The delinquency rates for commercial and multifamily mortgages continued to fall in the third quarter, new data from the Mortgage Bankers Association (MBA) claims.
The trade group released its commercial/multifamily delinquency report Tuesday, noting that loans 60 or more days past due held by life company portfolios fell 0.02 percentage points to 0.06%.
Meanwhile, the serious delinquency rate for multifamily loans held or insured by Freddie Mac fell 0.04 percentage points to a rate of 0.05%.
Read more...Multifamily loan delinquencies decline in 3Q | 2013-12-03 | HousingWire
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