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Mortgage lenders on both the residential and commercial sides of the business will have to deal with a different lending environment in 2016. These include enforcement of TILA-RESPA Integrated Disclosure violations plus rising interest rates and the impact on origination volumes. Here are 10 observations that originators need to mull over while crafting their business plans for the coming year.
December 31 -
The plunge in oil prices may jeopardize almost $125 million of securitized loans backed by real estate in North Dakota, as drillers in the state scale back operations, Morningstar Credit Ratings said.
December 31 -
Home values rose in 2015 though at a declining pace with overall rent payments also trending upwards, according to Zillow.
December 30 -
For commercial real estate investors, the good times may be over.
December 30 -
RAIT Financial Trust said it closed on its fifth commercial real estate collateralized loan obligation.
December 29 -
The strong recovery in commercial real estate has enabled borrowers to resolve a lot of problem loans made before the financial crisis, but Fitch Ratings continues to expect no recoveries from "hope notes."
December 28 -
Changes to the tax code approved by Congress may set the stage for increased privatization of real estate investment trusts, according to a new report from Fitch Ratings.
December 24 -
Bill de Blasio's plan to create apartments for New York's poor and middle class has come under fire from community leaders who say that what developers and the mayor call "affordable" remains out of reach for those in need.
December 24 -
The price of the loans underlying commercial mortgage-backed securities increased modestly from October to November, according to DebtX.
December 23 -
Vestin Realty Mortgage I Inc. in Las Vegas said it will seek to remove its common stock from trading on Nasdaq.
December 22 -
Analysts at Kroll Bond Rating Agency predict issuance in bonds backed by commercial mortgages could hit $125 billion next year, even with borrowing costs rising as interest rates go up.
December 17 -
The commercial mortgage-backed securities delinquency rate improved from October to November, according to Fitch Ratings.
December 15 -
Total commercial and multifamily mortgage debt outstanding increased in the third quarter, in a quarterly comparison, according to the Mortgage Bankers Association.
December 15 -
When news broke in October that New York's Stuyvesant Town was being sold, observers expected the $3 billion loan on the property to be paid off without a glitch.
December 3 -
The commercial mortgage-backed securities delinquency rate improved by double-digit basis points in November, fulfilling Trepp's forecast for a large monthly improvement.
December 2 -
Morgan Stanley is readying a deal backed by 57 commercial mortgages.
November 25 -
There's been concern this year that commercial mortgage bonds are getting backed by loans that are increasingly risky.
November 23 -
People's United Financial in Bridgeport, Conn., has dismissed three employees in the wake of alleged fraud on commercial real estate loans.
November 23 -
A joint venture formed by a regional credit union trade group and a loan servicer has a simple mission: to help small credit unions that lack expertise in SBA lending jump into the booming 7(a) market.
November 18 -
Funds associated with David Tepper sued to block CWCapital Asset Management LLC from recovering more than $500 million in interest from the mortgage on Manhattan's largest apartment complex.
November 12

