Multifamily Mortgage Delinquency Rates Rise in First Quarter ‘09

By Anuradha Kher, Online News EditorWashington, D.C.–The weakening economy and continued credit crunch led to increases in multifamily mortgage delinquencies during the first quarter of 2009, according to the Commercial/Multifamily Delinquency Report, released by the Mortgage Bankers Association (MBA). “Multifamily mortgage delinquency rates continued to rise in the first quarter,” Jamie