Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

For the 28th consecutive quarter, the California Commercial Loan Delinquency Ratio is below one half of 1 percent, according to the California Mortgage Bankers Association's latest survey. According to the September 30, 2005 Quarterly Delinquency Survey, 99.86 percent of the California commercial real estate loans serviced by 17 mortgage banking firms were either current or only one payment delinquent. This translates into a delinquency ratio of .14 percent, matching the two-and-a-half-year-low delinquency ratio of Dec. 31, 2002. This compares with a delinquency ratio of .18 percent three months ago and .24 percent a year ago. Fifteen of the seventeen companies reported no loans more than 30 days delinquent. Of the $70.6 billions of loans being serviced by the 17 California commercial...