The successful resolution of commercial real estate loans securitized in 2006 was behind a drop in delinquency. But hotel loans didn’t participate in the improvement.
On loans that are included in commercial mortgage-backed securities, delinquency of at least 60 days concluded November at 6.30 percent.
CMBS loan performance improved compared to the preceding month, with the 60-day delinquency rate retreated 4 basis points.
Source: Mortgage Daily