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Fitch: U.S. CMBS Delinquencies Remain Stable

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NEW YORK--(BUSINESS WIRE)--U.S. CMBS delinquencies were nearly unchanged again in August while rates varied widely by vintage, according to the latest index results from Fitch Ratings. Loan delinquencies inched down another basis point last month to 4.52% from 4.53% a month earlier. The dollar balance of late-pays fell $224 million to $16.9 billion from $17.1 billion in July. Loans from legacy transactions continue to dominate the index with the rate for CMBS 1.0 (issued before 2009) at 10.16%

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