One In Five Hotel-Backed Loans Is Now Delinquent « Finance Blog

While the pace of defaults remains elevated, a record number of loan resolutions in August again tempered the effect of $3.1 billion of new delinquencies, according to the latest U.S. CMBS delinquency index results from Fitch Ratings. .... U.S. stock index futures are called slightly higher on Wednesday ahead of the release of the Federal Reserve's Beige Book later today, but investors will remain focused on developments in European debt markets and jittery over European ...