Excerpts from Article: “According to the Mortgage Bankers Association’s (MBA) Commercial and Multifamily Delinquency Report, delinquency rates for commercial and multifamily mortgage loans continued to decline in the first quarter of 2015.”
- “Life company portfolios: (60 or more days delinquent): 0.06 percent, a decrease of 0.02 percentage points from the fourth quarter of 2014;
- Freddie Mac (60 or more days delinquent): 0.03 percent, a decrease of 0.01 percentage points from the fourth quarter of 2014;
- Banks and thrifts (90 or more days delinquent or in non-accrual): 1.03 percent, a decrease of 0.11 percentage points from the fourth quarter of 2014;
- CMBS (30 or more days delinquent or in REO): 5.17 percent, a decrease of 0.19 percentage points from the fourth quarter of 2014;
- Fannie Mae (60 or more days delinquent): 0.09 percent, an increase of 0.04 percentage points from the fourth quarter of 2014.”
Citation and Link: Gerrity, Michael. 2 Jun 2015. “Commercial, Multifamily Mortgage Delinquencies Continue Decline in US” World Property Journal. 4 Jun 2015. http://www.worldpropertyjournal.com/real-estate-news/united-states/mortgage-bankers-association-commercial-mortgage-delinquency-rates-commercial-mortgage-backed-securities-cmbs-fannie-mae-freddie-mac-9130.php
Picture Citation and Link: “Commercial, Multifamily Mortgage Delinquencies Continue Decline in US” 2015. “www.worldpropertyjournal.com.” 4 Jun 2015. http://www.worldpropertyjournal.com/real-estate-news/united-states/mortgage-bankers-association-commercial-mortgage-delinquency-rates-commercial-mortgage-backed-securities-cmbs-fannie-mae-freddie-mac-9130.php