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Thursday, June 9, 2011

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Delinquencies Retreat in May After Record-Setting April
Deliquent Loans held in commercial mortgage-backed securities (CMBS) fell slightly in May from the new record high set the month before, according to Trepp LLC. The research firm says the percentage of CMBS loans 30 or more days delinquent, in foreclosure, or REO has fallen back 5 basis points to 9.60 percent.

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