MBA: 4Q Commercial, Multifamily Mortgage Delinquencies Decline

Delinquency rates for mortgages backed by commercial and multifamily properties declined in the final three months of 2021, the Mortgage Bankers Association’s latest CREF Loan Performance Survey reported.

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“MBA will continue to oppose any attempts at legislative or regulatory change pertaining to the Fair Credit Act that reduces access to credit and leads to higher costs of FHA financing for first-time, low- to moderate-income and minority homebuyers.”
–Bill Killmer, MBA Senior Vice President for Legislative and Political Affairs.

MBA: April Commercial/Multifamily Mortgage Delinquencies Decline

Delinquency rates for mortgages backed by commercial and multifamily properties decreased again in April, reaching the lowest level since the onset of the COVID-19 pandemic, the Mortgage Bankers Association’s latest monthly CREF Loan Performance Survey reported.