{"id":1004200144,"date":"2017-12-11T09:07:58","date_gmt":"2017-12-11T17:07:58","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004200144"},"modified":"2022-12-04T13:48:04","modified_gmt":"2022-12-04T21:48:04","slug":"cmbs-deliquency","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/","title":{"rendered":"CMBS Deliquency"},"content":{"rendered":"<p>By Steve Jellinek<\/p>\n<h2>by monthly balance; $ in billions<\/h2>\n<div id=\"attachment_1004197902\" style=\"width: 510px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004197902\" data-attachment-id=\"1004197902\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/1217_cmbs\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png\" data-orig-size=\"800,564\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"1217_CMBS\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png?w=800\" class=\"wp-image-1004197902\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png\" alt=\"1217_CMBS\" width=\"500\" height=\"353\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png?resize=300,212 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png?resize=768,541 768w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" \/><\/a><p id=\"caption-attachment-1004197902\" class=\"wp-caption-text\">Source: Morningstar Credit Ratings, LLC<\/p><\/div>\n<p>The delinquency rate in September improved for the third consecutive month, easing eight basis points to 2.9 percent, as the delinquent unpaid balance dropped nearly 1 percent, while the balance of the universe of securitized commercial mortgages rose to a seven-month high of $770.4 billion. The CMBS delinquent unpaid balance sunk to a 16-month low of $22.65 billion, down $211 million from the prior month, and down $446 million, or $1.9 percent, from the year-earlier period. While legacy CMBS now accounts for less than 7 percent of the CMBS universe, delinquencies from deals issued before 2010 represent 91.6 percent of all delinquencies by balance.<\/p>\n<p><em>Steve Jellinek is vice president of CMBS Research at Morningstar Credit Ratings.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The delinquency rate in September improved for the third consecutive month, easing eight basis points to 2.9 percent.<\/p>\n","protected":false},"author":1693,"featured_media":1004197902,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37753,21742],"tags":[],"class_list":["post-1004200144","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-research-center-finance","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>CMBS Deliquency - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CMBS Deliquency\" \/>\n<meta property=\"og:description\" content=\"The delinquency rate in September improved for the third consecutive month, easing eight basis points to 2.9 percent.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-11T17:07:58+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-04T21:48:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"564\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Steve Jellinek\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/\",\"name\":\"CMBS Deliquency - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png\",\"datePublished\":\"2017-12-11T17:07:58+00:00\",\"dateModified\":\"2022-12-04T21:48:04+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f48fa68ace24fcfeb2c0b6a48f0ab417\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png\",\"width\":800,\"height\":564},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CMBS Deliquency\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f48fa68ace24fcfeb2c0b6a48f0ab417\",\"name\":\"Steve Jellinek\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ff08420be02d879e8bd7b4085da2c90d7bdd64a9d50dff440a9ce2e7906c4995?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ff08420be02d879e8bd7b4085da2c90d7bdd64a9d50dff440a9ce2e7906c4995?s=96&d=mm&r=g\",\"caption\":\"Steve Jellinek\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/stevejellinek\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CMBS Deliquency - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/","og_locale":"en_US","og_type":"article","og_title":"CMBS Deliquency","og_description":"The delinquency rate in September improved for the third consecutive month, easing eight basis points to 2.9 percent.","og_url":"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-12-11T17:07:58+00:00","article_modified_time":"2022-12-04T21:48:04+00:00","og_image":[{"width":800,"height":564,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png","type":"image\/png"}],"author":"Steve Jellinek","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/","url":"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/","name":"CMBS Deliquency - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png","datePublished":"2017-12-11T17:07:58+00:00","dateModified":"2022-12-04T21:48:04+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f48fa68ace24fcfeb2c0b6a48f0ab417"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png","width":800,"height":564},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/cmbs-deliquency\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"CMBS Deliquency"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f48fa68ace24fcfeb2c0b6a48f0ab417","name":"Steve Jellinek","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ff08420be02d879e8bd7b4085da2c90d7bdd64a9d50dff440a9ce2e7906c4995?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ff08420be02d879e8bd7b4085da2c90d7bdd64a9d50dff440a9ce2e7906c4995?s=96&d=mm&r=g","caption":"Steve Jellinek"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/stevejellinek\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/1217_CMBS.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004200144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1693"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004200144"}],"version-history":[{"count":1,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004200144\/revisions"}],"predecessor-version":[{"id":1004200146,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004200144\/revisions\/1004200146"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004197902"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004200144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004200144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004200144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}