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| 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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