New York, January 22, 2016 -- The credit quality of US conduit/fusion commercial mortgage-backed securities (CMBS) continued to deteriorate in the final quarter of 2015, and conduit loan leverage will continue to rise for some time yet, Moody's Investors Service says in its latest report on US CMBS, "US CMBS Q4 Review: Conduit Credit Continues to Slip, But at a Slower Pace."

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