Delinquencies among U.S. commercial mortgage-backed securities surged to by a record amount to...

|By:, SA News Editor

Delinquencies among U.S. commercial mortgage-backed securities surged to by a record amount to 3.64% in September, vs. just 0.54% one year ago, Moody's said today. Hotel loans were worst off, rising to 4.97% from 4.18% in August. Mutifamily delinquency rates hit 6.09% from 5.51%.