Bank lending on multifamily and commercial properties continues to recover as market and balance sheet conditions improve. New lending is diluting the impact of non-performing legacy loans, pushing default rates lower for the tenth consecutive quarter. Leading those improvements, the apartment default rate is now below 1.0 percent for the first time since 2007.
Read more...Q3 2013 Bank Lending and Default Report | Chandan Economics
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.