When multi family DSCR move from 1.4x to 0.6x in two years (Arbor Realty)

[Carlos Ptriawan]

so there's research from short seller fund that is verifying inside of the lender book "Arbor Realty" (ticker ABR) that's showing their lending book has 50% loan going into delinquent status. The average weighted DSCR in that lender was like 1.4x just in 2021 but now it's 0.61x....wow this is shocking. I still thought before it was only like 0.9x. How could lender survive in this environment ? anyone also read their research ?