Fitch headquarters in Lower Manhattan Fitch Ratings headquarters in Lower Manhattan.

NEW YORK CITY—It’s now seven for seven in terms of declines in CMBS delinquencies. Fitch Ratings said Monday that late-pays on Fitch-rated securitizations declined 10 basis points in January to 3.12%, representing the seventh consecutive monthly decline, thanks to low volume of new delinquencies along with steady issuance of new CMBS transactions.