Late Payments on Multifamily & Retail CMBS Highest Since 2001

by reggielal on June 15, 2009

Overdues on securities backed by multifamily and retail commercial loans climbed 29 basis points in May to 2.07%, according to Fitch Ratings Agency — the highest percentage of delinquencies since the company created a tracking index back in 2001.

Previous post:

Next post: