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Delinquences on commercial real estate loan CDOs declined slightly in October as more lenders stretched out the maturities of loans backing these securities, according to the latest index results from Fitch Ratings.

CREL CDO delinquencies fell 10 basis points to 12.8% in October from 12.9% in September. There were 58 loan extensions reported in October, up from the 2010 monthly average of 37 extensions.

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