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| Jamie Woodwell |
WASHINGTON, DC (September 4, 2013) – Delinquency rates for
commercial and multifamily mortgage loans declined in the second quarter of
2013, according to the Mortgage Bankers Association’s (MBA)
Commercial/Multifamily Delinquency Report.
“Commercial and multifamily loan performance continued to
improve during the second quarter, with delinquency rates falling for every
major investor group,” said Jamie Woodwell, MBA’s Vice President of
Commercial Real Estate Research.
“The quarterly
decline in the delinquency rate of loans held in commercial mortgage-backed
securities (CMBS) was the largest on record, and delinquency rates for loans
held by life companies and the GSEs remain low and fell lower during the
quarter.”
To view the report, please visit the following Web link: www.mortgagebankers.org/files/Research/CommercialNDR/2Q13CommercialNDR.pdf.
For a complete copy of the company’s news release, please
contact:
Matt Robinson
(202) 557-2727
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