COMMERCIAL LOAN DELINQUENCIES
The Mortgage Bankers Association report that Commercial mortgages were among the best performing loans and leases held by banks and thrifts in the fourth quarter of last year. For 2008 and 2009 combined, banks and thrifts charged off more than $105.5 billion in consumer debt, $83 billion in residential mortgages, $51 billion in commercial and industrial loans, $47 billion in construction loans, $11 billion in commercial mortgages and $3 billion in multifamily mortgages.