Saturday, March 5, 2016

Mortgage Bankers Association Reports Commercial/Multifamily Delinquencies Remain Low

Jamie Woodwell
WASHINGTON, DC -- Delinquency rates for commercial and multifamily mortgage loans continued to decline in the fourth quarter of 2015, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

“The performance of commercial and multifamily mortgages remains strong, with continued improvement in the delinquency rates of loans held by banks and in commercial mortgage backed securities (CMBS),” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research.  “Strong property fundamentals and values, coupled with still low interest rates, are likely to continue the positive trend.”

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

(202) 557-2727

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