The aggregate value of Commercial Real Estate (CRE) loans backing CMBS that are priced by DebtX dipped to 75.9% as of March 31 from 76.5% as of Feb. 26. Loan values are down from 81.2% as of March 31, 2009.

“Loan prices were negatively impacted by the upward shift in the Treasury yield curve and the continued deterioration of CRE fundamentals, despite improvements in the CRE capital markets,” said DebtX CEO Kingsley Greenland.

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