Commercial Property Deliquency Rates on the Rise
June 29, 2010
Delinquency rates for commercial mortgages held by banks, thrifts, and life companies rose in the first quarter, the Mortgage Bankers Association reports. “Weakness in the economy has continued to weigh on commercial properties, which in turn weighs on the mortgages they back,” says Jamie Woodwell, vice president of commercial real estate research at the mortgage […]
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