CB RICHARD ELLIS GROUP, INC. ADDED TO PRESTIGIOUS “COMPANIES THAT CARE” HONOR ROLL
March 18, 2010 Posted by CB Richard Ellis
Chicago, IL - March 18, 2010 - (RealEstateRama) — March 18, 2010 – CB Richard Ellis Group, Inc. (NYSE:CBG) today announced it has been named to the prestigious Companies That Care Honor Roll for the third year in a row. Companies on the Honor Roll have demonstrated employer practices that signify their strong commitment to their employees and their communities, as determined by Center for Companies that Care, a national not-for-profit organization dedicated to enhancing the quality of life for employees and communities
MBA Analysis: Commercial and Multifamily Mortgage Debt Outstanding Declined 2.8 Percent in 2009
March 18, 2010 Posted by MBA
Washington, DC - March 18, 2010 - (RealEstateRama) — The level of commercial/multifamily mortgage debt outstanding decreased by 1.7 percent in the fourth quarter, to $3.4 trillion, according to the Mortgage Bankers Association (MBA) analysis of the Federal Reserve Board Flow of Funds data. On a year-over-year basis, the amount of mortgage debt outstanding at the end of 2009 was $99 billion lower than at the end of 2008, a decline of 2.8 percent.
MBA Report Shows Economic Fallout Continues to Impact Commercial Real Estate Markets/Delinquencies in 4th Quarter 2009
March 11, 2010 Posted by MBA
Washington, DC - March 11, 2010 - (RealEstateRama) — Delinquency rates continued to increase in the fourth quarter for most commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report
MBA Analysis Shows Commercial/Multifamily Mortgage Performance Remains Stronger Than Overall Bank/Thrift Loan
March 9, 2010 Posted by MBA
Today the Mortgage Bankers Association (MBA) released its most recent Commercial/Multifamily Research DataNote, which examines the performance of loans and leases held by banks and thrifts as of the fourth quarter of 2009. The results show that commercial and multifamily mortgages continue to have the lowest charge-off rates of any loan type at banks and thrifts and have 30+ day delinquency rates lower than the overall portfolio of loans and leases held by these institutions
CBA Testifies on the Condition of Small Business & Commercial Real Estate Lending In Local Markets
February 26, 2010 Posted by CBA
Arlington, VA - February 26, 2010 - (RealEstateRama) — Cathleen H. Nash of Citizens Republic will testify on behalf of the Consumer Bankers Association (CBA) today during a joint hearing of the US House of Representatives Small Business & Financial Services Committees.
ABA REAL ESTATE CONFERENCE FOCUSES ON REFORMS, CHANGING MARKETS
February 19, 2010 Posted by ABA
WASHINGTON, DC - February 19, 2010 - (RealEstateRama) — Bankers will receive insights on how to manage their commercial and residential lending practices in today’s challenging environment at the American Bankers Association Real Estate Lending Conference, March 21-23 in Weston, Fla.
Congressional Oversight Panel Analyzes Commercial Real Estate Losses and the Risk to Financial Stability
February 11, 2010 Posted by RealEstateRama
Wave of Refinancing Could Overwhelm an Already Weakened Financial System Community Banks at Greatest Risk. WASHINGTON, D.C. - February 11, 2010 - (RealEstateRama) — The Congressional Oversight Panel today released its February oversight report, “Commercial Real Estate Losses and the Risk to Financial Stability.” The Panel is deeply concerned that a wave of commercial real estate loan losses over the next four years could jeopardize the stability of many banks, particularly community banks, and prolong an already painful recession.
MBA Study: Originations of Commercial and Multifamily Mortgages Increased in Fourth Quarter 2009
February 2, 2010 Posted by MBA
Las Vegas, NV - February 2, 2010 - (RealEstateRama) — Fourth quarter 2009 commercial and multifamily mortgage loan originations were 12 percent higher than during the same period last year and 15 percent higher than during the third quarter of 2009, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
Wells Fargo/Wachovia, PNC/Midland and Berkadia Lead National Rankings of Commercial/Multifamily Servicing Volumes
February 1, 2010 Posted by MBA
Las Vegas, NV - February 1, 2010 - (RealEstateRama) — The Mortgage Bankers Association (MBA) today released its year-end ranking of commercial and multifamily mortgage servicers as of the end of December 31, 2009. On top of the list of firms is Wells Fargo/Wachovia Bank with $473.8 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $322.9 billion, Berkadia Commercial Mortgage with $217.9 billion, Bank of America Merrill Lynch with $131.7 billion, KeyBank Real Estate Capital with $128.5 billion, and GEMSA Loan Services LP with $102.3 billion.
Congressional Oversight Panel to Hold Field Hearing in Atlanta on Commercial Real Estate
January 22, 2010 Posted by RealEstateRama
January 22, 2010 - (RealEstateRama) — On Wednesday, January 27, the Congressional Oversight Panel will hold a field hearing in Atlanta on the state of commercial real estate lending, the potential effect of commercial real estate problems on the banking system, and the role and impact of the Troubled Asset Relief Program (TARP) in addressing that effect. The Panel will hear from government witnesses as well as local bankers and investors about their perspectives on commercial real estate, the financing markets, and the performance of the TARP
