After worsening for several months in a row, the past-due rate on securitized commercial real estate loans moved lower. Office building loans drove the decline.
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Loans that are included in commercial mortgage-backed securities had a 30-day delinquency rate of 3.09 percent as of May 31, 2017.

The ratio of past-due CMBS payments improved from 3.14 percent the preceding month — when delinquency had been up five consecutive months.


Source: Mortgage Daily