Commercial-Mortgage Bond Payments Fall Short as Property Values Decline
Holders of commercial-mortgage backed securities have had $1.1 billion in interest withheld as plunging property values lead to reappraisals that eat into bondholders’ payments, according to data compiled by Bloomberg.

CarlFarbman

Read more on Bloomberg

Tags: Bond, CommercialMortgage, Decline, fall, Latest, MORTGAGE, News, payments, property, Short, Values

This entry was posted on Wednesday, August 11th, 2010 at 8:20 am and is filed under Mortgage News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Commercial-Mortgage Bond Payments Fall Short as Property Values Decline
Holders of commercial-mortgage backed securities have had $1.1 billion in interest withheld as plunging property values lead to reappraisals that eat into bondholders’ payments, according to data compiled by Bloomberg.

woodleywonderworks

Read more on Bloomberg

Tags: Bond, CommercialMortgage, fall, Latest, MORTGAGE, News, payments, property, Short, Values

This entry was posted on Wednesday, August 11th, 2010 at 8:20 am and is filed under Mortgage News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.