WASHINGTON, DC (July 1, 2008)--The Mortgage Bankers Association (MBA) released today its most recent Commercial/Multifamily Research DataNote, which examines federally published data on banks' commercial/multifamily mortgage delinquency rates.
The DataNote finds that some of these series include construction loans, including those for single-family and other construction and development projects.
The inclusio
n of these loans greatly inflates the delinquency rates reported for commercial and multifamily real estate loans. Once construction and development loans are excluded, commercial and multifamily mortgages have delinquency levels that are close to historic lows.
n of these loans greatly inflates the delinquency rates reported for commercial and multifamily real estate loans. Once construction and development loans are excluded, commercial and multifamily mortgages have delinquency levels that are close to historic lows. (MBA's headquarters building in Washington, DC is at top right)
Research DataNotes are produced by MBA's research and economics staff to provide periodic insights into important issues within the real estate finance industry. Please visit the following Web link to review this Research DataNote:
http://www.mortgagebankers.org/files/Research/CommericalDataNotes/CommericalDataNote070108.pdf
Should you have questions, please contact Jason Vasquez at (202) 557-2950 or jvasquez@mortgagebankers.org
Research DataNotes are produced by MBA's research and economics staff to provide periodic insights into important issues within the real estate finance industry. Please visit the following Web link to review this Research DataNote:
http://www.mortgagebankers.org/files/Research/CommericalDataNotes/CommericalDataNote070108.pdf
Should you have questions, please contact Jason Vasquez at (202) 557-2950 or jvasquez@mortgagebankers.org
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