Monday, June 1, 2015

Mortgage Bankers Association Reports Commercial/Multifamily Delinquencies Continue to Decline in First Quarter


Jamie Woodwell
WASHINGTON, D.C. (June 1, 2015) — Delinquency rates for commercial and multifamily mortgage loans continued to decline in the first quarter of 2015, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

“Commercial and multifamily mortgage performance continues to improve. Increasing property incomes, rising property values and a strong finance market are working together to push delinquency rates lower,” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research.

The MBA analysis looks at commercial/multifamily delinquency rates for five of the largest investor-groups: commercial banks and thrifts, commercial mortgage-backed securities (CMBS), life insurance companies, Fannie Mae, and Freddie Mac.  Together these groups hold more than 80 percent of commercial/multifamily mortgage debt outstanding.

For a complete copy of the company’s news release, please contact:


Ali Ahmad
aahmad@mba.org

(202) 557-2727

Posted by Alex at 10:34 AM
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