Tuesday, July 1, 2008
MBA Says Home Construction Loan Delinquency Rate Misleading
Constructions loans for single and multi family projects in the United States are incorrectly included in commercial real estate delinquency reports, according to the Mortgage Bankers Association's most recent Commercial/Multifamily Research DataNote. According to the report, combining commercial real estate loans with construction projects destined for family dwellings greatly inflates the ...
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