The rate of past-due payments on securitized commercial real estate loans increased last month and is expected to worsen further this year.
Delinquency of at least 30 days on loans that are included in commercial mortgage-backed securities closed out last year at 3.00 percent.
The past-due CMBS rate worsened by 2 basis points from the end of November. But the rate has tumbled 43 BPS from the end of 2015.
Source: Mortgage Daily