There was an 18 basis point decline in commercial mortgage-backed security loan delinquency rates in December over November, as resolutions of $1.7 billion outpaced additions of $1 billion, said Fitch Ratings.

Fitch said that the rate for December was 7.99%, down from 8.37% one year ago.   Another company which tracks CMBS, Trepp, uses a different methodology, and it said its data found the delinquency rate unchanged between December and November.

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