Delinquency Rate Climbs for Commercial Loans
Delinquencies for commercial-mortgage-backed securities have topped 9 percent for the first time.

The Trepp National CMBS Delinquency Report shows that 9.05 percent of about $694 billion in commercial loans that back outstanding CMBS were 30 days or more delinquent as of Sept. 28 versus 6.49 percent at the beginning of 2010 and just 0.38 percent three years ago.

Source: Wall Street Journal (09/29/10)