The rate of loans 30 days or more delinquent in U.S. commercial mortgage-backed securities rose 14 basis points to a record 9.34% in January, according to Trepp. While the rate of increase has averaged more than 25 basis points per month over the past 12 months, January was the second consecutive month in which it slowed. The rate for loans 60 days or more delinquent climbed 26 bps last month to 8.59%

Click here to read the release from Trepp.