The quarterly performance of real estate loans secured by commercial properties improved for most investor types. Just securitized loans have worsened from a year ago.
As of the first quarter of this year, delinquency of at least 30 days on loans included in commercial mortgage-backed securities was 4.45 percent.
The rate retreated from the final quarter of last year, when it was 4.53 percent. But deterioration has occurred since the first quarter of last year, when the rate was 3.87 percent.
Source: Mortgage Daily