly smaller banks.”Read More
Conduit CMBS Losses Lowest Since 2009. (Not a Typo) March 25, 2024 Brandon Ivey Retail properties accounted for 68.5% of total losses...Read More
Velocity Increases Production, Earnings in Fourth Quarter March 8, 2024 James Dohnert A decrease in competition from banks is helping Velocity Financial with business purpose loans.Read More
NYCB Revises 4Q Financials, CEO Resigns March 1, 2024 Brandon Ivey NYCB’s fourth-quarter results went from a $252 million net loss as reported Jan. 31 to a $2.71 billion loss.Read More
Short Takes: NewRez Stands Out Among Servicers / CES Securitizations / MBA Warns on Rent Control / Multifamily Property Insurance Symposium February 13, 2024 Brandon Ivey NewRez received a "star" rating from Fannie Mae for general servicing, solution delivery and timeline management.Read More
NYCB Makes Fresh Disclosure to Tout ‘Ample Liquidity’ February 7, 2024 Brandon Ivey NYCB recently took unexpected losses on its commercial lending and passed an asset threshold that prompts increased scrutiny by federal regulators.Read More
A Feeble 4Q23 Sends CMBS Issuance to an 11-Year Low February 5, 2024 John Bancroft One positive: Financing for retail properties and hotels actually saw gains in the fourth quarter.Read More
Short Takes: Pending Home Sales Level / Home Prices Climb / Commercial MBS Delinquencies Decline January 2, 2024 Brandon Ivey Lower interest rates didn't translate into higher home sales in November.Read More
Signs of Stability in Commercial MBS Market December 1, 2023 Dennis Hollier Players in the commercial MBS market now have a better understanding about which assets are performing and which aren’t, according to Lisa Pendergast, executive director of the Commercial Real Estate Finance Council.Read More