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Commercial Mortgage Delinquencies Fall in September

Friday, Oct 02 2020
Commercial Lending
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Commercial and multifamily debt performance has improved in the last month, according to the Mortgage Bankers Association. So reports Seeking Alpha.

Fewer new loans became delinquent in September, as the share of commercial and multifamily balances that were current rose 0.7 percentage points to 94.3%, the MBA said.

However, the share of loans that were 90 days or more delinquent actually edged higher by 0.1 point to 3.0%.

Read the full article from Seeking Alpha. 

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