CMBS Delinquency, Special Servicing Rates Dip in December

Fitch Ratings, New York, said the commercial mortgage-backed securities delinquency rate dipped nine basis points in December to 2.67 percent, driven by robust new issuance, continued loan resolutions and fewer new delinquencies.

CMBS Liquidation Volume Jumps

Commercial mortgage-backed securities liquidation volume bounced back after a pandemic-related pause, analysts said.

CMBS Delinquency Rate Drops Sharply

The commercial mortgage-backed securities delinquency rate declined sharply in August, posting the largest drop in six months, reported Trepp LLC, New York.

Trepp: 4Q Bank CRE Loan Data Show ‘Elevated Distress’

The U.S. economy is well into its recovery from the pandemic recession, but Trepp LLC, New York, noted bank commercial real estate loans indicated “elevated distress” in the fourth quarter.

CMBS Delinquency Rate Dips

The commercial mortgage-backed securities delinquency rate dipped in November, largely due to continued Coronavirus debt relief, said Fitch Ratings, New York.