MBA: Commercial Mortgage Delinquency Rates Are Still Slow to Improve
According to the Mortgage Bankers Association's (MBA) latest monthly CREF Loan Performance Survey, commercial mortgage delinquency rates decreased in April to reach the lowest...
Commercial Mortgage Delinquency Rates Show Mixed Performance in February
Delinquency rates among commercial mortgages decreased in February, as the COVID-19 pandemic's impact on mortgage performance continued to vary by the different types of...
MBA: Wells Fargo Tops List of Commercial Mortgage Servicers
The Mortgage Bankers Association (MBA) has released its year-end ranking of commercial and multifamily mortgage servicers' volumes as of Dec. 31, 2020.
At the top...
MISMO Selects HUD Policy Guru as its New President
The Mortgage Industry Standards Maintenance Organization (MISMO), the standards development organization for the residential and commercial finance industry, has named Seth Daniel Appleton as...
MBA: Commercial Mortgage Lending ‘Remained Subdued’ in Q3
Commercial and multifamily mortgage loan originations were 47 percent lower in the third quarter compared to a year ago and increased 12 percent from...
Life Insurance Company Chooses Loan Servicing Platform
National Western Life Insurance Co. is deploying SS&C Technologies Holdings Inc.’s cloud-based Precision LM software to support its commercial loan servicing operations.
"SS&C has an...
MBA: Commercial Delinquencies Down Overall, Still High for Lodging, Retail
According to the Mortgage Bankers Association's (MBA) latest monthly MBA CREF Loan Performance Survey, delinquency rates for mortgages backed by commercial and multifamily properties...
Pandemic Affecting Commercial Mortgage Delinquencies in Various Ways
According to two new reports from the Mortgage Bankers Association (MBA), the delinquency rates of mortgages backed by commercial and multifamily properties reveal the...
Law Firm Bolsters Real Estate Finance Team
Law firm Thompson & Knight LLP says Keith Brandofino, Maximiliano Rinaldi and David V. Mignardi have joined the firm's New York office in the...
Multifamily Lender to Use SS&C Technology Suite
Dougherty Mortgage LLC, a full-service nationwide multifamily mortgage banking firm, has selected SS&C Technologies Holdings Inc. as a technology and services partner, with SS&C...
Multifamily Originations Poised for a Solid 2020
Freddie Mac is projecting that origination volume in the multifamily sector will continue its strong performance from 2019 into 2020, reaching $390 billion by...
Addressing the Impact of Process Risk in Commercial Mortgage
BLOG VIEW: Commercial mortgage lending represents a more than $2 trillion industry in the U.S. - and as the economy continues to improve, entrepreneurs...
CoreLogic Expands Commercial Tax Capabilities with Acquisition of NTS
CoreLogic has acquired National Tax Search (NTS), a provider of property tax management services to lenders, real estate investment trusts, and property management companies,...
MBA Taps Kelli Burke as VP of Commercial Real Estate Finance
Kelli Burke has joined the Mortgage Bankers Association (MBA) as vice president of commercial real estate finance (CREF).
Burke has more than two decades of...
Leveraging a Commercial Property Loan Insurance Strategy to Increase Credit and Grow CRE Lending
BLOG VIEW: Against a backdrop of a strong and growing economy and despite confusion over recent tax changes, commercial real estate lending continues to...
Collateral Analytics Develops New AVM For Commercial Property Valuations
Collateral Analytics has developed a new automated valuation model (AVM) solution to assist lenders with monitoring commercial property values and provide access to quick,...
WFG Hires Jessica Figueroa as Senior National Commercial Underwriting Counsel
Jessica M. Figueroa has joined WFG National Title Co., specializing in national title, settlement, valuation and technology services, as senior national commercial underwriting counsel...
Chris Cordisco Joins BB&T Real Estate Funding as Director and SVP
Chris Cordisco has joined BB&T Real Estate Funding (BBTREF), a subsidiary of Grandbridge Real Estate Capital, as a director/senior vice president.
Cordisco has nearly 20...
Grandbridge Promotes T.J. Ownby to Tampa Production Manager
T.J. Ownby has been promoted to production manager of Grandbridge Real Estate Capital’s Tampa, Fla., office.
Ownby was previously senior vice president.
Ownby has nearly 40...
The Peculiarities of New York’s Commercial Mortgage Tax Laws
There are certain oddities of the New York mortgage tax that out-of-state practitioners should be aware of...