1 / 0

CMBS Industry Delinquency

CMBS Industry Delinquency. CMBS Delinquency by Property Type. Cumulative Losses by Vintage. Monthly SS Inventory. Year over year, LNR’s “named SS” portfolio has seen a 24% decrease by balance and a 20% decrease by count; $133.6 billion at YE 2012 from $176.1 billion at YE 2011

geona
Download Presentation

CMBS Industry Delinquency

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. CMBS Industry Delinquency
  2. CMBS Delinquency by Property Type
  3. Cumulative Losses by Vintage
  4. Monthly SS Inventory Year over year, LNR’s “named SS” portfolio has seen a 24% decrease by balance and a 20% decrease by count; $133.6 billion at YE 2012 from $176.1 billion at YE 2011 Year over year, LNR’s current SS/REO inventory has seen a 34% decrease by balance and a 23% decrease by count; $20.0 billion at YE 2012 versus $27.0 billion at YE 2011
  5. Transfer In & Out of Special Servicing During 4Q 2012: Transfers in totaled $1.85 billion, comprised of 200 loans Resolutions totaled $3.0 billion, consisting of 246 loans, which is lower than the 2012 quarterly average of $3.8 billion
  6. Shift to REO In 2012, LNR’s portfolio shifted towards an increased amount of REO properties – from 339 REO Properties as of 12/31/11 to 458 REO properties as of 12/31/12 There were 188 REO loans sold in 2011 with a gross sales price of $1.21Bn. In 2012, there were 213 REO loans sold with a gross sales price of $1.62Bn Reasons for shift include: Foreclosures commenced in 2010/11 in slow foreclosure states are now resolving Selling less non-performing loans as LNR has achieved a better execution through an REO sale
More Related