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Fitch Ratings

CMBS delinquencies rise as larger loans default

by Jay HammondJanuary 22, 2009 Economy

?What began as a weakness in the performance of smaller properties located in tertiary markets now includes larger collateral in secondary and primary markets,? said Susan Merrick, Managing Director and U.S. CMBS group head for Fitch Ratings. ?Highly levered loans on transitional assets that were originated at the height of the market are proving particularly [...]

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