Bloomberg News

Late Commercial-Mortgage Bond Payments Drop, Fitch Ratings Says

January 06, 2012

Jan. 6 (Bloomberg) -- Late payments on securities backed by commercial mortgages decreased four basis points, or 0.04 percentage point, to 8.37 percent in December, according to Fitch Ratings.

“U.S. CMBS delinquencies finished last year with a fifth straight month of declines,” the rating company said in a statement today.

--Editors: Dennis Fitzgerald, Alan Goldstein

To contact the reporter on this story: Sarah Mulholland in New York at smulholland3@bloomberg.net

To contact the editor responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net


The Good Business Issue
LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus