An improvement was recorded in the performance of securitized commercial real estate loans, though deterioration is forecasted for next year.
As of Nov. 30 of this year, delinquency of at least 30 days on loans that are included in commercial mortgage-backed securities was 2.98 percent.
The 30-day rate moved down 5 basis points compared to the end of the previous month, when delinquency had moved higher by 13 basis points.
Source: Mortgage Daily