Mortgage Bankers Assn. Reports Increase in Deliquency Rates for All Commercial/Multifamily Mortgage Investor Groups
By Mark Heschmeyer June 23, 2010
Delinquency rates continued to increase in the first quarter for all commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report. The delinquency rate for loans held in CMBS is the highest since the series began in 1997.
“Weakness in the economy has continued to weigh on commercial properties, which in turn weighs on (FULL STORY)