Commercial mortgage-bond delinquencies up
Tuesday, November 22nd, 2005As expected delinquency rates rose in November for Commercial Mortgage Backed Securities (CMBS). Over sixty percent of the newly delinquent loans are in Florida, Louisiana, Mississippi and Texas.
The delinquency rate on fixed-rate commercial mortgage backed securities - which measures the number of loans for which borrowers are 30, 60, 90 or more days behind [...]
