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Commercial Mortgage-Backed Securities: UP, UP, and Away!
According to a recent report from Fitch, the percentage of commercial mortgage-backed securities loan balances that are delinquent at least 60 days or in foreclosure reached 8.76 percent, an increase of 17 basis points (0.17 percent) since January’s rate and 247 basis points (2.47 percent) over a year earlier.
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