Delinquency on securitized commercial real estate loans has fallen to its lowest level during the decade that has passed since the financial crisis.
Delinquency of at least 30 days on loans owned by commercial-mortgage backed securities trusts concluded May at 2.15 percent.
Last month’s 30-day delinquency rate turned out to be the lowest rate for securitized CRE loans since the financial crisis in 2008.
Source: Mortgage Daily