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Fitch: U.S. CMBS Delinquencies Stable in July

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NEW YORK--(BUSINESS WIRE)--U.S. CMBS delinquencies were nearly unchanged last month amid low resolution and new delinquency volume, according to the latest index results from Fitch Ratings. Loan delinquencies moved just one basis point lower in July to 4.53% from 4.54% a month earlier. The dollar balance of late-pays fell $70 million to $17.10 billion from $17.17 billion in June. July resolution and delinquency activity was low, with resolutions of just $485 million edging out new delinquencies

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