Extend and Pretend" in action has served the lenders well in the past. "𝐈𝐧 𝐦𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲, "𝐀𝐭𝐥𝐚𝐧𝐭𝐚 𝐌𝐒𝐀'𝐬 𝐜𝐫𝐢𝐭𝐢𝐜𝐢𝐳𝐞𝐝 𝐦𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐥𝐨𝐚𝐧 𝐬𝐡𝐚𝐫𝐞 𝐡𝐚𝐬 𝐜𝐥𝐢𝐦𝐛𝐞𝐝 𝐚𝐛𝐨𝐮𝐭 𝟑𝟔 𝐛𝐚𝐬𝐢𝐬 𝐩𝐨𝐢𝐧𝐭𝐬 𝐭𝐨 𝟓𝟏.𝟓% 𝐢𝐧 𝐐𝟒 𝟐𝟎𝟐𝟑 𝐟𝐫𝐨𝐦 𝟏𝟓.𝟔% 𝐢𝐧 𝐐𝟒 𝟐𝟎𝟐𝟐," they wrote. "Other Sunbelt multifamily markets have also seen sizable increases in criticized loan rates. The New York City region previously had the highest criticized loan share for multifamily loans, but now the rate sits right below the four Sunbelt multifamily markets that have surpassed New York for the highest criticized multifamily loan share." https://lnkd.in/e_KTTiwG