A new Trepp report showed that while the percentage of loans that paid off on their balloon date rose seven basis points to 42.2% in June, the rate is still struggling to recover after two consecutive months of decline.

The June figure was also above the 12-month rolling average of 39.6%. Trepp also reported that in terms of loan count, rather than balance, 56.1% of the loans paid off, up from 48.1% recorded in May.

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