Submitted by Mortgage News Desk on Jan 5 2012
Trepp LLC, a provider of information, analytics and technology to the commercial mortgage-backed securities (CMBS), commercial real estate and banking markets, has released its December 2011 U.S. CMBS Delinquency Report. The December delinquency rate for U.S. commercial real estate loans in CMBS rose seven basis points to 9.58 percent. After a positive November report that saw the delinquency rate fall 26 basis points, the rate reversed course and moved higher in December for the third time in the last four months and the eighth time in 2011.Click to continue