Commercial mortgages

Late payments on office loans have trended upward recently, but longer lease periods may mitigate the potential for distress in that sector, the Mortgage Bankers Association said.

The acquirer will use the liquidation of a residential mortgage company’s assets to move several notches up in the rankings.

It will be several years before business and group travel return to normal levels, according to an estimate from the American Hotel & Lodging Association.

The city's office vacancy rate rose to 20.1% in the second quarter despite an increase in leasing activity.

Also, Freddie Mac elects a former NY Fed leader to its board, Cenlar hires a servicing veteran and NewDay USA gains a tech officer.

Fears of a permanent exodus from office life may have been premature, according to a study that finds a majority of businesses plan changes, but no significant downsizing of space.

Experts expect only a small uptick in distressed mortgages, either through default or inability to refinance, which will create some opportunity for debt buyers

A $28.8 billion rise in multifamily debt made up 65% of the $44.6 billion quarter-to-quarter gain, the Mortgage Bankers Association reported.

While there was a small uptick in missed payments for multifamily loans, the rate remained in the same area it's been at for the last year, according to the Mortgage Bankers Association.

The company provides a secondary market outlet for its retail and wholesale lending corporate sibling as well as for small balance commercial loans.