Not exact matches
Even if student
loan debt itself doesn't prevent millennials from owning real
estate, rising
delinquency rates on the
loans can.
Properly secured residential real
estate loans with
loan - to - value ratios equal to or less than 60 percent are generally not classified based solely on
delinquency status.
Investors dealing with low credit scores, high debt ratio, bankruptcy,
delinquencies, or who may already have too many real
estate loans are often denied financing by banks regardless of how profitable the real
estate deal.
The
delinquency rate for all
loans in the commercial market has nearly doubled since the second quarter of 2006, to 1.92 percent, reports REIS, Inc., a New York - based provider of commercial real
estate performance information.
Data from Trepp, a company that tracks data on the performance of securitized mortgages, shows that the
delinquency rate on commercial real
estate loans is on the rise.
The retail real
estate sectors may be lagging other property types a bit when it comes to property price increases and
loan delinquencies, but it appears to be on the right path going forward.
U.S. hotels were just barely profitable, and nearly 8 % of all hotel
loans underwritten by CMBS were delinquent (60 days late or more) compared to
delinquencies of just 1.75 % in commercial real
estate as a whole, according to Van Konynenburg.
The CMBS
delinquency rate for U.S. commercial real
estate loans rose 28 basis points in June to reach 5.75 percent, according to research firm Trepp.
The
delinquency rate for US commercial real
estate loans in CMBS is now 4.51 %, a decrease of 32 basis points from the January level.
The overall
delinquency rate for US commercial real
estate loans in CMBS is now 4.55 %, an increase of four basis points from the February level.
The
delinquency rate for US commercial real
estate loans in CMBS is now 4.83 %, a decrease of six basis points from the December level.
The
delinquency rate for US commercial real
estate loans in CMBS is now 5.49 %, a decrease of 26 basis points from the June level.
Deposits at the $ 7.2 billion bank are up, and the
delinquency rate on existing commercial real
estate loans is 0 percent.
Tagged In: CMBS Issuance, CMBS
Delinquencies, Retail Real
Estate, CMBS
Loan Losses, Retail Closures, Corporate Bankruptcy