Lora Helt Joins Ascribe as SVP of National Sales
Lora Helt has joined Ascribe, a national provider of residential and commercial valuation, evaluation, property inspection, and REO services to mortgage lenders and servicers,...
FHFA Adds Tool for Tracking Data on Multifamily Mortgages
The Federal Housing Finance Agency (FHFA) has released an interactive tool for tracking data on multifamily mortgages that enables users to review details about...
MBA: Commercial Mortgage Delinquencies Continued to Rise in Q2
Commercial mortgage delinquencies increased in the second quarter, according to the Mortgage Bankers Association’s (MBA) latest Commercial Delinquency Report.
“The delinquency rate for loans backed...
Wells Fargo Divesting Non-Agency Commercial Mortgage Servicing
Wells Fargo is selling the non-agency third-party servicing segment of its commercial mortgage servicing business to Trimont, a commercial real estate loan servicer and...
Multifamily Lending Fell 49 Percent in 2023
Multifamily lenders provided a total of $246.2 billion in new mortgages for apartment buildings with five or more units in 2023 - a decrease...
Commercial Mortgage Brokerage Eastern Union Hires Jarrod Glodt as Loan Consultant
Banking veteran Jarrod Glodt has joined commercial mortgage brokerage Eastern Union as a senior loan consultant.
Glodt has more than 10 years of experience as a banker...
Commercial Mortgage Delinquencies Decreased Slightly in Q2
Delinquency rates for mortgages backed by commercial properties declined slightly during the second quarter, according to the Mortgage Bankers Association's (MBA) latest commercial real...
Commercial Foreclosures Decreased in June but Remained Up 48 Percent Year Over Year
Commercial foreclosures decreased 14% in June compared with May but were up 48% compared with June 2023, according to ATTOM.
States with the highest rates...
Proposed Renter Protection Rules Could be ‘Catastrophic’ to the Market
The Biden-Harris administration has proposed a set of renter protection rules that, if passed in Congress, would require landlords with federally backed mortgages to...
Freedom Bank of Virginia Taps Aleshire as SVP, Commercial Real Estate Practice Leader
Jeffrey Aleshire has joined The Freedom Bank of Virginia as senior vice president and commercial real estate practice leader.
Aleshire was most recently managing director of...
MBA: Commercial Mortgage Delinquency Rates Basically Flat in Q1
Overall, delinquency rates for commercial mortgages were flat during the first quarter compared with the second quarter, but loans backed by office properties continued...
Commercial Mortgage Delinquency Rates Jumped to End 2023
Delinquency rates for mortgages backed by commercial properties increased during the fourth quarter of 2023, according to the Mortgage Bankers Association's (MBA) commercial real...
MBA: Delinquency Rates for Commercial and Multifamily Mortgages Jumped in Q3
Delinquency rates for mortgages backed by commercial and multifamily properties increased during the third quarter, according to the Mortgage Bankers Association's (MBA) latest commercial...
Commercial, Multifamily Mortgage Debt Outstanding Rises
According to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, the level of commercial/multifamily mortgage debt outstanding increased by $37.7...
Loanspark Broadens CRE Lending with 100 New Marketplace Additions
Loanspark, a fintech startup that enables B2B companies to become a lending source to their customers, has significantly grown its commercial real estate (CRE)...
Commercial Borrowing Falls 53 Percent Year Over Year
The Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations shows that commercial and multifamily mortgage loan originations were 53% lower in...
MBA: Commercial Lending to Drop Considerably in 2023
An updated baseline forecast released by the Mortgage Bankers Association (MBA) shows that total commercial and multifamily mortgage borrowing and lending is expected to...
Multifamily Lending Down 1% to $480 Billion Last Year
According to the Mortgage Bankers Association’s (MBA) annual report of the multifamily lending market, in 2022, 2,242 different multifamily lenders provided a total of...
Fannie Mae GeMS Issuance: $641 Million Multifamily Social DUS REMIC
Fannie Mae priced a $641 million Multifamily Social DUS REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on July 21;...
MBA: CMBS Loan Delinquency Rates Climb
According to the Mortgage Bankers Association's (MBA) latest commercial real estate finance (CREF) Loan Performance Survey, delinquency rates for mortgages backed by commercial and...