CMBS Delinquencies Dropped in February via American Banker Article

Real estate loans that make up commercial mortgage-backed securities that were delinquent by at least 30 days or in foreclosure fell to 9.42% for the month, 15 basis points lower than January and 29 basis points fewer than December, says the report by Trepp, a New York-based data firm.

The delinquency rate has fallen 92 basis points since peaking at 10.34% in July, according to Trepp.

The percentage of loans that were delinquent by at least 60 days or in foreclosure fell 15 basis points from January, to 8.96%

Read more...CMBS Delinquencies Dropped in February - American Banker Article