For the third month in a row, the rate of past-due payments on securitized commercial real estate loans was lower. Office building loans led the improvement.
On loans that are included in commercial mortgage-backed securities, the rate of 30-day delinquency concluded September 2017 at 5.40 percent.
CMBS delinquency improved compared to the preceding month, when the 30-day rate was 5.44 percent. The rate has declined each month since June, when it was 5.75 percent.
Source: Mortgage Daily
