U.S. CMBS Loan Defaults Could Top 12%

The default rate of loans in U.S. commercial mortgage-backed securities could top 12% by year-end, despite increases in CMBS issuance and successful loan modifications, Fitch Ratings predicts.

  • 24 May 2011
The default rate of loans in U.S. commercial mortgage-backed securities could top 12% by year-end, despite increases in CMBS issuance and successful loan modifications, Fitch Ratings predicts. The credit rating agency said nearly 50% of all new defaults come from loans in CMBS deals that originated in 2007, ...

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1 Bank of America Merrill Lynch (BAML) 3,136 9 13.35
2 Citi 2,562 6 10.90
3 Goldman Sachs 2,150 3 9.15
4 Credit Suisse 1,822 6 7.75
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  • Last updated
  • 22 May 2017
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