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Stock impact report

Trepp: Multifamily CMBS delinquencies, servicing rates fell in September [Yahoo! Finance]

BOK Financial Corporation (BOKF) 
Last bok financial corporation earnings: 4/22 07:55 am Check Earnings Report
US:NASDAQ Investor Relations: bokf.com
Company Research Source: Yahoo! Finance
Dive Brief: Delinquency rates for apartment commercial mortgage-backed securities declined 27 basis points from 6.86% to 6.59% in September, according to a report from data firm Trepp. However, multifamily delinquencies were still nearly double their rate of 3.33% in September 2024. Three months ago, they were 5.91%, and six months ago, they sat at 5.44%. Servicing rates for apartment CMBS loans fell 41 bps month over month to 8.2% in September, according to a separate report from Trepp . The multifamily rate was 6.07% a year ago and 8.31% six months ago. Dive Insight: After six months of increases, the Trepp CMBS delinquency rate for commercial real estate dropped six bps to 7.23% in September. The only sector to see delinquency rates rise in September was retail, which increased 34 basis points to 6.76% after back-to-back months of declines. Trepp's 30-day CRE delinquent loan balance is 0.48% in September, up seven bps from August. Lodging saw delinquency rates fall 7 Show less Read more
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