Realpoint October CMBS Update: $32.6 Billion In October Delinquencies (504% YoY Increase), Forecasts $65 Billion By June 2010

Tyler Durden

The October delinquent loan balance of $32.55 billion is a 504% increase from the $5.39 in October 2008. Additionally, RealPoint presents a scenario in which the delinquencies in June 2010 would hit $65 billion (8.3% total delinquency rate): a doubling from the most recent level and unprecedented pain for any form of CRE exposure.

Realpoint October CMBS Update: $32.6 Billion In October Delinquencies (504% YoY Increase), Forecasts $65 Billion By June 2010 | zero hedge