CMBS loans in special servicing  continued to decrease in August but the recovery rate on liquidated CMBS loans dipped to 60.5% for second-quarter 2013 compared to 71.4% in 1Q’13, according to the latest quarterly index results from Fitch Ratings.

CMBS loans in special servicing fell to $60.1 billion for 2Q’13, compared to $64.2 billion at the end of 1Q’13. However  30 CMBS loans had 95% or greater losses last quarter, while 16 of those loans saw losses of 100% or greater, according to Fitch.

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