According to 2 new reports released jointly today by the Mortgage Bankers Association, delinquency rates of mortgages backed by commercial and multifamily properties reveal the various impacts the COVID-19 pandemic has had on different types of commercial real estate.

The findings come from MBA's new Commercial Real Estate Finance (CREF) Loan Performance Survey for August, and the latest quarterly Commercial/Multifamily Delinquency Report for the second quarter of 2020. The CREF Loan Performance Survey was developed by MBA to better understand the ways the pandemic is - and is not - impacting commercial mortgage loan performance. MBA's regular quarterly analysis of commercial/multifamily delinquency rates is based on third-party numbers covering each of the major capital sources.