multi family loans: MBA reports Multifamily investments performing well
- 10/02/08 05:14 AM
Well darn......a little good news for my multifamily investment market again. I'll take any good news for now. The Mortgage Bankers Association (MBA) confirmed the multifamily investment market is still performing well for both investors and lenders. Although we have seen a small rise in multifamily delinquency rates in the second Q this year, last year was a record low in comparison for investors. The rise was less than expected though. Our financial resources of CMBS, Fannie Mae, Freddie Mac, Life Insurance and commercial banks all reported lower than expected delinquencies given the environment. All together this financial group holds … (2 comments)
Multifamily investments and straight talk from a Senior Underwriter, Banker and Lender. Rick Fitzgerald and AAM Capital (www.themultifamilyexperts.com) covers multi family investments, banking news and commercial real estate. Find out what we can do for you by calling us today.
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Well darn......a little good news for my multifamily investment market again. I'll take any good news for now.
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