Special servicers were instrumental in curbing U.S. CMBS losses this past year but the current economic uncertainty makes the outlook for 2012 less optimistic, according to Fitch Ratings in its latest annual U.S. CMBS loss study.

Nearly four times as many loans were resolved by special servicers in 2010, with 1,427. Additionally, the average loss severity declined to 53.4% compared to 57% in 2009.  

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