Modest drop in 3Q commercial/multifamily delinquency rates.

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  • Additional Information
    • Subject Terms:
      UNITED States
    • Subject Terms:
      FANNIE Mae FNMA
    • Subject Terms:
      WOODBELL, Jamie
    • Abstract:
      The article reports on the decline of third quarter (3Q) delinquency rates in commercial and multifamily mortgages held by banks and in commercial-mortgage backed securities (CMBS) in the U.S. in 2011. According to Jamie Woodbell of Mortgage Bankers Association, delinquency rates for loans held by life insurance companies or insured by Fannie Mae and Freddie Mac rose slightly but are still at low levels. Moreover, it cites that delinquency rates for CMBS-held loans fell slightly.