The  continued  turnaround of hotels added to another decline for U.S.  CMBS  delinquencies, according to the latest index results from Fitch Ratings.  

Approximately  $604  million  in  resolved hotel-backed loans resulted in a slight  drop  of  five  basis points (bps) for CMBS late-pays, bringing the overall  rate to 8.60% from 8.65%.

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