CRE

The delinquency rate on commercial mortgage-backed securities rose from May to June, according to Trepp's monthly report.

After it all but stopped making real estate and development loans following the housing crash, Farmers & Merchants Bank has increased its real estate loans by more than 61% over the last two years. It's a figure that’s likely to keep rising as California's real estate market heats up and the $5.6 billion-asset bank continues to add commercial real estate, construction and mortgage lending specialists to keep pace.

Bankers and commercial real estate developers are protesting new restrictions on construction lending, arguing they are poised to hurt credit availability and drive loans into risky, unregulated sectors.

Wells Fargo has hired two executives to expand its lending for manufactured housing, following the San Francisco company's purchase of a multibillion-dollar loan portfolio from GE Capital.

Wells Fargo Bank is marketing $914 million of commercial mortgage bonds, according to a presale report released by Kroll Bond Rating Agency.

Royal Financial in Chicago has agreed to sell $29.1 million in distressed assets, a deal mandated by a bankruptcy judge as part of the company's acquisition of PNA Bank.

Varde Partners has closed a $500 million fund that will invest in real estate securities, the firm announced this week.

Wells Fargo has hired a new head of commercial real estate lending for its Orange County, Calif., office.

Amalgamated Bank in New York has reached an agreement with a real estate firm to provide construction loans for apartment and condo buildings in New York.

Deutsche Bank priced most tranches issued from its $1 billion commercial mortgage securitization wider than the last conduit issued, according to a regulatory filing.

Life insurers increased their rate of investment in mortgages in 2014, according to a Fitch Ratings report.

Real estate executives have turned more bullish on the real estate market as it continues to attract the interest of foreign investors, a new study from law firm Akerman LLP found.

The number of delinquent loans backing commercial mortgage-backed securities dropped significantly in May, according to a report by Trepp.

Signs of increased underwriting discipline dissolved in the first quarter, creating a challenge for U.S. CMBS investors, according to Fitch Ratings.

Thorofare Capital in Los Angeles has agreed to originate commercial real estate bridge loans on behalf of the money manager DoubleLine Capital.

The price of loans that underlie commercial mortgage-backed securities fell slightly from March to April, according to a market research firm.

Ocwen Financial will close a call center in Houston as the mortgage servicer continues to downsize.

Toll Brothers Inc., the largest U.S. luxury homebuilder, reported an increase in quarterly earnings as lower tax provisions made up for a decline in revenue.

Demand for commercial real estate is on a gradual road to recovery, the National Association of Realtors says, thanks to a stronger labor market and growing household formation among young adults.

The cost to rent housing grew at a faster rate than home values in April, as rising rents make it difficult for many consumers to afford a mortgage, according to Zillow's monthly real estate report.