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Fitch headquarters in Lower Manhattan Fitch Ratings headquarters in Lower Manhattan.

NEW YORK CITY—It’s now seven for seven in terms of declines in CMBS delinquencies. Fitch Ratings said Monday that late-pays on Fitch-rated securitizations declined 10 basis points in January to 3.12%, representing the seventh consecutive monthly decline, thanks to low volume of new delinquencies along with steady issuance of new CMBS transactions.

Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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