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January 13, 2021

Commercial Real Estate Foreclosures Loom

Nearly a year into the pandemic, questions loom about the future of commercial real estate portfolios.  How much longer can banks offer deferrals on loans that […]
January 12, 2021

Forbearance Rate Jumps With COVID Surge

After a slight decrease, the number of mortgages in coronavirus-related forbearance climbed 1 basis point between Dec. 7 and Dec. 13, according to the Mortgage Bankers […]
January 12, 2021

Consumers Confidence Wanes, Optimistic for Future

After a decline to 92.9 in November, the Conference Board Consumer Confidence Index decreased further to 88.6 in December, led by a precipitous decline of 15.6 […]
January 12, 2021

New Business Volume Down 7%

The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the […]
January 12, 2021

Hotel Mortgage Delinquencies Rise, Retail Improves

Delinquency rates for mortgages secured by hotels rose during December compared with November, but the performance of retail property loans improved, according to reports. However, when […]
January 12, 2021

Pandemic Drives Auto Bankruptcies Higher

Coronavirus-driven reduction in demand, and operational and supply chain disruptions, have resulted in a material uptick in bankruptcies and distress in the U.S. automotive industry, according […]
December 23, 2020

Consumer Recovery Loses Momentum

“Recent trends in both income and spending suggest the consumer recovery is losing some momentum,” said Michael Brown, Principal U.S. Economist. “The re-introduction of shelter-in-place orders […]
December 23, 2020

Forbearance Rate Rise With COVID Surge

After a slight decrease, the number of mortgages in coronavirus-related forbearance climbed 1 basis point between Dec. 7 and Dec. 13, according to the Mortgage Bankers […]