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The most notable decline was among hotel properties. "As a percentage of the delinquent loan population, hotels fell to 5.4% of the total in October from 13.6% in September," said Director Michelle Bayard. The decline in hotel delinquency was driven primarily by the resolution of a large hotel in New Orleans, as the hotel's $83.3 million loan was assumed and brought current, though it has yet to be transferred back to the master servicer. Fitch analyzed delinquency by vintage for all sectors, and found that 1998 and 1999 securitizations accounted for 33.2% of all delinquencies as of October, though the vintages accounted for only 10.8% of Fitch rated transactions. Furthermore, as a percent of the 1998 and 1999 vintage universe, the October 2007 delinquencies account for 0.86%, significantly higher than...<br><a href='http://site-with-content.com/news/27961'>http://site-with-content.com/</a>
