Delinquencies for U.S. commercial real estate CDOs declined again in May to 11.6% from 12.1%....

|By:, SA News Editor

Delinquencies for U.S. commercial real estate CDOs declined again in May to 11.6% from 12.1%. Fitch notes the index likely understates the extent of credit risk assets, "as managers continue to pursue resolutions and/or trade out potentially troubled assets at losses to par, often prior to actual default."