The Emperor's New Clothes

Mortgage Delinquencies
December 31, 2013, 10:46 am
Filed under: Uncategorized

Delinquencies of mortgages owned by banks continue to improve. As you can see below, all three categories (resis, multis & commercial real estate) have improved dramatically since their peak in March of 2010.  Howver, there is still a lot of room for improvement in the residential arena.  Given the relative stengthening of real estate values across the country, continued improvement is expected. (source: 9/30/2013 Call Reports)


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