Delinquency on securitized commercial real estate loans jumped to the highest level in nearly two years. But CRE loan delinquency at banks was the lowest it’s been since at least 2007.

Delinquency of at least 30 days on loans that are included in commercial mortgage-backed securities ended the first half of this year at 4.84 percent — the highest rate since the third-quarter 2015.

The rate ascended 39 basis points versus the end of the first quarter. Compared to the same three-month period last year, CMBS delinquency has soared by 80 BPS.

Source: Mortgage Daily