Led by improving multifamily performance, past-due payments on securitized commercial mortgages retreated — though so did the overall amount outstanding.

Delinquency of at least 60 days on loans that are part of conduit-fusion commercial mortgage-backed securities was 2 basis points better during January than in December.

But late payments on securitized commercial mortgages have worsened 29 BPS from January 2011.

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