DSCR shows if rental income can cover monthly debt through every season

Property insurance claims are decreasing by volume but heading in the opposite direction in severity and cost, a trend that servicers will need to monitor as they work with homeowners following extreme weather events. Processing Content The number of U.S. claim assignments dropped to 1.24 million in the second quarter, falling 12.2% on a year-over-year…

Mortgage rates moved higher again on Tuesday as the bond market continues recalibrating expectations for Fed policy, economic growth, and inflation. The weakness is especially frustrating considering a fairly large drop in oil prices today, but as we discussed yesterday, rates have a lot more on their mind than oil these days. Our top-tier 30yr…

The office sector in the 25 largest U.S. markets showed renewed strength in July as vacancy rates dropped, the construction pipeline slowed and listing rates were on the rise, according to a report from CommercialCafe. The commercial real estate marketplace firm found that the national office vacancy rate in July stood at 17.7%, down 130…

Marianne Lake knew that being top dog could be precarious. At a June 9 investor conference, the then-CEO of consumer and community banking for giant JPMorganChase talked about her unit’s multiyear run of earnings and customer growth, and the challenges of being on top. Processing Content “What does the competition do?” she asked. “They look…

BRICS Leaders Call for Restraint and Multilateral Approach in Joint Declaration BRICS Joint Declaration Highlights and Global Context By Sarita Chaganti Singh Adoption of the Declaration and Concerns Over Middle East Conflict NEW DELHI, Sept 12 (Reuters) – The BRICS group of nations unanimously adopted a joint declaration on Saturday, expressing “deep concern” over the…