The delinquency rate for commercial mortgage-backed securities (CMBS) rose for the first consecutive month during July, with a 10-basis-point uptick to 7.23%. Year over year, the overall CMBS delinquency rate is up 180 basis points from 5.23%. According to data from...
Honesty is not the best policy for many credit-seeking Americans, according to the “2025 Consumer Survey: Fraud, Identity and Digital Banking US” report published by FICO (NYSE: FICO). The survey of 1,000 adults found that up to one-third of respondents stating that...
Altamonte Springs, Florida-based Stellar MLS has announced CEO Merri Jo Cowen will step down from her leadership role in the first quarter of 2026, with Chief Operations Officer Shayne Fairley succeeding her. Cowen has led Stellar MLS since 2008, while Fairley joined...
A new report is citing the rising costs of materials and labor as a contributing factor to the cancelation of several home renovation series on HGTV. HGTV has canceled seven shows over the past several weeks – “Christina on the Coast,” “The Flipping El Moussas,”...
The nationwide share of mortgaged residences considered equity rich rose to 47.4% during the second quarter, up from 46.2% in the first quarter. A new data report from ATTOM determined the second quarter results reversed a trend where the share of equity-rich homes...
A California woman pleaded guilty for repeatedly engaging in rental housing fraud. Jenifer Singh, also known as Jenifer Rios, placed fliers at a Thousand Oaks laundromat in December 2023 advertising a home for rent in Simi Valley. A local family called the phone...
