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CMBS Delinquency Level Keeps Falling.(Delinquency Rate)(Brief Article)

Mortgage Servicing News

| May 01, 2005 | COPYRIGHT 2005 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

New York -- Delinquencies for U.S. commercial mortgage-backed securities went down to 1.22% at March 2005 and the trend is likely to continue for the rest of 2005, according to Fitch Ratings.

The rating agency's loan delinquency index records a 31 basis point decline in CMBS delinquencies compared to the March 2004 index, continuing the downward trend in loan delinquencies that Fitch has been seeing since August 2004, the rating agency said.

"Fitch expects to see a continuing overall decline in the delinquency index over the remainder ...

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Source: HighBeam Research, CMBS Delinquency Level Keeps Falling.(Delinquency Rate)(Brief Article)

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