Posts Tagged ‘delinquency rates’

CMBS Delinquency Rates, Loan Prices Trend Lower

Posted on November 06, 2017 by Laura Lam

Trepp, LLC, a leading provider of information, analytics, and technology to the structured finance, commercial real estate, and banking markets, released its October 2017 U.S. CMBS Delinquency Report last week. The Trepp CMBS Delinquency Rate fell again in September, as more previously delinquent loans continue to be resolved. The delinquency rate for U.S. commercial real estate loans in CMBS is now 5.21%, a drop of 19 basis points from September. For the first time in 2017, the year-to-date level is lower than the final 2016 delinquency reading. “For the past few months, we’ve been saying that further declines in the…

Mortgage Delinquencies Hit New Post-Recession Low

Posted on August 28, 2017 by Laura Lam

Mortgage delinquencies are continuing to fall, hitting a new low in the second quarter, a recent report from TransUnion showed.  This confirms reports from S&P Dow Jones Indices and Experian, which showed the average mortgage default rate hit its lowest level in a decade.  TransUnion’s report showed mortgage delinquency rates dropped below 2% for the first time in nearly 10 years as it hit 1.93% in the second quarter. This is down 16.5% from the second quarter of 2016 when it decreased to 2.3%. “In the second quarter, we hit a new milestone for mortgage delinquencies as the rate dropped below 2%,” said Joe…