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CA Commercial Loans Hit Performance Record.(California Mortgage Bankers Association survey report)(Brief Article)(Polling Data)(Statistical Data Included)
The California Mortgage Bankers Association reports that 99.97% of commercial real estate loans serviced by mortgage bankers that participate in its quarterly survey continue to be performing.
That means that only 0.03% of California commercial mortgages were two or more payments late in the second quarter, according to the CMBA. It was the lowest delinquency rate reported in the 12-year history of the survey.
The association's survey of 20 commercial mortgage ...
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