Tuesday, May 7, 2013

Trepp April Payoff Report: Percentage of Loans Paying at Maturity Rebounds


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NEW YORK, NY -- According to the Trepp April Payoff Report, the percentage of loans paying off on their balloon date registered 64.6%. This was eight points above the March reading of 56.6%.

 The rate has now exceeded 60% in six of the past eight months. The March rate of 64.6% is well above the 12-month moving average of 52.8%.

(This number sums the averages of each month and divides by 12, there was no balance weighting across the months.) By loan count (as opposed to balance), 73.6% of loans paid off. By that measure, it was the highest reading since September 2008. The 12-month rolling average by loan count is now 60.8%.

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

Eric R. Gerard
Senior Vice President
Great Ink Communications
27 Union Square West, Suite 205
New York, NY 10001
(212) 741-2977

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