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CMBS Delinquency Rate Holds Steady
Year-over-year, the Trepp CMBS Delinquency Rate is down 42 basis points. Continue Reading CMBS Delinquency Rate Holds Steady
Federal Reserve Approves Quarter-Percent Rate Hike
The Fed insisted the “U.S. banking system is sound and resilient.” Continue Reading Federal Reserve Approves Quarter-Percent Rate Hike
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
‘Zombie Debt’: Homeowners face foreclosure on old mortgages
Source: Centre Daily Times --- Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000. “I was shocked,” said Prophete, who refinanced her two-family home...
Mortgage lenders expect the housing market to worsen in 2023
Source: firsttuesday Journal --- Following record lender profits in 2021, 2022 has mortgage lenders packing their bags and heading for the exits. The Mortgage Bankers Association (MBA) believes the U.S. will enter a recession in the first half of 2023. The MBA expects...
‘No One Wants To Catch a Falling Knife’: What To Expect in the Housing Market for the Rest of 2022
Source: Realtor.com --- What a difference just a few months can make. As the year comes to a close, the red-hot housing market has been brought to its knees by soaring mortgage interest rates. It now appears to be in a standoff as just about everyone suddenly feels...
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