New Market Tax Credits: Low Loan Loss Rate Highlights Stability and Solid Risk Management for Investors
NMTC loans have sustained significantly lower write offs or defaults over the past 10 years than comparable, conventional real estate loans. NAC senior managing director, Joe Falkson, recently compared two historical data sets tracking conventional mortgages maintained by Moody’s and Standard & Poor’s with a similar NMTC tracking data set. The result: the NMTC 10 […]