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| Jamie Woodwell |
ASHINGTON, DC -
Delinquency rates for commercial and multifamily mortgage loans continued to
decline in the third quarter of 2015, according to the Mortgage Bankers
Association’s (MBA) Commercial/Multifamily Delinquency Report.
“Commercial and
multifamily mortgages are performing very well,” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate
Research.
“Delinquency rates for loans held by life
companies, Fannie Mae and Freddie Mac are all hovering near zero.
"Among loans held by banks, the delinquency
rate for multifamily loans is now lower than it has been since the series began
in 1993, and the delinquency rate for mortgages backed by other commercial
properties is down to levels seen before the most recent recession.”
For a complete copy of the company’s news release,
please contact;
Ali Ahmad
(202) 557-2727
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