Commercial, Multifamily Delinquencies Fell In Q3

Commercial, Multifamily Delinquencies Fell In Q3

Delinquencies on commercial and multifamily mortgages fell in Q3 2021, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report. Loans delinquent by more than 90 days or in non-accrual fell by 0.06 points in Q2 to 0.69% for banks and thrifts. Life company portfolios saw a decrease of 0.01 to 0.04% for loans 60…

Freddie Mac CEO David Brickman Resigns

Freddie Mac CEO David Brickman Resigns

Freddie Mac chief executive officer David Brickman notified the company this week that he is stepping down from the role he has held since just last year, Freddie announced Friday in an SEC filing. Brickman’s resignation will be effective January 8. Freddie gave no reason for Brickman’s decision in the filing, though a spokesman told the…

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