Office loan delinquencies are still trending upward and overall CMBS late-pays are still decreasing. These findings are based on the latest index results from Fitch Ratings.

CMBS delinquencies dropped nine basis points last month to 8.39% from 8.48% in July. Meanwhile, in August, roughly $2 billion loans were resolved and taken out from the index versus $1.7 billion of new delinquencies added to the index.

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