U.S. CMBS delinquencies leveled off last month after three straight months of deteriorating performance, according to the latest index results from Fitch Ratings.
CMBS late-pays fell three basis points (bps) in June to 8.62% from 8.65% in May. The drop in delinquencies comes after sizeable increases in each of the prior three months.
Read more...TEXT-Fitch:U.S. CMBS delinquency rate flat in June; Atlanta woes continue | Reuters
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