"Delinquencies within collateralized debt obligations in commercial real estate loans closed 13% higher in 2010 than a year earlier, according to Fitch Ratings.
The credit rating agency said the rate of December delinquencies rose to 13.6% from 12.7% in November, due primarily to higher defaulted REIT debt and increased credit impairments in CMBS..."
at http://www.housingwire.com/2011/01/14/commericial-cdo-delinquencies-begin-to-take-toll-on-investors?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+housingwire%2FuOVI+%28HousingWire%29
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