Commercial/Multifamily Delinquencies Continue Decline
June 3, 2015
The MBA released its first quarter 2015 commercial/multifamily delinquency rates report on Monday.
The report shows performance of commercial and multifamily mortgages continues to improve. Mortgages held by life insurance companies, and held and guaranteed by Fannie Mae and Freddie Mac, all have 60+ day delinquency rates below one-tenth-of-one-percent. And delinquency rates for commercial and multifamily mortgages held on bank balance sheets and in CMBS continue to decline.