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NEW YORK CITY-After Fitch Ratings predicted that CMBS fundamentals are slowly stabilizing this year, the latest index results from the global ratings agency shows that delinquencies for US commercial real estate loan collateralized debt obligations (CDOs) saw their largest decline in almost four years. The new report notes that late-pays declined to 12.6% in June from 14.1% in May, making it the most significant drop since October 2007.

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