Thursday, 6 May 2021 | The Latest Buzz for the Appraisal Industry

MBA: Commercial Mortgage Delinquency Rates Are Still Slow to Improve

According to the Mortgage Bankers Association’s (MBA) latest monthly CREF Loan Performance Survey, commercial mortgage delinquency rates decreased in April to reach the lowest level since the onset of the COVID-19 pandemic.

Overall, 95.1% of outstanding loan balances were current, up from 95% in March.

Although lower than in past months, the delinquency rate remains stubbornly high by historical standards thanks to hard times in the hotel and retail sectors. Loans backed by lodging

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