CRE Default Rate at Two-Year Low Citing Chandan's Q3'11 Bank Default and Lending Report, the Mortgage Bankers Association's Michael Tucker writes that banks' commercial real estate default rates fell to a two-year low in the third quarter. The new report, which aggregates data from across the nation's banks, shows that the combined default rate on multifamily and commercial real estate loans fell to 3.75 percent in the third quarter.

See the Mortgage Bankers Association NewsLink.