Camper on Nostr: I guess the renters falling behind are causing the issues for the developers to fall ...
I guess the renters falling behind are causing the issues for the developers to fall behind on these loans?
That would check out with the high credit card deloquencies.
And the single family mortgages are on the upper income and assets side, and they are largely unfazed.
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The DLQAFREM index is a metric published by the Federal Reserve Economic Data (FRED) that tracks the serious delinquency rate of multifamily mortgages backed by Freddie Mac. Specifically, it measures the percentage of multifamily mortgage loans that are 90 days or more past due or in the process of foreclosure.
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That would check out with the high credit card deloquencies.
And the single family mortgages are on the upper income and assets side, and they are largely unfazed.
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The DLQAFREM index is a metric published by the Federal Reserve Economic Data (FRED) that tracks the serious delinquency rate of multifamily mortgages backed by Freddie Mac. Specifically, it measures the percentage of multifamily mortgage loans that are 90 days or more past due or in the process of foreclosure.
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