During the 2008 financial crisis, Paul's research indicates that the delinquency on residential mortgages was as high as 4 - 5 % nationwide while
multifamily loan delinquencies were 1 % and almost nil if you excluded over exuberant markets (think Las Vegas, Phoenix and Miami) and had experienced operators.
Multifamily loan delinquency dipped slightly from its January and February rates to 2.38 % in March.
Not exact matches
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Delinquency rates for commercial and
multifamily mortgage loans continued to decline in the first quarter of 2015, according to the Mortgage Bankers Association's (MBA) Commercial / Multifamily Deli
multifamily mortgage
loans continued to decline in the first quarter of 2015, according to the Mortgage Bankers Association's (MBA) Commercial /
Multifamily Deli
Multifamily Delinquency Rep
This lending leniency, he says, has actually worked to lower the overall
delinquency rate for its
multifamily loans to 0.15 %, compared with a level of around 2 % when the program originally started in the late 1980s, says Davis.
For example,
multifamily has a low
delinquency rate overall, but Fitch is keeping a close eye on student housing
loans where there has been a surge in development activity and more competition added to the market in the past few years.
In the first quarter of 2010, the
delinquency rate on commercial /
multifamily loans originated by life insurance companies was below 0.5 percent, according to Savills.