Commercial/Multifamily Delinquency Rates Decline in Q2

Jamie Woodwell

 WASHINGTON, DC (September 4, 2013) – Delinquency rates for commercial and multifamily mortgage loans declined in the second quarter of 2013, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report.

“Commercial and multifamily loan performance continued to improve during the second quarter, with delinquency rates falling for every major investor group,” said Jamie Woodwell, MBA’s Vice President of Commercial Real Estate Research.

 “The quarterly decline in the delinquency rate of loans held in commercial mortgage-backed securities (CMBS) was the largest on record, and delinquency rates for loans held by life companies and the GSEs remain low and fell lower during the quarter.”

To view the report, please visit the following Web link: www.mortgagebankers.org/files/Research/CommercialNDR/2Q13CommercialNDR.pdf.

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

Matt Robinson

(202) 557-2727