CMBS Delinquency Rate: Smallest Jump Since 2009
01 Oct 2011 |
Posted by griffin | 0 Comment.
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> > > > > > CMBS Delinquency Rate: Smallest Jump Since 2009 – Increase of 17 Basis Points in June to 8.59% > Commentary: The delinquency rate for commercial real estate loans in CMBS showed signs of moderating in June. While the rate was up 17 basis points, that was the best reading since July 2009. > > View the full report here. > For the nine months prior to June, the rate of increase in delinquencies averaged 39 basis points per month (after backing out the Stuyvesant Town impact in March). The lowest increase prior to June was February’s 23 basis point jump. > > Overall in June, the percentage of loans 30 or more days delinquent, in foreclosure or REO jumped 17 basis points, putting the overall delinquency rate at 8.59%. > > The increase for seriously impaired loans was significantly higher than the headline number. The percentage of loans seriously delinquent (60 days +, in foreclosure, REO, or non-performing balloons) jumped 28 basis points – although that was a marked improvement over May’s 41 basis point increase. > > > > View the full report here. > We welcome any comments or questions you may have. Email us at support@trepp.com. > Other Featured Products > Trepp CMBS > TreppLoan > TreppDerivative > > TreppWireTM > Did you get WIRED today? Get stimulated by daily news alerts in TreppWire. Learn more. > > > www.trepp.com > Trepp – North America > > 477 Madison Avenue > New York, NY 10022 > > +1 212 754 1010 > > Trepp – Europe > > 15 St. Mary at Hill > London, England EC3R 8EE > > +44 (0) 20 7621 2075 > > Foresight Analytics > > 1633 Broadway, Suite B > Oakland, CA 94612 > > +1 510 893 1760 > > Copyright © 2010 Trepp, LLC. All rights reserved. > > > > > >
