Multifamily Late Loan Payments Uncharacteristically Spike in Sept.
In September, late payments for agency loans rose to 1.4% from 0.46% in August. Non-agency late payments rose from 1.83% in August to 2.78% in September.
By Les Shaver |
October 21, 2020 at 07:52 AM
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Cracks continue to emerge in the apartment sector.
Moody’s Analytics REIS recently reported a spike in late payments in the multifamily sector for both agency and non-agency loans.
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