| From Reuters: Delinquencies on mortgages that underlie commercial mortgage-backed securities (CMBS) rose by $1.63 billion in May, pushed up in part by the bankruptcy of General Growth Properties Inc, according to rating agency Realpoint.
The amount of delinquencies, up for the ninth straight month, rose to a 12-month trailing high of $18.78 billion out of a total unpaid balance of $835.4 billion of CMBS pools Realpoint had under review at the end of May, the rating agency said on Thursday.........Full Article: Source
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