Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report shows a decline in commercial and multifamily mortgage delinquencies in the first quarter of 2022. Based on the unpaid principal balance (UPB) of loans, the delinquency rate at the end of the first quarter of 2022 for banks and thrifts (90 or more days delinquent or in non-accrual) was 0.56%, a decrease of 0.03 percentage points from the fourth quarter of 2021. For life company portfolios
To Mean, or Not to Mean, That is the Question
There seems to be a consensus among appraisal reviewers that the appraiser should not average the adjusted sales prices of their comparables in order to
Brent Bowen
December 4, 2023
