Average three-month severities on CMBS conduit loans are at 47%, having steadily climbed since the middle of last year, according to Barclays Capital analysts, who predicted they would stay lofty in coming months.

The figure was 35% in Q1 2011.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.