Thursday, 29 September 2022 | The Latest Buzz for the Appraisal Industry

Delinquency Rates Stay Low in Q1 2022 for Commercial, Multifamily Mortgages

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

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