Heading Towards Default, an Update on the Commercial Real Estate Outlook...
Default Rates Fall On Banks' Commercial Real Estate | by Michael Tucker
MBA Newslink Reports: The default rate across commercial and multifamily loans held by banks fell to 3.45 percent in the first quarter, the lowest since 2009, reported Chandan Economics, New York. The apartment default rate fell 17 basis points quarter-over-quarter to 2.36 percent, its lowest level since the end of 2008.
Read this article on the Mortgage Bankers Association website at mbaa.org