...This report summarizes Fitch Ratings annual U.S. commercial mortgage-backed securities (CMBS) losses for loans resolved in ####, including losses by resolution type, property type, and vintage. Special servicers resolved $#.# billion (### loan s) in ####, down from $#.# billion (### loans) in ####, as shown in the table below. In ####, ### loans totalling $#.# billion were resolved without a loss, representing ##% of #### loan resolutions, compared with ##% in ####. Loans resolved without a loss may become current, payoff in full, or defease. In ####, ### loans totalling $###.# million by original securitized balance were resolved with a loss. The loans had a weighted average loss severity of ##.#% and an average disposition time of ## months ...
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