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Delinquencies Unchanged in CA.(Brief Article)(Statistical Data Included)
The California Mortgage Bankers Association reports that 99.8% of commercial real estate loans in California are either current or only one payment behind.
The CMBA's survey of 20 commercial mortgage servicers found that just .2% of loans are delinquent. In fact, 18 of the 20 firms in the survey reported no delinquencies in the commercial mortgage portfolios in the fourth quarter of ...
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