Delinquencies remain low at Freddie Mac (0.29%), Fannie Mae (0.54%) and banks (0.40%). The trouble is brewing in the $67 billion of CMBS, CDO and ABS loans.
Multifamily debt by lender
| Debt holder | Percentage | Total held |
| Agencies and GSEs | 48% | $986 billion |
| Banks and thrifts | 30% | $606 billion |
| Life insurance companies | 11% | $223 billion |
| State/local governments | 6% | $115 billion |
| CMBS, CDO and ABS | 3% | $67 billion |
Multifamily Market News 