For the third month in a row, the performance of securitized commercial real estate loans has deteriorated, with office loans leading the way.
The 30-day delinquency rate on loans that are included in commercial mortgage-backed securities concluded February 2017 at 3.04 percent.
That was 3 basis points worse than at the end of the previous month. Compared to the same point last year, the rate has risen 28 BPS.
Source: Mortgage Daily