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CMA
November 10, 2017  

CMBS Measures Show Improvement

The percentage of securitized commercial mortgages in the hands of special servicers dropped last month to its lowest level in more than a year.Some 6.12% of commercial MBS loans were in special servicing as of Oct. 31, down 23 bp from a month earlier, according to Trepp. The rate hasn’t been lower since July 2016, when it stood at 6.07%.Meanwhile, the delinquency rate for CMBS loans, as measured by Fitch, decreased by 3 bp to 3.5% last...


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