Aggregate multifamily loans at U.S. banks and thrifts rose 1.3% quarter over quarter to $435.84 billion as of March 31, a 6.0% increase year over year.
Meanwhile, multifamily loan delinquencies continued to decline, sliding to 0.23%.
JPMorgan Chase & Co., the U.S. banking industry's largest multifamily lender, reported $71.37 billion in multifamily loans at the end of the quarter, a 0.1% increase since the end of 2018 and a 1.2% increase over the year-ago quarter.
Click here to set up real-time alerts for data-driven articles on the U.S. financial sector. Click here to access data on the 25 largest multifamily lenders as of March 31. S&P Global Market Intelligence compiles multifamily data based on loans reported in call reports and Form Y-9s. Click here to see the aggregated data for commercial banks. |