Tuesday, December 3, 2013

Multifamily loan delinquencies decline in 3Q via HousingWire

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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