While quarterly performance on most types of commercial real estate loans improved, late payments deteriorated on securitized CRE loans.
The rate of 30-day delinquency on loans included in commercial mortgage-backed securities concluded the third quarter at 4.23 percent.
Compared to three months earlier, the 30-day rate worsened 19 basis points. The past-due rate improved, however, 61 BPS from a year earlier.
Source: Mortgage Daily