Mortgage Bankers Association President and CEO Bob Broeksmit on Monday called 2025 a “historic year” for the trade group, highlighting major legislative and regulatory victories during his opening address Monday morning at the association’s Annual Convention and Expo in Las Vegas. Broeksmit shared with the audience that the MBA helped shape roughly 10% of all […]
MBA’s Bob Broeksmit celebrates legislative victories in 2025 Read More »
Two large Manhattan office delinquencies fueled a double-digit increase in the overall delinquency rate in commercial mortgage-backed securities (CMBS) for September, according to Fitch Ratings. Overall, new 60-day-plus delinquencies totaled $2 billion, up from $1.69 billion in August, Fitch said. Maturity defaults accounted for half, or 51% ($1.05 billion) of new delinquencies, while the rest
CMBS delinquencies rise by double digits in September Read More »
Mortgage rates ended last week at the lowest levels in just over a month. It was the 3rd best day in over a year and the 24th best day in over 3 years. The other 23 days weren’t too much lower either. The only difference today is a microscopic improvement that makes it the 2nd
Another Boring Day With Mortgage Rates Near 3-Year Lows Read More »