CHART OF THE DAY: The Amazing Spiraling Mortgage Delinquencies

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The Mortgage Bankers Assocation (via Rolfe Winkler) is out with its latest look at loan delinquencies across a variety of investor groups.

The one trend: up.

CMBS has now crossed the 4% delinquency rate, though at least there are some signs of a turn, rather than just a pure straight line.

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