The Consequence Of Lockdowns: Commercial Mortgage Delinquencies Triple to 10.3%

As thousands of restaurants, hotels, and local businesses in the U.S. struggle to stay open, delinquency rates across commercial mortgage-backed securities (CMBS) – fixed income investments backed by a pool of commercial mortgages – have tripled in three months to 10.32%.

 

 

 

 

 

https://www.zerohedge.com/economics/commercial-mortgage-delinquencies-near-record-levels